اخبار فارکس

GBP/JPY surges to year's high, up by 0.18%, amid positive market sentiment. Expectations of a dovish Fed and resolution of the US debt-ceiling imbue strength to high beta currencies. Despite the overall upward bias, the technical outlook suggests potential downside pressure on GBP/JPY. GBP/JPY climbed to fresh year-to-date (YTD) highs at 174.68 before a pullback…

The US Bureau of Labor Statistics (BLS) reported on Friday that Nonfarm Payrolls rose 339,000 in May. This reading surpassed the market expectation of 190,000 by a wide margin. April's reading of 253,000 also got revised higher to 294,000. The Unemployment Rate climbed to 3.7% from 3.4% in the same period, while the Labor Force…

The EUR/JPY trades for a second consecutive day with gains. Cross ends week with gains, but below 150.00. Yield divergence favours the Euro. The EUR/JPY closes the week trading with gains above 149.80 as the Yen weakened across the board on Friday, against its major rivals, including the Sterling Pound, Swiss, the US and Australian…

Silver price pulls back as robust US jobs report strengthens Treasury bond yields. Expectations for a July rate hike by the Fed mount, pressuring precious metals. Resolution of US debt-ceiling drama provides potential respite for Silver. Silver price makes a U-turn following the path of Gold, as precious metals weighed by high US Treasury bond…