By FXStreet Analysts from Wells Fargo, explain that beyond the 215K gain in the NFP, labor costs continue to rise, consistent with a tightening labor market and noted
By FXStreet USD/JPY bottomed after the US employment report at 111.80 reaching the lowest since March 22 but then, after more economic data from the US (consumer confidence
By FXStreet AUD/USD dropped quickly toward the 0.7600 area amid a rally of the US dollar across the board after US economic data. Greenback lost strength during the
By FXStreet James Smith, Economist at ING explains that the increase in the ISM manufacturing index, coupled with the labor report “will give the FOMC some confidence about
By FXStreet Analysts from Lloyds Bank point out that today’s US employment numbers show a solid report even with the rise in the unemployment rate, indicating that markets
By FXStreet Eric Theoret, FX Strategist at Scotiabank, has reiterated the negative stance of the pair. Key Quotes“Both trend and momentum indicators are decidedly bearish, however the extent
By FXStreet The barrel of West Texas Intermediate has given away part of the recent upside, currently hovering over the $37.00 handle after bottoming out near $36.70. WTI
By FXStreet Gold hit a session low of $1208.91 following the release of a better-than-expected US ISM manufacturing PMI, before trimming losses to trade around $1212.51 levels. Weekly
By FXStreet EUR/GBP cross clocked rose to 0.8020; highest since November 2014 as upbeat US data is led to a bigger sell-off in GBP/USD pair than in EUR/USD
By FXStreet The common currency has faded the earlier spike beyond the 1.1400 handle vs. the dollar, with EUR/USD now retreating to the 1.1375/70 band. EUR/USD now looks
