U.S Non Farm Payrolls
Yesterday the pound made a 34-pip gain against the US dollar. This was largely due to weaker than expected US jobs data which showed only 99,000 new private sector jobs instead of the expected 144,000. All eyes are now on today’s upcoming U.S Non Farm Payrolls, expected to come in at 120k. (FX.co).
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EUR/USD: Currently trading at 1.11133 the euro is slightly up by 0.02%. It’s had a 0.60% gain over the week and a steady upward trend for the month, showing a strength in the euro.
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GBP/USD: The pound is sitting at 1.31824 currently showing a 0.05% rise today. Over the month GBP/USD is up by 3.93% showing strength against the dollar amid data releses from both sides (FX.co).
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USD/JPY: The yen is trading at 142.289 down by 0.76% today. It’s seen a -2.65% drop for the week as the yen continues to benefit from its safe-haven appeal (IG)(FX.co).
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AUD/USD: The Aussie dollar has slipped 0.14% to 0.67315 reflecting weak performance and is down 0.50% for the week. Slowing global demand and commodity concerns are weighing on the Aussie.
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NZD/USD: The kiwi is holding at 0.62248 up 0.02% for the day but down 0.40% this week struggling to find momentum (FX.co).