Fed and Sarb cut rates, but risks loom for global and local markets
Foreign investment boosts SA bonds, but equities remain unattractive.
AUD/USD: Can break clearly below 0.6820 – UOB Group
The Australian Dollar (AUD) could continue to weaken, but it does seem to have sufficient momentum to break clearly below 0.6820 for now.
Aussie Dollar slips on robust US data, eyes on next week's US inflation
The Australian Dollar dropped during the North American session after September’s jobs report in the United States (US), suggesting that the Federal Reserve (Fed) would not cut rates by 50 basis points (bps) at the November meeting.
Canadian Dollar extends losses after bumper NFP print
The Canadian Dollar (CAD) slipped further on Friday, driven lower by a broad-market extension of recent Greenback bidding that sent the US Dollar higher across the board after US Nonfarm Payrolls (NFP) figures widely outran expectations.
Dollar pauses near six-week high ahead of US jobs data; sterling attempts recovery
LODNON :The dollar hovered near a six-week high on Friday ahead of crucial jobs data that could dictate the path of U.S. interest rates, while the pound gained some ground after a steep selloff a day earlier.The dollar got a boost from safe-haven demand as investors weighed up the widening Middle East confli
Dow Jones Industrial Average climbs in NFP-fueled risk appetite recovery
The Dow Jones Industrial Average (DJIA) rallied after US Nonfarm Payrolls (NFP) jobs figures blew past expectations.
EUR/JPY retreats from weekly top, eyes 161.00 mark amid reviving JPY demand
The EUR/JPY cross meets with some supply during the Asian session on Friday and for now, seems to have snapped a two-day winning streak to the weekly peak, around mid-162.00s touched the previous day.
EUR/USD: Expected to trade between 1.1000 and 1.0050 – UOB Group
The Euro (EUR) is expected to trade between 1.1000 and 1.0050.
Forex Today: US Nonfarm Payrolls data for September to drive USD performance
Here is what you need to know on Friday, October 4: The US Dollar (USD) Index, which tracks the USD's valuation against a basket of six major currencies, extended its weekly uptrend and registered its highest daily close since mid-August on Thursday.
GBP/JPY trims a part of intraday losses, keeps the red below mid-191.00s
The GBP/JPY cross finds some near the 191.70 region on Friday and for now, seems to have stalled the overnight sharp pullback from a one-week high – levels beyond the 195.00 psychological mark.
GBP/USD trades flat above 1.3100 as traders brace for US NFP data
The GBP/USD pair struggles to gain ground near 1.3125 during the Asian session on Friday.
GBP/USD: Can dip to 1.3080 before stabilisation – UOB Group
Weakness has not stabilized. The Pound Sterling (GBP) could dip to 1.3080 before stabilisation can be expected.
Gold loses ground after strong US Nonfarm Payrolls data
Gold (XAU/USD) weakens into the $2,650s on Friday as traders sell the asset and the US Dollar strengthens on the back of strong US labor market data. The US Nonfarm Payrolls (NFP) report for September showed an improvement in almost all metrics including payrolls themselves, the Unemployment Rate and average hourly earnings.
Gold price slumps as strong US NFP hints small Fed rate cuts
Gold price retraces after a stronger-than-expected US jobs report hinted that the labor market remains solid and that the Federal Reserve (Fed) will likely ease policy in 25-basis-point (bps) chunks.
Gold price sticks to modest gains near weekly top, bulls seem non-committed ahead of US NFP
Gold price (XAU/USD) extends its sideways consolidative price move in a familiar range held since the beginning of the current week as traders await a fresh catalyst before positioning for the next leg of a directional move.
Mexican Peso reverses lower vs USD after Nonfarm Payrolls reveals strong labor market
The Mexican Peso (MXN) loses some of its earlier gains against the US Dollar (USD) on Friday following the release of the US Nonfarm Payrolls (NFP) report, the most significant labor market release for the United States (US). The report showed an improvement in almost all employment metrics, including payrolls, the Unemployment Rate and Average Hourly Earnings.
NZD/USD drifts higher above 0.6200 ahead of US employment data
The NZD/USD pair edges higher to around 0.6215 on Friday during the early Asian trading hours.
NZD/USD drops to near 0.6200 due to rising odds of an aggressive rate cut by the RBNZ
NZD/USD extends its losing streak, trading around 0.6200 during the early European hours on Friday.
NZD/USD: Can continue to weaken towards 0.6170 – UOB Group
The New Zealand Dollar (NZD) could continue to weaken; oversold conditions suggest any decline is unlikely to break below the significant support at 0.6170.
Pound Sterling Price News and Forecast: GBP/USD slumps to near 1.3070 after upbeat US NFP report
The Pound Sterling (GBP) slides below the round-level support of 1.3100 against the US Dollar (USD) in Friday’s New York session.
Pound Sterling slides below 1.3100 after strong US job data
The Pound Sterling (GBP) slides below the round-level support of 1.3100 against the US Dollar (USD) in Friday’s New York session.
US Dollar climbs for fifth straight day after bumper NFP jobs report
The US Dollar (USD) Index (DXY) climbed into a fifth consecutive bullish day on Friday, driven higher by better-than-expected US Nonfarm Payrolls figures.
US Dollar locks in best trading week in two years with a landslide Nonfarm Payrolls print
The US Dollar (USD) ties up with gains and is set to close off this week with nearly 2% gains in the US Dollar Index (DXY). The greenback gains after first the Nonfarm Payrolls print of 254,000 against the expected 140,000 was an out of this world
USD/CAD hovers around mid-1.3500s, one-month top as traders await US NFP report
The USD/CAD pair struggles to capitalize on the previous day's strong move up to a one-and-half-week top and oscillates in a range around mid-1.3500s during the Asian session on Friday.
last updated on 6 Oct 06:22