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Dollar slides, gold shines after soft US labor market data
Manage episode 417475832 series 3382362
Dollar drops as jobless claims signal labor market is losing steam. Gold and stock markets climb, capitalizing on Fed rate cut bets. Sterling retreats on BoE decision, but recovers after GDP stats.
Risk Warning: Our services involve a significant risk and can result in the loss of your invested capital. *T&Cs apply.
Please consider our Risk Disclosure: https://www.xm.com/goto/risk/en
Risk warning is correct at the time of publication and may change. Please check our Risk Disclosure for an up to date risk warning
Receive your daily market and forex news analysis directly from experienced forex and market news analysts! Tune in here to stay updated on a daily basis: https://www.xm.com/weekly-forex-review-and-outlook
In-depth forex news analysis on all major currencies, such as EUR/USD, USD/JPY, GBP/USD, USD/CHF, USD/CAD, AUD/USD.
1183 episoder
Manage episode 417475832 series 3382362
Dollar drops as jobless claims signal labor market is losing steam. Gold and stock markets climb, capitalizing on Fed rate cut bets. Sterling retreats on BoE decision, but recovers after GDP stats.
Risk Warning: Our services involve a significant risk and can result in the loss of your invested capital. *T&Cs apply.
Please consider our Risk Disclosure: https://www.xm.com/goto/risk/en
Risk warning is correct at the time of publication and may change. Please check our Risk Disclosure for an up to date risk warning
Receive your daily market and forex news analysis directly from experienced forex and market news analysts! Tune in here to stay updated on a daily basis: https://www.xm.com/weekly-forex-review-and-outlook
In-depth forex news analysis on all major currencies, such as EUR/USD, USD/JPY, GBP/USD, USD/CHF, USD/CAD, AUD/USD.
1183 episoder
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