US Dollar Jumps, Gold Slumps as US NFPs Come in Higher Than Forecast
Non-Farm Payrolls for December came in much higher than forecast, and average earnings rose, prompting the US dollar to rally further.
Non-Farm Payrolls for December came in much higher than forecast, and average earnings rose, prompting the US dollar to rally further.
Outlook on FTSE 100, CAC 40, Nasdaq 100 ahead of US Non-Farm payrolls.
Gold is ignoring ongoing geopolitical threats and market de-risking and is waiting for the monthly US Jobs Report later in the session
Gold prices, Treasury yields, the U.S. dollar and stocks will be quite sensitive to the December U.S. nonfarm payrolls report, as jobs data can have a direct impact on the Fed's monetary policy outlook and the timing of the first rate cut.
This article analyzes the near-term outlook for the U.S. dollar, examining major FX pairs such as USD/JPY and AUD/USD. The piece also scrutinizes the technical profile for XAU/USD
German inflation rose in December on base effects, Destatis data showed today, leaving EUR/USD a touch firmer ahead of tomorrow’s US NFP release.
Morning trading has seen a recovery for the FTSE 100, Dax and Dow futures, despite the hawkish tone of last night’s Fed minutes.
Sterling has picked up a small bid in early trade and is pressing against 1.2700 against the US dollar. Friday’s US Jobs Report holds the key for cable’s short-term direction.
This article zeroes in on the near-term outlook for the U.S. dollar, studying major pairs such as EUR/USD and USD/JPY. The piece also examines the technical bias for gold prices.
This article focuses on the near-term outlook for gold prices, analyzing important technical levels worth watching in the coming days ahead of the U.S. nonfarm payrolls report.