Gold Prints a Triple Bottom, NFPs Could Cap Further Gains
Spot gold failed to print a new YTD low. Have we seen the bottom already or will the NFP release push the precious metal to a new low?
NFP and Forex: What is NFP and How to Trade It?
Non-farm payroll figures are highly anticipated by forex traders. Find out how they affect trading.
Crude Oil Forecast: Brent Surges on Weaker USD as NFP Takes Centre Stage
Brent crude oil keenly awaits NFP data later today after taking advantage of a softer USD.
Gold Prices Await Non-Farm Payrolls Data, Will the US Dollar Rally?
Gold prices may fall if US non-farm payrolls data surprises higher, boosting the US Dollar. Retail traders boosted XAU/USD long bets, further adding to a pessimistic outlook.
GBP/USD Technical Outlook: Has the British Pound Run its Course?
Has the British Pound’s rally against the US dollar run its course? What is the outlook and the signposts to watch?
S&P 500 and GBPUSD Slide in FOMC Aftermath, How Will NFPs Steer Markets?
The Federal Reserve’s warning that it would not break from its tightening course has carried over for risk assets like the S&P 500 and the Dollar. The echoes of the…
EUR/USD Rate Susceptible to Strong US NFP Report
The US Non-Farm Payrolls (NFP) report may fuel the recent weakness in EUR/USD as the update is anticipated to show a further improvement in the labor market.
AUD/USD Aims Lower on Rising Recession Bets as US Dollar, Yields Rise
The risk-sensitive Australian Dollar fell nearly 1% against the US Dollar as recession bets rose overnight. Asia-Pacific traders may trade cautiously ahead of tomorrow’s US jobs report.
USD/CAD Reverses Ahead of 50-Day SMA to Eye Yearly High
USD/CAD may attempt to retrace the decline from the yearly high (1.3978) as it reverses ahead of the 50-Day SMA (1.3248).
S&P 500 Clobbered by Fed’s Hawkish Guidance, NFP Eyed for Market Direction
The S&P 500 extends the Fed-induced sell-off on Thursday as traders bet that the central bank's terminal rate will have to drift higher to slow inflation despite mounting recession risks.