Gold is trading at $1693.70 per ounce at the time of writing versus Thursday’s closing price at $1711.75. So, the gold market tends to be at risk despite its sudden recovery above $1,700 an ounce during the week. Gold failed to hold the $1700 level for long. Analysts point to …

US government-bond yields rose Friday morning after fresh labuor market related data for September showed slight opportunity of any serious economic slowdown. Treasury yields spiked, with the benchmark 10-year note topping 3.8% and the rate-sensitive 2-year yield at nearly 4.3%.The Labour Department’s latest data showed the unemployment rate dropping to …

US stocks fell on Friday as Wall Street weighed the government’s monthly employment report, which revealed how labour conditions remained tight in September, despite a slowdown in hiring; a sign the Fed will proceed with aggressive monetary tightening.The US economy added 263,000 jobs last month as the unemployment rate fell …

After the release of the US monthly employment data, the US dollar rallied, pushing GBP/USD down to an intraday low of 1.1089. US stocks were holding on to pre-opening losses without extending their slumps. Some profit-taking ahead of the weekend has helped major pairs to bounce, but that is not …

The crypto market settled in the red territory on Friday, with Bitcoin heading the downtrend of the $20,000 mark again as analysts eye further rate hikes in light of the strong NFP data.October is usually a positive season for Bitcoin’s price movements, however, as the first full week of the …

The EUR/USD pair sharply fell with the initial market reaction to US NFP data that rose by 263K in September.The pair is on track to end the week with a little change. The pair has also managed to erase a large portion of its daily losses but lost its recovery …

US employment gain, for September, was not so far rfrom expectations. NFP should be broadly neutral for the USD at this time, in the opinion of economists.Friday’s data will do much to impact the US dollar’s performance. At a minimum, markets will likely have to wait until the upcoming CPI …

The EUR/USD pair trades just below the 0.9800 figure, as worse-than-anticipated EU data added pressure on the Euro. Across the Atlantic, the US dollar recovered its positive momentum and closed Thursday with gains against most major rival currencies. The shy tone of global equities and soaring US Treasury yields enriched …

As risk sentiment is still negative and the US dollar index (DXY) has not displayed any sign of exhaustion in the uptrend, consequently, the downside momentum in the EUR/USD could resume sooner.The EUR/USD is attempting to rebound from below 0.9800, while downside seems to be favored. The Dollar Index, DXY, …

The price of gold returns back to flat on the day in what has been a correction of this week’s rally into daily resistance near $1,730. The price fell from a high of $1,725.60 to a low of $1,706.95 but held above the prior day’s lows despite firmer US yields …