News
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Dow Jones Industrial Average tumbles 250 points as NFP figures dip faster than expected
The Dow Jones Industrial Average (DJIA) sank on Friday, falling nearly 500 points at its lowest after United States (US) Nonfarm Payrolls (NFP) data showed the US added far fewer jobs than expected, pinning expectations of a Federal Reserve (Fed) interest rate cut on September 17.Fxstreet
Fri, Sep 5
US Dollar Index (DXY) dives below 98.00 with US employment on the spotlight
The US Dollar is losing ground against its main peers on Friday, with the market anticipating a soft US Nonfarm Payrolls Report, due later today, to confirm market expectations that the Federal Reserve will finally cut interest rates in September.The US Dollar Index, which measures the value of theFxstreet
Fri, Sep 5
Markets brace for weak U.S. Jobs Report – BBH
US August nonfarm payrolls (NFP) takes center stage today (1:30pm London, 8:30am New York). Ahead of the numbers, USD is trading on the defensive against all major currencies, global equity markets are rallying, and bond yields continue to correct lower, BBH FX analysts report.Fxstreet
Fri, Sep 5
USD: How long can the markets keep sugarcoating the situation? – Commerzbank
The US dollar was able to gain broadly amidst the turbulence in the bond market. This is particularly remarkable because the rise in US yields was likely not due to positive economic prospects but rather to an increasing risk premium.Fxstreet
Fri, Sep 5
USD: Resilience of dollar could quickly give way – MUFG
The US dollar has certainly shown some better resilience this week although the gains recorded yesterday have reversed so far today – a possible delayed reaction to the steady stream of weak labour market data ahead of today’s nonfarm payrolls report.Fxstreet
Fri, Sep 5
USD: A point on the US labor market report – Commerzbank
One more point on today's data: weak employment growth would not only have implications for US monetary policy, it would also indicate whether the dismissal of the head of the responsible statistics office could have an impact on data collection, Commerzbank's Head of FX and Commodity Research Thu LFxstreet
Fri, Sep 5
US Dollar Index treads water above 98.00 ahead of Nonfarm Payrolls
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is trading around 98.10 during the early European hours on Friday after recovering recent gains from the previous session.Fxstreet
Fri, Sep 5
US Dollar Index softens to near 98.00 as Fed rate cut bets grow
The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, edges higher to around 98.15 during the Asian session on Friday. The US August employment report will be the highlight later on Friday.Fxstreet
Fri, Sep 5
Dow Jones futures remain steady ahead of US key economic data
Dow Jones futures remain steady near 45,300 during European hours on Thursday, ahead of the opening of the United States (US) regular markets. Moreover, the S&P 500 futures edge higher 0.15% to trade above 6,450 the Nasdaq 100 futures advance 0.20%, trading around 23,500.Fxstreet
Thu, Sep 4
