The EUR/USD climbed half a percent bottom-to-top on Thursday, tapping 1.0970 before settling into the 1.0960 neighborhood as markets digest data beats from both sides of the Pacific heading into Friday’s US Nonfarm Payrolls (NFP) print.
Blogs
United States 4-Week Bill Auction fell from previous 5.325% to 5.29%
United States 4-Week Bill Auction fell from previous 5.325% to 5.29%
United States EIA Crude Oil Stocks Change came in at -5.503M, below expectations (-3.725M) in December 29
United States EIA Crude Oil Stocks Change came in at -5.503M, below expectations (-3.725M) in December 29
USD/JPY rallies on the back of strong US labor market figures
In Thursday's trading session, the USD/JPY pair has seen a rally, rising to multi-week highs of 147.70 with a robust 1% uptick.
United States EIA Natural Gas Storage Change registered at -14B above expectations (-40B) in December 29
United States EIA Natural Gas Storage Change registered at -14B above expectations (-40B) in December 29
Swiss Franc weakens versus Pound Sterling after UK data surprises
The Swiss Franc (CHF) fell against a strengthening Pound Sterling (GBP) on Thursday after risk sentiment improved on the back of strong global macroeconomic data, in particular data from the United Kingdom (UK).
S&P 500 at late December low: Breakdown or rebound?
The stock market began the year on a very weak note, but currently, it appears to be just a correction of December’s advances.
AUD/USD dips toward 0.6700, pressured by strong US data
The AUD/USD extends its losses in early trading on Thursday during the North American session, down 0.33% and at the brisk of diving below the 0.6700 figure.
United States S&P Global Composite PMI below forecasts (51) in December: Actual (50.9)
United States S&P Global Composite PMI below forecasts (51) in December: Actual (50.9)
United States S&P Global Services PMI above expectations (51.3) in December: Actual (51.4)
United States S&P Global Services PMI above expectations (51.3) in December: Actual (51.4)