Non-Farm Payrolls for December came in much higher than forecast, and average earnings rose, prompting the US dollar to rally further.
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Non-Farm Payrolls for December came in much higher than forecast, and average earnings rose, prompting the US dollar to rally further.
from DailyFX – Market News https://bit.ly/3tH60pc
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Outlook on FTSE 100, CAC 40, Nasdaq 100 ahead of US Non-Farm payrolls.
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Gold is ignoring ongoing geopolitical threats and market de-risking and is waiting for the monthly US Jobs Report later in the session
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Gold prices, Treasury yields, the U.S. dollar and stocks will be quite sensitive to the December U.S. nonfarm payrolls report, as jobs data can have a direct impact on the Fed’s monetary policy outlook and the timing of the first rate cut.
from DailyFX – Market News https://bit.ly/48qYBJR
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This article analyzes the near-term outlook for the U.S. dollar, examining major FX pairs such as USD/JPY and AUD/USD. The piece also scrutinizes the technical profile for XAU/USD
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