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EUR/USD spikes towards 1.0875 after US jobs report misses badly on expectations
The eagerly awaited US July monthly jobs report has just been released and it was not good. Non-farm payrolls were forecast to rise by 175k. They have actually risen by just 114k. The underlying rate of unemployment has risen to 4.3% The dollar versus Europe was already losing ground leading into this data. The EUR/USD and GBP/USD were close to session highs. The impact of this data has sent them both charging higher. The EUR/USD is right now spiking towards 1.0875 on this news
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EUR/USD rebounds into the 4pm London fix after Bundestag passes fiscal reform bill
The EUR/USD is on the rebound again just now. The gains come after it had earlier fallen to 1.0893. Subsequent to that fall the German Bundestag... -
US stock markets open lower this afternoon- check out the S+P 500 futures
The US stock markets have just reopened and it has been an across the board lower start to the session. The Nasdaq 100 has just kicked off at 19,657...
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Gold rises above technical resistance to set a new record high this afternoon
Since the last update here on Gold, the metal has now tested and taken out the noted trend line resistance level, in place around $3,029 per ounce...
