Will tomorrow's non-farm payrolls report beat, sending stocks and the US dollar higher or will it disappoint? Let's take a look at what the signal is from the other labor market indicators because forex fundamentals matter for trading.

 

Past performance is not indicative of future results. Trading forex carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade any such leveraged products you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading on margin, and seek advice from an independent financial advisor if you have any doubts.

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Despite the US Dollar’s firm performance, AUD/USD managed to shake off four consecutive daily declines and retest the 0.6300 barrier, buoyed by widespread risk-on sentiment fuelled by Trump’s tariff headlines.

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EUR/USD roiled on Monday, testing below the 1.0800 handle as market sentiment continues to grapple with mixed economic data and still-cooking tariff concerns. 

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Gold nears $3,000 amid tariffs’ optimism

Gold nears $3,000 amid tariffs’ optimism

The intense march north in the Greenback, in combination with the marked rebound in US yields across the curve are prompting Gold prices to recede to the proximity of the critical $3,000 mark per troy ounce.

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The US Fed decision to maintain rates unchanged last week ignited risk-on appetite across global risk assets markets. This saw demand for the US weaken 4% from its January peaks, according to Bloomberg. 

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Seven Fundamentals for the Week: Tariff news, fresh surveys, the Fed's preferred inflation gauge are eyed

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Reports and rumors ahead of Trump’s reciprocal tariffs announcement next week will continue moving markets. Business and consumer surveys will try to gauge where the US economy is heading. Core PCE, the Fed's preferred inflation gauge, is eyed late in the week.

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The Best brokers to trade EUR/USD

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SPONSORED Discover the top brokers for trading EUR/USD in 2025. Our list features brokers with competitive spreads, fast execution, and powerful platforms. Whether you're a beginner or an expert, find the right partner to navigate the dynamic Forex market.

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