The Dow Jones Industrial Average - a US stock index made up of some of the biggest global firms - has hit 17,000 for the first time.

On Thursday, investors pushed shares higher after a better-than-expected jobs report showed the US economy added 288,000 jobs in June.

Overall, low interest rates have led investors to pour money into stocks in an effort to make a profit.

That has pushed US indexes - including the S&P 500 - to new highs in 2014.

On Wednesday, the Dow closed at its 13th record for the year, and the S&P 500 hit its 24th closing high for 2014.

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USD/JPY briefly recaptures 160.00, then pulls back sharply

USD/JPY briefly recaptures 160.00, then pulls back sharply

Having briefly recaptured 160.00, USD/JPY pulls back sharply toward 159.00 on potential Japanese FX intervention risks. The Yen tumbles amid news that Japan's PM lost 3 key seats in the by-election. Holiday-thinned trading exaggerates the USD/JPY price action. 

USD/JPY News

AUD/USD extends gains above 0.6550 on risk flows, hawkish RBA expectations

AUD/USD extends gains above 0.6550 on risk flows, hawkish RBA expectations

AUD/USD extends gains above 0.6550 in the Asian session on Monday. The Aussie pair is underpinned by increased bets of an RBA rate hike at its May policy meeting after the previous week's hot Australian CPI data. Risk flows also power the pair's upside. 

AUD/USD News

Gold stays weak below $2,350 amid risk-on mood, firmer USD

Gold stays weak below $2,350 amid risk-on mood, firmer USD

Gold price trades on a softer note below $2,350 early Monday. The recent US economic data showed that US inflationary pressures stayed firm, supporting the US Dollar at the expense of Gold price. The upbeat mood also adds to the weight on the bright metal.

Gold News

Ethereum fees drops to lowest level since October, ETH sustains above $3,200

Ethereum fees drops to lowest level since October, ETH sustains above $3,200

Ethereum’s high transaction fees has been a sticky issue for the blockchain in the past. This led to Layer 2 chains and scaling solutions developing alternatives for users looking to transact at a lower cost. 

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Week ahead: Hawkish risk as Fed and NFP on tap, Eurozone data eyed too

Week ahead: Hawkish risk as Fed and NFP on tap, Eurozone data eyed too

Fed meets on Wednesday as US inflation stays elevated. Will Friday’s jobs report bring relief or more angst for the markets? Eurozone flash GDP and CPI numbers in focus for the Euro.

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