The US Dollar is appreciating against its main peers on Friday, with investors closing Dollar lows ahead of the release of November’s Nonfarm Payrolls report. The USDJPY pair has bounced from the
The benchmark US crude West Texas Intermediate remains under some selling pressure for the second day and reversed a major part of weekly gains, trading below mid-$68.00s, down 0.30% for the day,
The US dollar struggled to find demand following mixed macroeconomic data releases on Thursday. The Initial Jobless Claims declined by 12,000 to 216,000 for the week ending October 26, while the Employment
The US Dollar Index rose more than 2% in the previous week and registered its largest one-week gain of 2024. The index remains in a consolidation phase at around 102.50 in European
The EURUSD currency pair is under pressure, trading in the 1.1060s on Wednesday, after the pair fell from 1.1135 on Tuesday, in a sell-off that amounted to a 0.60% one-day decline. Lower-than-expected
The U.S. added a disappointing 142,000 jobs to the labour market in August, less than the expected 160,000 nonfarm payrolls, prompting the CEO of a leading financial advisory and fintech, to call
The price of silver (XAGUSD) continues to gain ground for the second successive session, trading around $28.40 per troy ounce in Thursday’s European markets. The non-yielding assets like silver could advance further
The EURUSD currency pair is holding onto Wednesday’s recovery slightly below the round-level resistance of 1.1100 in Thursday’s European session. The major cross bounced back sharply on Wednesday after the release of
The US Dollar is holding its ground against major rivals early Wednesday as markets wait for the US Bureau of Labor Statistics to announce the preliminary benchmark revisions to Nonfarm Payrolls. Later
By Naeem Aslam As traders and investors pay close attention to the two most important economic events that have unfolded, stock futures in the US and Europe are sitting on solid gains,
