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Editors’ Picks
EUR/USD stabilizes near 1.0850 following NFP-inspired selloff
EUR/USD came under strong bearish pressure and declined below 1.0850 as the US Dollar gathered strength on the impressive January jobs report. With Wall Street's main indexes rebounding from daily lows, however, the pair seems to have found support.
GBP/USD falls to 1.2100, looks to post large weekly losses
GBP/USD turned south and fell toward 1.2100 after the data from the US revealed that Nonfarm Payrolls increased by 517,000 in January. Although the US Dollar Index retreated modestly in the late American session, the pair remains on track to close the week deep in the red.
USD/JPY jumps to fresh daily high, eyes 130.00 mark on mostly upbeat NFP report
The USD/JPY pair catches some bids during the early North American session and spikes to a fresh daily top, around the 129.80 region in reaction to the mostly upbeat US employment details.
Editors’ Picks
EUR/USD stabilizes near 1.0850 following NFP-inspired selloff
EUR/USD came under strong bearish pressure and declined below 1.0850 as the US Dollar gathered strength on the impressive January jobs report. With Wall Street's main indexes rebounding from daily lows, however, the pair seems to have found support.
GBP/USD falls to 1.2100, looks to post large weekly losses
GBP/USD turned south and fell toward 1.2100 after the data from the US revealed that Nonfarm Payrolls increased by 517,000 in January. Although the US Dollar Index retreated modestly in the late American session, the pair remains on track to close the week deep in the red.
Gold extends slide to fresh mutliweek lows below $1,870
Gold price extended its slide after breaking below $1,900 and touched its lowest level since January 10 below $1,870. With the US January jobs report showing an impressive 517,000 growth in NFP, the benchmark 10-year US Treasury bond yield recovered above 3.5%, weighing heavily on XAU/USD.
Assessing the possibility of Bitcoin price crash to $20,000 after US NFP rises to 517,000
The United States unemployment rate for January came in at 3.4% which is lower than forecast of 3.6%. The NFP data shows that 517,000 jobs were added in January, which is much higher than the expected 185,000.
Amazon Stock Earnings: AMZN sags 5% on AWS revenue miss
Amazon stock fell 5.1% afterhours on Thursday as the premier online retailer missed EPS overall for the quarter ending in December and saw growth in its cloud division drop to 20%.
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