USD in the spotlight: latest news

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Sep 5FXEmpire

US Dollar Shows Mild Strength Ahead of Non-Farm Payroll Announcement

The US dollar experienced some fluctuations ahead of the Non-Farm Payroll announcement, a typical scenario as traders adjust their positions. Market activity is expected to remain cautious until the release of these key employment figures.
Sep 5FOREX.com

USD/JPY Forecast: Caught in a challenging economic landscape

The US dollar remains stagnant following a mix of economic data. While the ISM PMI reported stronger-than-expected results, the ADP employment data presented a different picture.
Sep 5City Index UK

Euro Weakens Against Dollar Ahead of NFP Report

The EUR/USD exchange rate has experienced a decline of more than 0.6% over the past three trading sessions as the Euro weakens ahead of the Non-Farm Payroll (NFP) report.
Sep 5WHTC

Canadian dollar outlook improves as Bank of Canada easing cycle approaches end

The Canadian dollar is expected to strengthen in the upcoming year as the Bank of Canada approaches the end of its interest rate cuts, according to a Reuters poll.
Sep 5www.tradingnews.com

GBP/USD Forecast at 1.3430 Amid Weak U.S. Jobs and BoE Hawkishness

The GBP/USD pair is currently trading at 1.3430, influenced by disappointing U.S. ADP jobs data and an ISM index reading of 50.9. The Bank of England maintains a hawkish outlook as UK inflation hovers around 4%. Key support and resistance levels are identified at 1.33.
Sep 5Exchange Rates Org UK

Pound Steady Against US Dollar Amid Calm Gilts and NFP Data

The Pound to US Dollar exchange rate remained stable above $1.34 on Thursday, influenced by weaker US employment indicators that affected the Dollar. Meanwhile, UK gilt yields showed signs of stabilization.
Sep 5FXStreet

US Dollar rises as lackluster employment data affects EUR/USD forecast

The EUR/USD pair remained within a narrow trading range around 1.1650 during the first half of the day. However, the US Dollar experienced a slight increase following the release of lukewarm employment data from the United States.
Sep 5MarketPulse

NFP Preview: Impact of US Jobs Report on DXY, Gold, and Dow Jones

The upcoming Non-Farm Payroll (NFP) report is anticipated to have significant implications for the US Dollar Index (DXY), gold prices (XAU/USD), and the Dow Jones Industrial Average (DJIA). Analysts are closely monitoring the US labor market as they consider how the NFP data might influence market trends.
Sep 5FXEmpire

US Dollar Remains Above 50-Day Mark Amid Rate Cut Speculation

The DXY remains above 98.000, even amid disappointing U.S. labor data, as traders consider whether a Federal Reserve rate cut has already been factored into the market. The ADP private payrolls report fell short of expectations, recording an increase of only 54,000 jobs.
Sep 5currencynews.co.uk

Euro to Dollar Outlook: EUR/USD Remains Above 1.16 Before US Jobs Data

The short-term forecast for the Euro to Dollar (EUR/USD) exchange rate shows the pair fluctuating within a range, currently positioned above 1.1600 but struggling to surpass 1.1700 as traders prepare for upcoming risks related to US jobs data.
Sep 5FOREX.com

USD/CAD Reverses Trend Ahead of August Low

The USD/CAD currency pair has reversed direction before reaching the August low of 1.3722, initiating a rally that has persisted for four consecutive days.
Sep 4FOREX.com

EUR/USD forecast suggests potential for bullish breakout ahead

After Tuesday's decline, the EUR/USD pair is attempting to recover as investors anticipate the release of important US economic data later this week. The foreign exchange market remains focused on these developments.
Sep 4www.tradingnews.com

USD/JPY Stays at 149.00 Amid NFP Data and Japan's Political Climate

The USD/JPY currency pair remains around the 149.00 mark, influenced by a 91% likelihood of a Federal Reserve rate cut and Japanese bond yields at 3.29%. Key support for the pair is identified at 146.20. Market sentiment is further shaped by the latest Non-Farm Payroll (NFP) data and ongoing political developments in Japan.
Sep 4FOREX.com

USD/JPY poised for breakout from current support range

USD/JPY is currently trading within a defined range just above its support level, and a breakout from this range could influence market trends in September. The key levels for this currency pair have been established, indicating potential volatility ahead.
Sep 4www.tradingnews.com

EUR/USD Stays Around 1.1650 Amid Fed Cut Bets and Bond Market Risks

The EUR/USD pair is currently trading around 1.1650, following disappointing US JOLTS data and Eurozone PMI figures. While expectations of a Federal Reserve interest rate cut have strengthened the euro, concerns about debt and rising bond yields are limiting its upward movement, capping resistance near 1.1730.
Sep 4FOREX.com

Gold prices soar as XAU/USD reaches new record highs

Gold has experienced a remarkable surge in recent days, reaching new record highs. Today, the price of gold rose by another 0.8%.
Sep 4FXEmpire

US Dollar Outlook: Safe-Haven Demand Faces Fed Easing Risks

Safe-haven demand is boosting the US Dollar Index, while expectations of Federal Reserve rate cuts and disappointing jobs data are causing GBP/USD and EUR/USD traders to remain cautious.
Sep 4DailyForex

EUR/USD Forecast: Price Retreats to Support Level of 1.16

The EUR/USD currency pair has declined towards the support level of 1.16, facing resistance around 1.1750 to 1.18. Traders are closely monitoring the upcoming US jobs report and the Federal Reserve's decision on interest rates for September.
Sep 4FOREX.com

Pound Gains Strength Against Dollar After BOE Announcements

The GBP/USD exchange rate has increased by more than 0.4% today, driven by recent statements from the Bank of England indicating a potential rate cut.
Sep 4www.tradingnews.com

GBP/USD Forecast: Sterling Rises to 1.3440 Amid Strong UK PMI

GBP/USD has risen to 1.3440 following a significant increase in the UK PMI, which reached 54.2, while US job openings declined to 7.18 million. Market participants are closely monitoring the 1.3500 resistance level and the 1.3330 support level.
Sep 4currencynews.co.uk

Pound Sterling Stays in $1.34 Range Before Key US ISM Release

The Pound to Dollar exchange rate (GBP/USD) remained stable within a narrow range of $1.34 on Wednesday. Investors were analyzing the recent US JOLTs job openings data in anticipation of the upcoming key ISM report.
Sep 4DailyForex

GBP/USD Forecast: Sharp Drop to 1.34 Support Level

GBP/USD experienced a significant decline, reaching a support level of 1.34 due to the strengthening of the US dollar. Traders should monitor key levels at 1.34, 1.32, and 1.36 as they prepare for the upcoming Non-Farm Payroll (NFP) data release on Friday.
Sep 4FXStreet

Euro gains ground as US Dollar falls on weak jobs report

The Euro strengthened on Wednesday, recovering against the US Dollar as the EUR/USD exchange rate approached the 1.1680 level.
Sep 4Exchange Rates Org UK

Pound Stable Against Dollar Amid Strong UK Services and Weak JOLTS Data

The Pound Sterling remained stable against the US Dollar on Wednesday, supported by a robust UK services sector. Meanwhile, the US Dollar experienced a setback due to a weaker JOLTS report, which reduced its upward momentum.
Sep 4FXEmpire

US Dollar Weakens on Wednesday, Affecting EUR/USD, USD/JPY, and AUD/USD

The US dollar weakened on Wednesday, experiencing a slight decline in strength as trading remains largely stagnant.