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AUD/USD jumps to six-week high as weak US NFP cement Fed cut
The AUD/USD rallies to six weeks high of 0.6588 after the latest Nonfarm Payrolls report in the United States (US), had cemented the case that the Federal Reserve would cut rates at the September meeting. The pair trades at 0.6565 up 0.40%
Fxstreet
Fri, Sep 5
REFILE-FOREX-Dollar falls sharply after jobs data misses expectations
Non-farm payrolls rise by 22,000 jobs last monthDollar falls against yen and Swiss francEuro gains, pound sterling rises Gold hits fresh record highTraders pricing in 12% chance of 50 bps cutBy Chibuike Oguh NEW YORK, Sept 5 (Reuters) - The U.S. dollar fell sharply against major peers on Friday a...Reuters
Fri, Sep 5
USD/CAD steadies near 1.3800 as Canada jobs slump offsets US Dollar weakness
The Canadian Dollar (CAD) weakens on Friday after dismal labor market data, but broad US Dollar (USD) softness following a weak US Nonfarm Payrolls (NFP) report kept USD/CAD’s upside in check. The pair is holding near the 1.3800 handle, rebounding from a four-day low in the aftermath of the release.
Fxstreet
Fri, Sep 5
US SEC, CFTC Issue Joint Staff Statement On Spot Crypto Asset Products
Sept 5 (Reuters) - U.S. SEC, CFTC ISSUE JOINT STAFF STATEMENT ON SPOT CRYPTO ASSET PRODUCTSSEC AND CFTC SAY PLANNING JOINT ROUNDTABLE IN SEPTEMBER ON HARMONIZING REGULATIONSSource text: [ID:]Further company coverage: [ ]Reuters
Fri, Sep 5
FOREX-Dollar falls sharply after jobs data misses expectations
By Chibuike Oguh NEW YORK, Sept 5 (Reuters) - The U.S. dollar fell sharply against major peers on Friday after a crucial jobs data showed that American employers hired fewer than expected workers as the labor market weakens, which likely guarantees a Federal Reserve interest rate cut.Labor Depart...Reuters
Fri, Sep 5
EUR/USD surges above 1.1700 as weak US NFP drags US Dollar and yields lower
The Euro (EUR) rallies against the US Dollar (USD) on Friday after the US Nonfarm Payrolls (NFP) report disappointed with just 22K jobs added in August, far below the 75K expected and July’s 79K (revised from 73K).
Fxstreet
Fri, Sep 5
Russia's Putin denies economy is stagnating, as evidence suggests otherwise
Putin says many dissatisfied with high interest ratesCentral bank's graph shows economy in recessionPutin warns of high inflation's negative impactPutin says Russia can increase deficit, borrow more By Vladimir Soldatkin and Gleb Bryanski VLADIVOSTOK, Russia, Sept 5 (Reuters) - President ...Reuters
Fri, Sep 5
FOREX-Dollar ticks lower as bond markets stabilise, US jobs data looms
Dollar slips ahead of key U.S. jobs dataYen gains after Japan-US trade deal lowers auto tariffsTraders expect near-100% chance of Fed rate cut this monthTrump's Fed nominee vows independence from political pressureBy Rocky Swift and Lucy Raitano TOKYO/LONDON, Sept 5 (Reuters) - The dollar dec...Reuters
Fri, Sep 5
GBP grind higher extends – Scotiabank
Cable has advanced steadily over the course of the Asian and European sessions to near 1.35 after UK Retail Sales rose 0.5% in July, a little better than the expected 0.3% M/M gain, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.Fxstreet
Fri, Sep 5
NZD/USD pares losses and approaches 0.5900 ahead of the US NFP release
The New Zealand Dollar reverses previous losses on Friday, buoyed by a mild appetite for risk and the US Dollar’s weakness as investors take positions for a soft US Nonfarm Payrolls report that would consolidate hopes of Fed interest rate cuts.
Fxstreet
Fri, Sep 5
Sterling ticks higher but heads for weekly loss after gilt turbulence
LONDON, Sept 5 (Reuters) - The pound rose versus a broadly weaker dollar on Friday, but headed for its third weekly decline in a row after a week marked by gilt market turbulence amid growing investor jitters over Britain's finances. At 1040 GMT on Friday, sterling GBP=D3 was 0.3% higher at $1....Reuters
Fri, Sep 5
USD/JPY trades lower around 148.00, focus is on US NFP data
The USD/JPY pair is down 0.25% to near 148.00 during the European trading session on Friday. The asset faces selling pressure as the US Dollar (USD) declines ahead of the United States (US) Nonfarm Payrolls (NFP) data for August, which will be published at 12:30 GMT.Fxstreet
Fri, Sep 5
