The US dollar is still licking its wounds from the Non-Farm Payrolls, but it may still remain the cleanest shirt in the dirty pile.
There's no time to rest for markets as the data flow continues: the busy week begins with the important ISM Non-Manufacturing PMI and a rate decision by the RBA, which carries a lot of uncertainty for the Aussie.
-------
Join us for a unique Forex experience in the FXStreet’s Live Forex Room. The #FXroom is the new Online TV channel 100% Forex. Check the schedule and come!
Daily Schedule
8:00 - 9:00 GMT (4:00 –5:00 EST) Live Europe Market Open- Trade and Follow European opening bell with Yohay Elam and ForexCrunch
- London online video show covering financial trading and sports with the TipTV team
- US opening, sharing charts and strategies in community and top traders interviews with Dale Pinkert
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers. The author will not be held responsible for information that is found at the end of links posted on this page.
If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.
The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.
Recommended Content
Editors’ Picks
EUR/USD drops below 1.0400 after soft German regional inflation data
EUR/USD faces renewed selling pressure and falls below 1.0400 in the European session on Friday. The regional inflation from Germany cooled off in January, fanning ECB rate cut expectations and weighing on the pair ahead of the nationwide data release.
GBP/USD keeps range above 1.2400, US PCE data eyed
GBP/USD trades in a narrow range above 1.2400 in the European session on Friday. The pair hangs in balance amid a broadly subdued US Dollar price action and a stabilizing risk sentiment. Traders digest the latest US President Trump's tariff threats, bracing for the US PCE data.
Gold price sits near record high; around $2,800 as traders await US PCE Price Index
Gold price touches the $2,800 mark, or a fresh all-time peak during the early part of the European session, and seems poised to prolong its well-established uptrend witnessed over the past month or so. US President Donald Trump's threatened trade tariffs, along with geopolitical tensions, continue to underpin demand for the safe-haven bullion.
Altcoins LINK, AVAX and LTC Price Prediction: Double-digit gains ahead
Altcoins Chainlink (LINK), Avalanche (AVAX) and Litecoin (LTC) prices found support around key levels earlier this week. Their technical outlook shows a bullish picture and hints at double-digit gains ahead.
The ECB cuts rates as its voyage to neutrality continues
The European Central Bank has cut interest rates again by 25bp and looks set to continue the current rate cut cycle. Even without having it fully telegraphed in recent weeks, today’s ECB decision to cut policy interest rates by 25bp is no surprise.
Trusted Broker Reviews for Smarter Trading
VERIFIED Discover in-depth reviews of reliable brokers. Compare features like spreads, leverage, and platforms. Find the perfect fit for your trading style, from CFDs to Forex pairs like EUR/USD and Gold.