Show:
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 L
JPY: Wage gains highlights BoJ rate hike prospect - MUFG
The yen is modestly stronger against the dollar this morning although this is more a reflection of US dollar weakness and the drop in USD/JPY is no larger than dollar declines against other G10 currencies.
Dow Jones futures point to a neutral opening with US Payrolls on focus
Dow Jones futures are trading practically flat a few hours ahead of the US market opening on Friday.
DXY: NFP can be binary event for USD - OCBC
Overnight data continued to show that US labour market is softening. Dollar Index (DXY) last at 97.98 levels, OCBC's FX analysts Frances Cheung and Christopher Wong note.
USD: Room to fall today - ING
There are mostly downside risks for the dollar today as the US releases jobs numbers for August, ING's FX analyst Francesco Pesole notes.
Gold Price Forecast: XAU/USD consolidates around $3,550 ahead of US NFP data for August
Gold price (XAU/USD) trades in a tight range around $3,350 during the European trading session on Friday. The precious metal consolidates as investors await the United States (US) Nonfarm Payrolls (NFP) data for August, which will be published at 12:30 GMT.
USD/JPY: Political risks are still present - OCBC
USD/JPY was a touch softer amid pullback in UST yields while Japan wages continue to rise (4.1% y/y vs. 3% expected). The rise in wages remain consistent with Governor Ueda's comments and this keeps hopes for policy normalisation alive.
CAD: Jobs data in focus today - ING
Canada releases August jobs data at the same time as the US today, ING's FX analyst Francesco Pesole notes.
EUR/USD: French vote on Monday - OCBC
Euro (EUR) remains largely supported amid the mild pullback in US Dollar (USD). Pair was last at 1.1687, OCBC's FX analysts Frances Cheung and Christopher Wong note.
EUR: Monday's vote in France shouldn't rock the euro - ING
Bloomberg's latest poll of European Central Bank forecasters shows expectations have turned markedly more hawkish, ING's FX analyst Francesco Pesole notes.
Silver price today: Silver rises, according to FXStreet data
Silver prices (XAG/USD) rose on Friday, according to FXStreet data.
USD/CAD trades with modest losses below 1.3800 ahead of US/Canadian jobs report
The USD/CAD pair extends the previous day's late pullback from the vicinity of mid-1.3800s, or an over one-week high, and attracts some follow through sellers on Friday.
AUD/USD nears weekly highs at 0.6560, with the US Dollar pulling back
The Australian Dollar is accelerating its recovery against a weaker US Dollar on Friday, with all eyes on the US Nonfarm Payrolls report, due later on the day.
USD/CHF extends its reversal below 0.8040 with US jobs data on focus
The US Dollar is on its back foot amid a brighter market mood on Friday, with investors bracing for a soft US Nonfarm Payrolls report later today to confirm market expectations of a Fed rate cut in September.
NZD/USD Price Forecast: Kiwi Dollar outperforms ahead of US NFP data
The NZD/USD pair trades 0.45% higher around 0.5870 during the European trading hours on Friday. The Kiwi pair strengthens as the New Zealand Dollar (NZD) outperforms its peers amid risk-on market mood.
EUR/USD picks up amid a brighter sentiment ahead of the US NFP release
The EUR/USD pair is trading moderately higher on Friday, currently at 1.1677, but still on track for its second consecutive negative week.
Silver Price Forecast: XAG/USD rebounds toward $41.00 amid prevailing bullish bias
Silver price (XAG/USD) recovers ground after registering more than 1% losses in the previous session, trading around $40.80 per troy ounce during the European hours on Friday.
Pound Sterling gains as UK monthly Retail Sales beat estimates
The Pound Sterling (GBP) attracts bids against its peers on Friday after the release of the upbeat United Kingdom (UK) Retail Sales data for July.
GBP/JPY pulls back below 199.50 despite bright UK consumption figures
The British Pound has pulled back from intra-day highs around 199.70 against the Japanese Yen, returning to levels right below 199.50despite the stronger-than-expected UK Retail Sales figures released earlier on the day.Retail Consumption rose at a 0.6% pace in the UK in August, according to data re
Forex Today: US Dollar remains within weekly range ahead of employment data
Here is what you need to know on Friday, September 5:
Disclaimer:
All information and content provided on this website is provided for informational purposes only and is not intended to solicit any investment. Although all efforts are made in order to ensure that the information is correct, no guarantee is provided for the accuracy of any content on this website. Any decision made shall be the responsibility of the investor and Myforex does not take any responsibility whatsoever regarding the use of any information provided herein.
The content provided on this website belongs to Myforex and, where stated, the relevant licensors. All rights are reserved by Myforex and the relevant licensors, and no content of this website, whether in full or in part, shall be copied or displayed elsewhere without the explicit written permission of the relevant copyright holder. If you wish to use any part of the content provided on this website, please ensure that you contact Myforex.
Myforex uses cookies to improve the convenience and functionality of this website. This website may include cookies not only by us but also by third parties (advertisers, log analysts, etc.) for the purpose of tracking the activities of users. Cookie policy