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Gold edges higher as Fed rate cut bets undermine USD ahead of NFP data
Gold (XAU/USD) edges higher during the Asian session on Friday and looks to build on the overnight bounce from the vicinity of the $3,500 psychological mark.
EUR/USD rises above 1.1650 ahead of Q2 Eurozone GDP data
EUR/USD trades around 1.1670 during the Asian hours on Friday, after recovering losses registered in the previous session. The pair appreciates as the Euro (EUR) gains ground ahead of the Eurozone Gross Domestic Product (GDP) for the second quarter.
USD/CAD falls to near 1.3800 ahead of US Nonfarm Payrolls
USD/CAD halts its four-day winning streak, trading around 1.3810 during the Asian hours on Friday. The pair depreciates as the US Dollar (USD) faces challenges, driven by softer-than-expected United States (US) job data.
Japanese Yen rises on strong data, USD pressured by Fed rate cut bets ahead of US NFP
The Japanese Yen (JPY) strengthened against its American counterpart during the Asian session on Friday in response to upbeat domestic data, which showed that real wages turned positive for the first time in seven months.
Australian Dollar appreciates as US Dollar weakens on Fed rate cut bets
The Australian Dollar (AUD) gains ground against the US Dollar (USD) on Friday, retracing its recent losses registered in the previous session. The AUD/USD pair appreciates as the US Dollar struggles amid softer-than-expected United States (US) job data.
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.
PBOC sets USD/CNY reference rate at 7.1064 vs. 7.1052 previous
On Friday, the People's Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead at 7.1064 compared to the previous day's fix of 7.1052 and 7.1052 Reuters estimate.
US President Donald Trump warned of 100% tariffs on foreign chip imports unless firms build in US
US President Donald Trump said that his administration would impose tariffs on semiconductor imports from firms not moving production to the United States, Reuters reported late Thursday.
US President Donald Trump prepares to start North American trade deal renegotiation -- WSJ
US President Donald Trump's administration is set to begin renegotiating the United States (US)-Mexico-Canada free trade deal, the Wall Street Journal reported on Thursday.
NZD/USD strengthens to near 0.5850 ahead of US NFP data
The NZD/USD pair attracts some buyers to around 0.5850 during the early Asian session on Friday. The softer-than-expected US job data continue to weigh on the US Dollar (USD). All eyes will be on the US Nonfarm Payrolls (NFP) report for August, which is due later on Friday.
Fed's Goolsbee: Labor market might be deteriorating
Federal Reserve Bank of Chicago President Austan Goolsbee said on Friday that US labor market might be deteriorating, adding that there is a bit of wait-and-see because of uncertainty.
USD/JPY holds steady near 148.50, all eyes on US NFP release
The USD/JPY pair flat lines near 148.50 during the early Asian session on Friday. Traders prefer to wait on the sidelines ahead of the crucial US economic data. The highly anticipated Nonfarm Payrolls (NFP) for August will take center stage later on Friday.
USD/CHF Price Forecast: Steady near 0.8050, awaiting NFP data
The USD/CHF remains steady at around the 50-day Simple Moving Average (SMA) of 0.8051, consolidates at around the 0.8050-0.8100 figure for the fourth straight day. At the time of writing, the pair trades at 0.8056 up 0.01%.
US President Donald Trump signs order sealing Japan tariff deal with 15% rate -- Bloomberg
US President Donald Trump signed an executive order implementing his trade agreement with Japan, which calls for a maximum 15% tax on most of Japan's imports, including automobiles and parts, Bloomberg reported late Thursday.
GBP/USD settles into holding pattern ahead of key US NFP jobs data
GBP/USD slowed to a crawl on Thursday, remaining stuck close to 1.3430 after a volatile showing through the week's earlier sessions. US Nonfarm Payrolls (NFP) are always a high-impact affair, but this Friday's US jobs showdown has taken on an even greater importance than usual.
EUR/USD slips to 1.1640 as US labor woes boost Dollar ahead of NFPs
The EUR/USD retreats after reaching a weekly high of 1.1736 on September 1, as economic data from the US drives the Dollar higher against the shared currency, which witnessed a soft Retail Sales report. The pair trades at 1.1640, down 0.12%.
AUD/USD steadies above 0.6500 as focus shifts to US Nonfarm Payrolls
The Australian Dollar (AUD) is under pressure against the US Dollar (USD) on Thursday, with AUD/USD down almost 0.50%, trading near 0.6510 at the time of writing.
Forex Today: US Nonfarm Payrolls will grab all the attention
The US Dollar (USD) managed to regain some balance and clock decent gains, always meandering in the low 98.00s amid investors' rising expectations ahead of the release of the crucial NFP report.
USD/JPY steadies above 148.00 with NFP in the spotlight
The Japanese Yen (JPY) remains on the defensive against the US Dollar (USD) on Thursday, with USD/JPY recovering most of Wednesday's losses and edging higher.
Dow Jones Industrial Average climbs after weak ADP bolsters Fed rate cut bets
The Dow Jones Industrial Average (DJIA) hit the bids running on Thursday, climbing over 250 points after disappointing ADP jobs data counterintuitively sent equity markets rallying.
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