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Gold initially lifts to session highs as US unemployment picks up
The immediate reaction in gold to the slight increase in underlying US unemployment saw the metal spike to a new high on the week, at $2,376.07. It then handed back around $10 in quick succession. However it is trying to rebound again right now. The fall in US yields is pretty noticeable right now and the 2 year note is now at around 4.63% and that is supportive for more upside in gold. The metal is just now trading at $2,371.25
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EUR/USD takes out 1.0800 again
The push above 150 in the USD/JPY this afternoon has now extended and that has seen the dollar rise to around 150.25. At the same time this has added... -
S+P 500 tests correction level at 5,750 following US data
The push above 150 noted in the USD/JPY just now has come alongside further gains in the US equity space. So, it seems the service sector beat is...
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USD/JPY rises above 150 following very contrasting US PMI reports
The March US flash PMI data has just now hit the screens. The service sector reading was last at 51 and expect to be unchanged. It has risen to 54.3...
