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EUR/USD pivots into a loss-making week after US NFP bolsters Greenback
EUR/USD tumbled sharply on Friday, receding after US Nonfarm Payrolls climbed well above forecasts and European Central Bank (ECB) President Lagarde warned that a follow-up rate cut to June’s quarter-point rate trim may not be on the cards as many investors hope.
Fxstreet
Jun 7, 2024
Mexican Peso tanks to eight-month low amid AMLO’s comments, US data
The Mexican Peso sank to a new eight-month low against the Greenback on Friday after Mexican President Andres Manuel Lopez Obrador's (AMLO) comments rattled investors who continued to sell Pesos amid an uncertain outlook.
Fxstreet
Jun 7, 2024
GBP/USD Price Analysis: Struggles at 1.2800 and tumbles toward 1.2720s post-NFP
The British Pound plunged against the US Dollar after the US Bureau of Labor Statistics (BLS) revealed the US jobs market remains hotter than expected, exceeding the consensus estimates, boosting the Greenback.
Fxstreet
Jun 7, 2024
Mexican Peso weakens on investor fears over new administration
The Mexican Peso (MXN) pauses its decline on Friday after another bout of selling since the beginning of the week, sparked by investor fears regarding the market impact of radical changes to the Mexican constitution proposed by the country’s recently-re-elected left-wing administration.Fxstreet
Jun 7, 2024
