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GBP/USD slides closer to mid-1.3200s, downside seems limited ahead of BoE this week

The GBP/USD pair struggles to capitalize on Friday's solid bounce from the 1.3140 area, or its lowest level since May 12, and kicks off the new week on a softer note.

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Canadian official says Carney and Trump to speak in the coming days - Reuters

A Canadian official said on Sunday that Canadian Prime Minister Mark Carney and US President Donald Trump will likely talk "over the next number of days" after the US imposed a 35% tariff on goods not covered by the US-Mexico-Canada trade agreement, Reuters reported on Sunday. 

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Gold Price Forecast: XAU/USD loses ground to near $3,350, weaker US jobs data might cap downside

The Gold price (XAU/USD) edges lower to around $3,360, snapping the two-day winning streak during the early Asian session on Monday. Nonetheless, weak US job data and tariff fears might weigh on the US Dollar (USD) and help limit the USD-denominated commodity's losses. 

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OPEC+ agrees to boost oil production by 548K bpd for September, as expected

The Organization of Petroleum Exporting Countries and its allies (OPEC+) on Sunday announced plans to boost oil production by 547,000 barrels per day (bps) for September as concerns mount over potential supply disruptions linked to Russia, Bloomberg reported on Sunday. 

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AUD/USD weakens to near 0.6450 despite weaker US NFP data

The AUD/USD pair trades on a negative note around 0.6465 during the early Asian session on Monday, pressured by a modest rebound in the US Dollar (USD).

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USD/JPY Price Forecast: Slides over 2% on weak US data, tumbles below 147.50

The USD/JPY is set to end the week with losses of 0.18% after a worse-than-expected employment report in the United States (US) opened the gates for safe-haven demand, pushing the Japanese Yen higher.

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EUR/USD skyrockets as US jobs data triggers Fed rate cut bets

The EUR/USD surges more than 1% on Friday as the Greenback gets battered on a worse-than-expected jobs report in the United States (US), which triggered investors' reaction to price in two interest rate cuts by the Federal Reserve (Fed).

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Canadian Dollar snaps losing streak on volatile NFP Friday

The Canadian Dollar (CAD) came out on top after a messy US Nonfarm Payrolls (NFP) release shattered global positioning in the US Dollar (USD) on Friday.

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WTI retreats from $70 peak, tests key support as geopolitical tensions escalate

West Texas Intermediate (WTI) Crude Oil is under pressure heading into the weekend, with the price sliding over 3% on Friday to trade near $66.70, pulling back from its highest level near $70 since June 23, reached on Wednesday.

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Gold soars as dismal US NFP data and Russia tensions spark safe-haven demand

Gold price rallies more than 1.50% on Friday following the release of a dismal Nonfarm Payrolls (NFP) report in the United States (US), which showed the jobs market is cooling faster than expected.

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AUD/USD slips despite soft NFP as RBA rate cut bets keep Aussie pressured

The Australian Dollar (AUD) remains under pressure against the US Dollar (USD) on Friday, giving back most of its earlier gains despite broad weakness in the Greenback following a disappointing Nonfarm Payrolls (NFP) data.

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Dow Jones Industrial Average tries to recover from NFP plunge

The Dow Jones Industrial Average (DJIA) plummeted almost 2% top-to-bottom on Friday, falling over 800 points from Thursday's closing bids at its lowest point.

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USD/JPY drops below 150 after soft US jobs data - Rabobank

For a number of hours leading to the softer than expected US July labour report, USD/JPY was back to trading above the 150.00 level for the first time since early April, Rabobank's FX analyst Jane Foley reports.

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Silver rebounds after weak US jobs report fuels Fed rate cut speculation

Silver (XAG/USD) reverses early losses on Friday and climbs back above the $36.50 mark, buoyed by a broad-based sell-off in the US Dollar (USD) after the latest Nonfarm Payrolls (NFP) report surprised to the downside.

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Fed's Bostic admits Fed is in a "difficult environment" as jobs data flashes warning signs

Federal Reserve (Fed) Bank of Atlanta President Raphael Bostic noted on Friday that the latest round of US Nonfarm Payrolls (NFP) jobs data, including revisions, is certainly cause for rate conversation at the Fed, but inflation metrics are still an ingoing concern, especially as the Trump administr

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EUR/GBP soars to 0.8710 as US jobs disappoint, BoE rate cut in focus

The EUR/GBP rallied sharply on Friday as the Bank of England's (BoE's) next week's monetary policy decision looms, and a worse-than-expected Nonfarm Payrolls report in the United States (US), sparked talks about a possible "stagflation" scenario in the US.

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NZD/USD bounces from two-month low as soft NFP data triggers US Dollar sell-off

The New Zealand Dollar (NZD) recovers from a two-month low on Friday as the US Dollar (USD) weakens broadly following a disappointing July Nonfarm Payrolls (NFP) report.

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Fed's Hammack: Job market is still healthy and in balance but should be watched

In an interview with Bloomberg TV on Friday, Federal Reserve Bank of Cleveland President Beth Hammack noted that the July jobs data was disappointing, per Reuters.

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Swiss Franc strengthens as USD stumbles on NFP shock

The Swiss Franc (CHF) strengthens against the US Dollar (USD) on Friday as the Greenback comes under heavy pressure following the release of the July Nonfarm Payrolls (NFP) report.

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US ISM Manufacturing PMI fell to 48.0 in July

In July, the US manufacturing sector's economy lost some momentum. The ISM Manufacturing PMI dropped from 49.0 in June to 48.0, which was also lower than analysts' predictions of 49.5.

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