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GBP/USD drifts higher ahead of UK election results
GBP/USD extends its sideways grind near 1.2750 in the American session on Thursday. A broadly softer US Dollar keeps the pair afloat but traders refrain from placing fresh bets on the Pound Sterling while awaiting exit polls of UK election.
EUR/USD: The US NFP will put the rebound to the test
EUR/USD kept alive its multi-session uptrend and advanced past the 1.0800 barrier in response to the so-far incessant downside pressure in the US Dollar, all ahead of the publication of crucial NFP data at the end of the week.
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Gold consolidates weekly gains ahead of US NFP
Gold struggles to build on Wednesday's gains and trades in a narrow band above $2,350. Sustained US Dollar weakness alongside sluggish US Treasury bond yields help XAU/USD limit its losses ahead of Friday's key June jobs report from the US.
Bitcoin price falls amidst German government transfers
Bitcoin (BTC) faced rejection at the daily resistance level of $63,956 on Monday, resulting in a 4.2% decline over the next two days. BTC’s price extends its downward move and falls below $58,000 on Thursday, adding more than 4% losses in the day.
US June Nonfarm Payrolls Preview: Analyzing Gold price reaction to NFP surprises Premium
Historically, how impactful has the US jobs report been on gold’s valuation? In this article, we present results from a study in which we analyzed the XAU/USD pair's reaction to the previous 35 NFP prints*.