November Jobs Report: Unemployment Falls and NFP Print Beats Forecast, DXY Advances

US Jobs data came in strong across the board today in a move which is likely to see Fed Chair Powell offer little in terms of a confirmation regarding potential rate cuts in 2024. Fed Swaps already pricing in less easing in 2024.

from DailyFX – Market News https://bit.ly/4aeLT24
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Gold (XAU/USD) Primed for US NFPs, Is Another Price Shock on the Cards?

Gold is one of many assets that is waiting for the latest US Jobs Report later in the session. This week gold started with a sudden burst of volatility – will we see the same again today?

from DailyFX – Market News https://bit.ly/46S2S7z
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Japanese GDP Strained by Rising Inflation and BoJ Spurs Hawkish Bets

Business and consumer spending suffered in Q3 as rising inflation weighs on real wages. BoJ officials provided more detail on what future policy may look like, lifting JPY

from DailyFX – Market News https://bit.ly/47OmEC9
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AUD Forecast: Australian Households Managing Tough Financial Conditions, RBA’s Brischetto

AUD prices held onto yesterday’s gains after the RBA’s Brischetto praised the ability of Australian households to meet financial obligations in difficult circumstances.

from DailyFX – Market News https://bit.ly/4a9u7NO
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