nonfarm payrolls

Gold hits three-week highs as best week since January nears 7% gain

Gold resumed its bullish advance on Friday, climbing above $4,300 an ounce to reach its highest level since mid-June, capping what is shaping up to be its strongest weekly performance since January with gains approaching 7%. The move marks the…

Yen jumps after U.S. payrolls unexpectedly turn negative in July

The Japanese yen jumped as much as 1.1% against the dollar on Friday, falling to 156.68 per dollar, after a surprisingly weak U.S. July employment report rattled markets and accelerated expectations for Federal Reserve rate cuts. The move came just…

Markets on edge ahead of July jobs report amid Fed hike bets

Global markets adopted a cautious posture on Friday as investors awaited the US July Nonfarm Payrolls report, a release expected to shape expectations for the Federal Reserve's next interest rate decision amid persistent inflation concerns tied to the Iran conflict…

Dollar rises on Iran deal doubts ahead of US jobs report

The US dollar strengthened against the yen and euro on Friday, extending gains from the previous session as growing skepticism over an Iran peace deal boosted safe-haven demand ahead of a closely watched US employment report.

Dollar hovers near 7-week low as weak data, Mideast talks precede payrolls

The US Dollar Index hovered around 99.7 on Thursday, lingering near its lowest level in several weeks as traders adopted a cautious stance ahead of Friday's nonfarm payrolls report. Softer-than-expected employment and services data from Wednesday reinforced a bearish undertone,…

Silver surges past $61 as weak June jobs report dims Fed rate hike bets

Silver prices rallied sharply on Thursday after the US economy added far fewer jobs than expected in June, weakening the dollar and reducing bets that the Federal Reserve will raise interest rates in September. The precious metal climbed above $61…