GBP/USD drops below 1.2400, defying speculations of imminent BoE rate hike next week
Pound Sterling recovery falters as recession risks deepen
GBP/USD: Risk extra retracements in the near term – UOB
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EUR/USD holds lower ground below 1.0300 as traders await US NFP
EUR/USD holds lower ground below 1.0300 in European trading hours on Friday. Concerns over US President-elect Trump's policies and hawkish Fed expectations favor the US Dollar ahead of the critical US Nonfarm Payrolls data release.
GBP/USD falls back below 1.2300, US NFP eyed
GBP/USD is falling back below 1.2300 in the European morning on Friday, failing to sustain the rebound. The pair remains vulnerable amid persistent US Dollat strength and the UK bond market turmoil. The focus now shifts to the US labor market data for fresh trading directives.
Gold price sticks to intraday gains near multi-week top; US NFP in focus
Gold price attracts buyers for the fourth straight day on Friday amid some haven flows. The Fed’s hawkish stance, elevated US bond yields and a bullish USD should cap gains. Traders might also opt to wait for the release of the key US NFP report later this Friday.
Nonfarm Payrolls forecast: US December job gains set to decline sharply from November
US Nonfarm Payrolls are expected to rise by 160K in December after jumping by 227K in November. US jobs data is set to rock the US Dollar after hawkish Fed Minutes published on Wednesday.
How to trade NFP, one of the most volatile events Premium
NFP is the acronym for Nonfarm Payrolls, arguably the most important economic data release in the world. The indicator, which provides a comprehensive snapshot of the health of the US labor market, is typically published on the first Friday of each month.
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