GBP/USD slips as robust US jobs data dampens expectations of Fed rate cut

During the North American session, GBP/USD dropped by more than 0.30% following the latest US jobs report. The US economy showed strength, keeping the pair at 1.3526 after reaching a peak of 1.3586 earlier in the day.

GBP/USD Slides as Robust US Jobs Data Dampens Expectations of Fed Rate Cut

GBP/USD drops over 0.30% as US jobs report keeps economy strong. Pair trades at 1.3526 after hitting daily high of 1.3586.

GBP/USD Holds Steady Above 1.3550 Before US Nonfarm Payrolls Release

GBP/USD Holds Steady near 1.3616, Highest Level Since February 2022 GBP/USD is currently trading around 1.3570 as it awaits US labor market data. The pair hit its highest point since February on June 5.

Gold prices drop as US President Trump and Chinese President Xi discuss trade talks

Gold prices remain steady on Thursday due to reduced geopolitical tensions, central bank's cautious stance, and weak US labor market data. These factors are supporting demand for safe-haven assets.

Australian Dollar Slips as US Dollar Strengthens, Focus on Initial Jobless Claims

Australian Dollar (AUD) stays strong against US Dollar (USD) for second day, boosted by domestic trade balance and China’s Caixin Services PMI. AUD/USD pair holds steady.

USD/CAD Price Forecast: Bearish Structure Intact, Short-Term Bounce Depends on 1.3700 Support

Canadian Dollar (CAD) remains strong against US Dollar (USD) as USD/CAD pair dips to 1.3710 during American session.

USD/INR Rebounds as US Dollar Sees Slight Increase in Demand

Indian Rupee (INR) weakens due to increased US Dollar (USD) demand and higher crude oil prices, causing pressure on the local currency.

Australian Dollar Strengthens as Trump’s Tariff Threats Impact US Economy

Australian Dollar (AUD) strengthens by over 0.50% against US Dollar (USD) as concerns over US economic growth and inflation grow. AUD/USD pair rises on Monday.

Dow Jones Industrial Average Faces Challenges Amid Ongoing Trade Concerns

The Dow Jones Industrial Average (DJIA) falls due to trade concerns from the White House, impacting investors.

AUD/JPY Holds Above 90.50 After Japan’s Disappointing Export Data

AUD/JPY rebounds from losses, trades near 90.70 amid weak Japanese Yen. Recovery fueled by disappointing export data from Japan.