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NZD/USD Price Analysis: Bullish momentum picks up, buyers rejected at the 100-day SMA
At the end of the week, the NZD/USD rallied to around 0.6050, up by 0.80%.
EUR/USD breaks above recent congestion as US NFP miss drives down Greenback
EUR/USD drove into a fresh weekly high on Friday, breaking above recent congestion after a broad miss in US Nonfarm Payrolls (NFP) labor and wages figures that reignited broad-market hopes for an accelerated path towards Federal Reserve (Fed) rate cuts.
USD/NOK dives on weak NFP figures from April
The USD/NOK pair is trading at 10.861, exhibiting a decline of 1.19% on Friday's session.
GBP/JPY flounders near 192.00 after suspected BoJ interventions flatten markets
GBP/JPY is trading flat near the 192.00 handle after the Bank of Japan (BoJ) is suspected of directly intervening in FX markets to prop up the battered Japanese Yen (JPY) twice in two days earlier this week.
USD/JPY Price Analysis: Bears charge helped by intervention rumors, eye 152.00
The USD/JPY dropped for the third straight day and accumulated losses of more than 3.40% in the week after a suspected intervention by the Bank of Japan (BoJ) on Monday.
EUR/JPY Price Analysis: Bearish indications dominate and sellers consolidate below the 20-day SMA
The EUR/JPY pair declined to 164.72 on Friday, reflecting subtle bears' influence with daily losses.
Dow Jones Industrial Average climbs over 400 points on volatile NFP Friday
The Dow Jones Industrial Average (DJIA) climbed 1.15% on Friday after a broad miss from US Nonfarm Payrolls (NFP) and other key labor data revealed a steep weakening in the US domestic economy, sparking increased bets of rate cuts from the Federal Reserve.
Mexican Peso struggles as US economic data fuels Fed rate cut speculation
The Mexican Peso failed to hold to earlier gains versus the US Dollar on Friday after a softer-than-expected employment report in the United States (US) reignited speculation that the Federal Reserve (Fed) might lower interest rates as the jobs market weakened.
Fed's Bowman: Still sees upside inflation risks, willing to raise rates if progress stalls
Federal Reserve (Fed) Board of Governors member Michelle W.
Forecasting the Coming Week: Fedspeak and the BoE meeting come to the fore
Another dreadful week for the Greenback saw the USD Index (DXY) tumble to three-week lows well south of the 105.00 support, mainly in response to the dovish tone at the FOMC event and the softer-than-expected Nonfarm Payrolls in April.
US Dollar suffers from weak NFPs, hopes of sooner rate cuts rise
The US Dollar Index (DXY) is visiting the 105 level with sharp losses at the end of the trading week.
Canadian Dollar tumbles after US NFP drives markets
The Canadian Dollar (CAD) fell across the board on Friday after US Nonfarm Payrolls (NFP) and wage data gave a wide miss on forecasts, sending the Canadian Dollar into the low end after an early spark.
GBP/USD Price Analysis: Bears in charge as 'shooting star' looms
The Pound Sterling holds to gains versus the US Dollar yet retraced from three-week highs reached at 1.2634 following a softer than expected US Nonfarm Payrolls report.
Fed's Goolsbee: Current employment numbers are solid
Commenting on April labor market data, Federal Reserve Bank of Chicago President Austan Goolsbee told Bloomberg TV that it was a solid report with 175,000 new jobs.
US ISM Services PMI drops to 49.4 in April vs. 52.0 expected
Business activity in the US service sector contracted in April, with the ISM Services PMI edging lower to 49.4 from 51.4.
Dollar Index Price Forecast: DXY falling within channel
The US Dollar Index price (DXY) is declining within a multi-month long rising channel after touching the top borderline and rolling over.
Natural Gas kicks back above $2.15 in bullish reversal
Natural Gas (XNG/USD) prices are heading higher for a second consecutive day driven by a pickup in demand from the Middle East and some North African countries.
EUR/GBP consolidates around 0.8550, downside likely on firm ECB rate cut bets
The EUR/GBP pair trades inside Thursday's trading range in Friday's European session.
EUR/GBP Price Analysis: Climbing higher within its range
EUR/GBP price is rising up within a multi-month range after bouncing off support at the lows.
USD/JPY extends losses for third consecutive session towards crucial support
The Japanese Yen (JPY) is set to book one of its best weeks in history against the US Dollar. Since last Friday, a string of (un)confirmed interventions have pushed the USD/JPY pair from roughly 160.00 to
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