Watch our US nonfarm payrolls live coverage with Valeria Bednarik, Dale Pinkert and Mauricio Carrillo from FXStreet and Adam Button from ForexLive.
A lower than expected nonfarm payrolls numbers brought high volatility to the market. All eyes now to the Federal Reserve Meeting.
At the second hour, you will see the Live Analysis Room opening segment with members sharing ideas and strategies; all commented in community. Then, enjoy the interview the the legendary creator of Harmonic Trading Scott Carney @harmonictrader at the third hour at 2:12:01.
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GBP/USD holds gains near 1.2300 ahead of BoE policy announcements
GBP/USD is consolidating gains at around 1.2300 ahead of the BoE’s policy announcements. Strong UK CPI data, PM Sunak’s Brexit success and dovish Fed hike add strength to the Cable’s bullish momentum.
EUR/USD consolidates gains below 1.0900
EUR/USD has retreated modestly and gone into a consolidation phase below 1.0900 following the rally witnessed in the Asian session. Ahead of the mid-tier data releases from the US, the US Dollar stages a technical correction and makes it difficult for the pair to stretch higher.
Gold extends Fed-inspired bounce off $1,960 on softer yields
Gold price gathered bullish momentum and climbed above $1,980 early Thursday before retreating modestly. The benchmark 10-year US Treasury bond yield is up 1% on the day following Wednesday's sharp decline, limiting XAU/USD's upside for the time being.
Arbitrum's ARB token goes live, here is what to expect
The Arbitrum ARB governance token airdrop goes live marking the beginning of the Ethereum layer-2 solution’s transition into decentralization.
BoE Interest Rate Decision Preview: Preparing ground for a rate hike pause in May Premium
The Bank of England (BoE) is seen keeping up its interest rate increases, although at a slower pace in March, as the world battles financial sector risks. The BoE will announce its interest rate decision at 12:00 GMT on Thursday.