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The US dollar flexed its muscles after a stronger-than-expected US jobs report, putting pressure on the British pound. The GBP/USD currency pair dipped to 1.2722, a decline of 0.53% at the time of writing. This weakness comes after the pair failed...
The Euro took a tumble against the US Dollar on Friday after a double whammy of positive US economic data and cautious comments from the European Central Bank (ECB). Firstly, US nonfarm payrolls for May smashed expectations, surging to a net 272,000...
NZD/USD Analysis Greetings and Good Morning to all! Yesterday, the US news events related to the Non-Farm Employment and Unemployment rates significantly impacted the NZD/USD market, pushing it down to the support zone of 0.6133. This shift...
Wall Street Sliding: SP 500, Nasdaq Fall Ahead of Jobs Data The SP 500 and Nasdaq Composite ended Thursday with small losses ahead of a major jobs report, retreating from record highs hit the day before. The Dow, however, edged up slightly. The SP...