News
Important Only
Australian Dollar rebounds as sellers take a breather, dovish RBA bets might limit the gains
Mexican Peso plummets over 1% daily and almost 4% weekly
Investing.comAug 2, 2024
Vix surges to 15-month high as jobs report spark recession worries
Investing.comAug 2, 2024
Fed's Barkin says slowing pace of jobs 'reasonable' in pushback against big cuts
FxstreetAug 2, 2024
United States Baker Hughes US Oil Rig Count: 482
Canadian Dollar adrift on uneasy post-NFP markets
Forex
Mexican Peso plummets over 1% daily and almost 4% weekly
The Mexican Peso weakened further throughout the week against the Greenback and hit a new yearly low of 19.22, as fears that the United States (US) economy might slow down further hurt the outlook of its largest partner, Mexico.Fxstreet
Aug 2, 2024
Other
Fed's Barkin says slowing pace of jobs 'reasonable' in pushback against big cuts
Investing.com -- Richmond Federal Reserve president Tom Barkin said Friday that the July jobs report showing a significant slowdown in job gains was "reasonable," and downplayed calls for the Fed to dInvesting.com
Aug 2, 2024
Forex
GBP/USD Price Analysis: Rises above 1.2800 amid weak US data fueling rate cut hopes
The Pound Sterling rallied sharply against the US Dollar after recent economic data from the United States (US) sparked speculation that the US Federal Reserve might cut interest rates faster than expected.
Fxstreet
Aug 2, 2024
Forex
USD/CAD: Supported by soft stock market – Scotiabank
Soft stocks are helping keep the Canadian Dollar (CAD) tone defensive but whether weaker equity markets are enough of a justification for driving the CAD significantly lower at the moment remains to be seen, Scotiabank’s FX strategist Shaun Osborne notes.Fxstreet
Aug 2, 2024
