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Iran’s Araghchi: Condemns US navy strike on Iranian tankers
According to the Iranian state media, Iran's Minister of Foreign Affairs Abbas Araghchi said during the European trade on Friday that Tehran condemns moves by the United States (US) navy against two Iranian tankers as aggressive acts and violations of the truce, Reuters reported.Fxstreet
Fri, May 8
USD: Payroll growth seen normalizing – TD Securities
TD Securities strategists expects the April US Nonfarm Payrolls report to show a normalization in job gains, forecasting an 80k headline increase versus 65k consensus. They see healthcare leading sectoral gains and anticipate the unemployment rate (UE) holding at 4.3%.
Fxstreet
Fri, May 8
EUR/CAD holds gains near 1.6050 as Euro advances on hawkish ECB tone
EUR/CAD extends its gains for the third successive day, trading around 1.6040 during the European hours on Friday. The currency cross remains stronger as the Euro (EUR) remains firm against its major peers despite the decline in Germany’s industrial sector activity in March.
Fxstreet
Fri, May 8
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US Stocks Tumble as Nasdaq Drops Over 4%; Micron Plunges Over 12% on Fears Slowing AI Data Center Expansion Will Dent Infrastructure Demand
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US October Nonfarm Payrolls Preview: Can Employment Rebound? US Stocks, Dollar and Gold Face Key Test
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