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EUR/USD declines on hot US NFP report, dents ECB-driven Euro rally
EUR/USD trip down extends its losses on Friday after hitting a six-week high near 1.1500 as Nonfarm Payroll figures in the United States (US) came in stronger than expected despite cooling off.
EUR/USD
Fxstreet
Fri, Jun 6
FOREX-Dollar advances against peers after strong US economic data
Dollar gains against yen and Swiss francUS adds 139,000 jobs in MayEuro loses ground but set for weekly gainBy Chibuike Oguh NEW YORK, June 6 (Reuters) - The dollar rose against major currencies on Friday after data showed better-than-expected U.S. jobs growth in May despite a slowdown from the p...
Reuters
Fri, Jun 6
Silver Price Forecast: XAG/USD hits a 13-year high on increased demand for the industrial metal
Silver (XAG/USD) is experiencing another day of positive gains, which has pushed prices to $36.00, its highest level since February 2012, providing a firm barrier of resistance.
Silver
Fxstreet
Fri, Jun 6
CANADA FX DEBT-Surprise jobs gain helps Canadian dollar hold on to weekly move higher
Canadian dollar weakens 0.1% against US dollarFor the week, advances 0.4%Canada's economy adds 8,800 jobs in MayBond yields climb across the curveBy Fergal Smith TORONTO, June 6 (Reuters) - The Canadian dollar edged lower against its U.S. counterpart on Friday but was holding on to a weekly g...
Reuters
Fri, Jun 6
AUD/USD falls as US Dollar bulls return following NFP data
The Australian Dollar (AUD) is weakening against the US Dollar (USD) following Friday’s Nonfarm Payrolls (NFP) pushed back expectations of a near-term interest rate cut from the Federal Reserve (Fed).
AUD/USD
Fxstreet
Fri, Jun 6
GBP/USD slips as strong US jobs data cools Fed rate cut bets
GBP/USD tumbled during the North American session, down over 0.30% after the latest jobs report in the United States (US) maintained the status quo, with the economy remaining strong. The pair traded at 1.3526 after hitting a daily high of 1.3586.
GBP/USD
Fxstreet
Fri, Jun 6
FOREX-Dollar rises against major peers after better-than-expected US economic data
Dollar gains against yen and Swiss francUS adds 139,000 jobs in MayEuro loses ground but set for weekly gainBy Chibuike Oguh NEW YORK, June 6 (Reuters) - The dollar rose against major currencies on Friday after data showed better-than-expected U.S. jobs growth in May despite a slowdown from the p...
Reuters
Fri, Jun 6
EUR/USD retreats below 1.1400 after US NFP data
Following a quiet beginning to the European session, EUR/USD turned south in the second half of the day and declined below 1.1400. At the time of press, EUR/USD was down 0.55% on the day at 1.1382.
EUR/USD
Fxstreet
Fri, Jun 6
FOREX-Dollar rises against major peers after US jobs data
By Chibuike Oguh NEW YORK, June 6 (Reuters) - The dollar rose against major currencies on Friday after data showed better-than-expected U.S. jobs growth in May despite a slowdown from the previous month, suggesting the Federal Reserve might wait longer to cut interest rates.Labor Department data ...
Reuters
Fri, Jun 6
GBP/JPY Price Forecast: Bullish momentum builds after rising above 195.00
The Japanese Yen (JPY) continues to weaken against the British Pound (GBP) on Friday, with the GBP/JPY pair edging up to near 195.20 at the time of writing.
GBP/JPY
Fxstreet
Fri, Jun 6
CANADA FX DEBT - Canadian dollar weakens, benchmark yield climbs
The Canadian dollar weakened against the greenback on Friday, and the yield on benchmark government debt climbed. The loonie CAD= was trading 0% lower at C$1.3681 to the greenback, or 73.09 U.S. cents, after trading in a range of 1.3661 to 1.3698.Canadian government 10-year bond yields CA10YT=RR ros...
Reuters
Fri, Jun 6
USD/INR slips as RBI delivers surprise 50 bps interest-rate cut, markets cheer dovish pivot
The Indian Rupee (INR) strengthens slightly against the United States Dollar (USD) on Friday, despite a surprise 50-basis-point (bps) interest-rate cut by the Reserve Bank of India (RBI).
Fxstreet
Fri, Jun 6
FOREX-Dollar poised for weekly loss, all eyes on US jobs data
Dollar close to 1-1/2 month lowCurrencies on guard ahead of Friday's U.S. jobs dataECB's hawkish tone keeps euro supportedBy Johann M Cherian, Rae Wee June 6 (Reuters) - The dollar was headed for a weekly loss on Friday, undermined by signs of fragility in the U.S. economy and little prog...
Reuters
Fri, Jun 6
JPY is underperforming on the day – Scotiabank
Japanese Yen (JPY) is down 0.4% vs. the US Dollar (USD) and underperforming all of the G10 currencies in an environment of modest USD strength.
USD/JPY
Fxstreet
Fri, Jun 6
GBP down modestly from Thursday’s multi-year high – Scotiabank
Pound Sterling (GBP) is also down 0.2% vs. the US Dollar (USD) with a modest pullback from Thursday’s fresh multi-year high, Scotiabank's Chief FX Strategist Shaun Osborne notes.
GBP/USD
Fxstreet
Fri, Jun 6
USD/JPY extends recovery to near 144.00 ahead of US NFP data
The USD/JPY pair rises further to near 144.00 during European trading hours on Friday, following the previous day’s recovery move. The pair strengthens as the US Dollar (USD) extends recovery ahead of the United States (US) Nonfarm Payrolls (NFP) data for May, which will be published at 12:30 GMT.
USD/JPY
Fxstreet
Fri, Jun 6
EUR quiet around pre-ECB levels as markets reassess outlook for cuts – Scotiabank
Euro (EUR) is soft, down a marginal 0.2% vs. the US Dollar (USD) and trading around levels that had prevailed ahead of Thursday’s ECB meeting, Scotiabank's Chief FX Strategist Shaun Osborne notes.
EUR/USD
Fxstreet
Fri, Jun 6
Sterling set to end week higher with spending plans in focus
UK services sector activity expanded more than expectedUK spared further US tariffs on steel and aluminiumInvestors concerned about debt in developed marketsBy Johann M Cherian June 6 (Reuters) - Sterling was on track to finish the week higher on Friday, supported by a UK economy largely resilien...
Reuters
Fri, Jun 6
USD/JPY: Likely to trade in a range of 142.95/144.40 – UOB Group
US Dollar (USD) is likely to trade in a range of 142.95/144.40 against Japanese Yen (JPY). In the longer run, price action suggests that USD is still trading in a range, most likely between 142.10 and 145.50, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
USD/JPY
Fxstreet
Fri, Jun 6
NZD/USD may not be able to break above 0.6080 – UOB Group
Risk remains on the upside, but with no clear increase in momentum, New Zealand Dollar (NZD) may not be able to break above 0.6080 against US Dollar (USD).
NZD/USD
Fxstreet
Fri, Jun 6
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