Friday, 7 June 2019

USD Drops on Weak NFP Report, Fed Rate Cut Bets Rising

US Nonfarm Payrolls rose by 75k in May, heavily missing expectations of 185k expected, while soft earnings also weigh on the greenback.


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ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...