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USD/CHF Price Forecast: Sinks below 0.80 on weak NFP data

The USD/CHF extended its losses on Friday, tumbling below the 50-day Simple Moving Average (SMA) at 0.8020. The release of a worse than expected US Nonfarm Payrolls report, cemented the case for a Fed rate cut at the September meeting. At the time of writing, the pair trades at 0.7980, down 0.94%.
New
update2025.09.06 07:07

EUR/USD jumps to 1.1714 as weak US jobs data sinks Dollar

The EUR/USD advanced during the North American session after the latest employment report in the United Sates (US) showed the labor market is deteriorating. Consequently, investors ditched the US Dollar as the first rate cut by the Federal Reserve in 2025 looms.
New
update2025.09.06 06:05

Canadian Dollar reverse bullish momentum, backslides further on Friday

The Canadian Dollar (CAD) soured on Friday, skidding into a fifth consecutive losing day against the US Dollar (USD) after employment figures from both Canada and the United States (US) showed both countries are failing to absorb the negative impacts of US President Donald Trump's trade war with the
New
update2025.09.06 04:13

Fed's Goolsbee remains undecided on September rate decision

Federal Reserve (Fed) Bank of Chicago President Austan Goolsbee warned on Friday that while sinking employment data is typically a cause for interest rate cuts, still-high inflation data is still cause for concern, and key Fed officials may not be fully sold on a September rate cut.
New
update2025.09.06 03:45

USD/CHF plunges below 0.8000 as weak NFP boosts odds of deeper Fed cuts

The Swiss Franc (CHF) gains ground against the US Dollar (USD) on Friday, with USD/CHF sliding below the 0.8000 psychological mark to touch its lowest level since July 28.
New
update2025.09.06 03:27

Gold blasts to record $3,600 as weak NFP ignite Fed cut frenzy

Gold price rallies sharply and hits a new all-time high of $3,600 on Friday, following a soft Nonfarm Payrolls report, which raised speculation that the Federal Reserve (Fed) is ready to resume rate cuts. XAU/USD trades at $3,594, up 1.30% at the time of writing.
New
update2025.09.06 02:47

Dow Jones Industrial Average tumbles 250 points as NFP figures dip faster than expected

The Dow Jones Industrial Average (DJIA) sank on Friday, falling nearly 500 points at its lowest after United States (US) Nonfarm Payrolls (NFP) data showed the US added far fewer jobs than expected, pinning expectations of a Federal Reserve (Fed) interest rate cut on September 17.
update2025.09.06 02:37

WTI hits three-month low as OPEC+ meeting looms

West Texas Intermediate (WTI) Crude Oil is heading into the weekend under heavy pressure, extending its losing streak to a third straight day as traders brace for the Organization of the Petroleum Exporting Countries and allies (OPEC+) meeting on Sunday, September 7.
update2025.09.06 02:26

US Treasury Secretary Scott Bessent says the Fed must re-establish its credibility

United States (US) Treasury Secretary Scott Bessent warned that the Federal Reserve (Fed) must re-establish its crediblity and trust with the American people during an interview with the Wall Street Journal, published on Friday.
update2025.09.06 02:06

US: We now expect a 50bps Fed cut in September - Standard Chartered

August non-farm payrolls rose just 22k, well below the 75k consensus; three-month average is now 29k.
update2025.09.06 01:41

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