USD/CAD rises sharply to near 1.3600 after stronger-than-expected US labor market 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.

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

NEW YORK :The dollar jumped to a seven-week high on Friday and was on track to post its best week since September 2022 after a surprisingly strong jobs report for September led traders to cut bets that the Federal Reserve will make further 50-basis-point rate cuts.The greenback was also set for its best weekl

NEW YORK/ LONDON :MSCI's global equities index rose on Friday while the dollar climbed to its highest level since August after data showed the U.S. economy added far more jobs than expected in September, erasing expectations for another big Federal Reserve rate cut. The U.S. Bureau of Labor Statistics said 25

NEW YORK/LONDON :MSCI's global equities index rose on Friday while the dollar climbed to its highest level since mid-August as investors heaved a sigh of relief after a surprisingly strong U.S. labor market report.Oil prices rose and settled with their biggest weekly gains in over a year on the mounting threa

London stocks ended flat on Friday following a stronger-than-expected non-farm payrolls report and an upbeat reading on the UK construction sector, as investors continued to mull the implications of escalating tensions in the Middle East.

The Pound Sterling (GBP) slides below the round-level support of 1.3100 against the US Dollar (USD) in Friday’s New York session.

NEW YORK :The dollar jumped to a seven-week high on Friday after data showed that U.S. employers added more jobs than expected in September, leading traders to pare bets that the Federal Reserve will cut rates again by 50 basis points at its November meeting.Nonfarm payrolls increased by 254,000 jobs last mon

The US economy added far more jobs than expected in September while the unemployment rate unexpectedly fell, dashing any expectations of a potential 50 basis points rate cut by the Federal Reserve next month.

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.

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.

The Australian Dollar (AUD) could continue to weaken, but it does seem to have sufficient momentum to break clearly below 0.6820 for now.

Weakness has not stabilized. The Pound Sterling (GBP) could dip to 1.3080 before stabilisation can be expected.

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.

The Euro (EUR) is expected to trade between 1.1000 and 1.0050.

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.

EUR/USD dips below the psychological support of 1.1000 in Friday’s New York session.

NZD/USD extends its losing streak, trading around 0.6200 during the early European hours on Friday.

The GBP/USD pair struggles to gain ground near 1.3125 during the Asian session on Friday.

The high-impact Nonfarm Payrolls (NFP) data from the United States (US) for September will be published by the Bureau of Labor Statistics (BLS) on Friday at 12:30 GMT.

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.

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.

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.

The NZD/USD pair edges higher to around 0.6215 on Friday during the early Asian trading hours.

The GBP/USD pair posts modest gains to near 1.3125, snapping the three-day losing streak during the early Asian session on Friday.