Friday, 5 July 2019

USD Rises on Firm NFP Report, 50bps Fed Rate Cut Bets Plunge

US Nonfarm Payrolls rose by 224k in June, beating expectations of 160k expected. USD pushes higher alongside US yields, while gold breaks below $1400.


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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...