Here's the rundown  for today's FOMC meeting & the 4 things to watch. No rate change does not mean no volatility for forex, stocks + gold.

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EUR/USD retreats from daily highs, holds above 1.0800

EUR/USD retreats from daily highs, holds above 1.0800

EUR/USD loses traction but holds above 1.0800 after touching its highest level in three weeks above 1.0840. Nonfarm Payrolls in the US rose more than expected in June but downward revisions to May and April don't allow the USD to gather strength.

EUR/USD News

GBP/USD struggles to hold above 1.2800 after US jobs data

GBP/USD struggles to hold above 1.2800 after US jobs data

GBP/USD spiked above 1.2800 with the immediate reaction to the mixed US jobs report but retreated below this level. Nonfarm Payrolls in the US rose 206,000 in June. The Unemployment Rate ticked up to 4.1% and annual wage inflation declined to 3.9%. 

GBP/USD News

Gold approaches $2,380 on robust NFP data

Gold approaches $2,380 on robust NFP data

Gold intensifies the bullish stance for the day, rising to the vicinity of the $2,380 region following the publication of the US labour market report for the month of June. The benchmark 10-year US Treasury bond yield stays deep in the red near 4.3%, helping XAU/USD push higher.

Gold News

Crypto Today: Bitcoin, Ethereum and Ripple lose key support levels, extend declines on Friday

Crypto Today: Bitcoin, Ethereum and Ripple lose key support levels, extend declines on Friday

Crypto market lost nearly 6% in market capitalization, down to $2.121 trillion. Bitcoin (BTC), Ethereum (ETH) and Ripple (XRP) erased recent gains from 2024. 

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How the new UK government can tackle the public finances

How the new UK government can tackle the public finances

Britain is waking up to a Labour government for the first time in 14 years, and one that will command a significant majority in the House of Commons. But the honeymoon for incoming Prime Minister Keir Starmer will be short-lived.

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