Tag Archives: fx

7 Aug: Good US jobs data, Friday, allows the dollar a reprieve. Australian Job Ads, EU Sentix coming up today.

  The US$ recovered some of its recent lost ground on Friday following the release of the US Jobs data, showing that the July non-farm payroll  grew by 209k, above expectation of 180k, while the previous month’s figure was revised up to 231k, from 222k. The headline unemployment rate dropped by 0.1% to 4.3%, a 16 year low.… Read More »

4 Aug: Gbp lower on dovish BOE outlook. US jobs today’s focus. Australian Retail Sales and MP Statement coming up.

  The main mover on Thursday was Sterling, which fell sharply after the BoE left monetary policy unchanged at 0.25% , as widely expected, and the asset purchase target at GBP 435 bio. The interest rate decision came with the MPC voting by 6-2 to leave rates on hold, also as generally expected. The dovish forward outlook is… Read More »