Friday, 5 June 2020

Gold Sinks, USD/JPY Surges as NFP Report Smashes Expectations

Gold prices plunged and the US Dollar exploded higher against the Japanese Yen after NFP data for May 2020 crushed estimates. The US economy added 2.5 million jobs, but was expected to shed 7.5 mil...

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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...