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Australian Dollar remains steady following TD-MI Inflation Gauge data
The Australian Dollar (AUD) advances against the US Dollar (USD) on Monday, extending its gains for the second successive trading day. The AUD/USD pair gained ground following the release of Australia's inflation gauge data.
Fxstreet
Mon, Aug 4
NZD/USD softens to near 0.5900 ahead of China’s trade deadline
The NZD/USD pair tumbles to near 0.5915 during the Asian trading hours on Monday. Tariff uncertainty between the United States (US) and China weighs on the China-proxy Kiwi. The downside might be limited due to a dismal US jobs report and rising September Federal Reserve (Fed) rate cut bets.
Fxstreet
Mon, Aug 4
EUR/USD falls to near 1.1550 despite a dovish tone surrounding Fed policy outlook
EUR/USD depreciates after registering around 1.5% gains in the previous session, trading around 1.1560 during the Asian hours on Monday. The pair loses ground as the US Dollar (USD) recovers its losses of the prior trading day.
Fxstreet
Mon, Aug 4
EUR/USD skyrockets as US jobs data triggers Fed rate cut bets
The EUR/USD surges more than 1% on Friday as the Greenback gets battered on a worse-than-expected jobs report in the United States (US), which triggered investors' reaction to price in two interest rate cuts by the Federal Reserve (Fed).Fxstreet
Fri, Aug 1
AUD/USD slips despite soft NFP as RBA rate cut bets keep Aussie pressured
The Australian Dollar (AUD) remains under pressure against the US Dollar (USD) on Friday, giving back most of its earlier gains despite broad weakness in the Greenback following a disappointing Nonfarm Payrolls (NFP) data.Fxstreet
Fri, Aug 1
EUR/GBP soars to 0.8710 as US jobs disappoint, BoE rate cut in focus
The EUR/GBP rallied sharply on Friday as the Bank of England's (BoE's) next week’s monetary policy decision looms, and a worse-than-expected Nonfarm Payrolls report in the United States (US), sparked talks about a possible “stagflation” scenario in the US.
Fxstreet
Fri, Aug 1
Canadian Dollar rebounds as dismal NFP data weighs on USD
The Canadian Dollar (CAD) erased a portion of its weekly losses against the US Dollar (USD) on Friday following the disappointing July employment report from the US. At the time of press, the USD/CAD pair was trading at 1.3795, losing about 0.5% on a daily basis.Fxstreet
Fri, Aug 1
JPY outperforming as haven demand returns following hiatus – Scotiabank
The Japanese Yen (JPY) is up a modest 0.2% against the US Dollar (USD) but outperforming all of the G10 currencies in classic risk off trade, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.Fxstreet
Fri, Aug 1
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