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Trump administration asks Supreme Court to reinstate full travel ban – BBG TV

Headlines crossed the wires earlier today, via Bloomberg TV, citing that the Trump administration asked Supreme Court to reinstate full travel ban.

No further details have been provided on the same.

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Dhwani Mehta

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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GBP/USD holds gains near 1.3300, NFP data eyed

GBP/USD gains traction to near 1.3300 in the European session on Thursday. The British Pound strengthens against the US Dollar as the UK's likely next Prime Minister, Andy Burnham, has eased market concerns by pledging strict fiscal discipline. The US Nonfarm Payrolls data for June will take center stage later on Thursday.


EUR/USD grinds higher toward 1.1400 ahead of US NFP

EUR/USD ticks higher toward 1.1400 in the early European trading hours on Thursday. However, the pair lacks bullish conviction as traders eagerly await the release of the crucial US Nonfarm Payrolls report for a fresh directional impetus.

Gold extends gains on weaker USD; limited upside potential amid Fed bets, ahead of US NFP

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Ripple and Stellar build on recovery as traders turn cautiously bullish

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Nonfarm Payrolls set to grow by over 100K in June, reinforcing bets of upcoming Fed rate hikes

The United States Bureau of Labor Statistics will release the Nonfarm Payrolls data for June on Thursday at 12:30 GMT. Investors expect NFP to rise by 110K following three consecutive months of surprisingly strong increases. Investors are pricing in a hawkish Federal Reserve policy outlook with the new Chairman Kevin Warsh at the helm.

Kevin Warsh offers no policy clues: Why markets still got their answer

Financial markets came to Sintra looking for clues about the Federal Reserve's (Fed) next move. They largely left with confirmation that Fed Chair Kevin Warsh intends to make those clues much harder to find.