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Why Dow Inc. (DOW) fell more than broader market
Dow Inc. (DOW) closed the most recent trading day at $23.45, moving -2.17% from the previous trading session. This move lagged the S&P 500's daily loss of 0.16%. Meanwhile, the Dow experienced a drop of 0.09%, and the technology-dominated Nasdaq saw a decrease of 0.59%.
GBP/JPY rebounds from over one-week low, back above 207.00 after UK jobs data
The GBB/JPY cross prolongs its recent pullback from the 209.00 neighborhood or the highest level since August 2008, touched last week, and drifts lower for the fourth straight day on Tuesday.
EUR/GBP trims gains below 0.8800 after UK labor market report
The EUR/GBP cross pares gains near 0.8785 during the early European session on Tuesday. The Pound Sterling (GBP) recovers some lost ground against the Euro (EUR) after the UK employment data.
UK Unemployment Rate ticks up to 5.1% in the quarter to October, as expected
The United Kingdom’s (UK) ILO Unemployment Rate rose to 5.1% in the three months to October after reporting 5% in the quarter to September, data published by the Office for National Statistics (ONS) showed on Tuesday.
United Kingdom Claimant Count Rate unchanged at 4.4% in November
United Kingdom Claimant Count Rate unchanged at 4.4% in November
United Kingdom Average Earnings Excluding Bonus (3Mo/Yr) registered at 4.6% above expectations (4.5%) in October
United Kingdom Average Earnings Excluding Bonus (3Mo/Yr) registered at 4.6% above expectations (4.5%) in October
United Kingdom Average Earnings Including Bonus (3Mo/Yr) came in at 4.7%, above forecasts (4.4%) in October
United Kingdom Average Earnings Including Bonus (3Mo/Yr) came in at 4.7%, above forecasts (4.4%) in October
United Kingdom ILO Unemployment Rate (3M) in line with expectations (5.1%) in October
United Kingdom ILO Unemployment Rate (3M) in line with expectations (5.1%) in October
United Kingdom Employment Change (3M): -17K (October) vs -22K
United Kingdom Employment Change (3M): -17K (October) vs -22K
United Kingdom Claimant Count Change below expectations (22.3K) in November: Actual (20.1K)
United Kingdom Claimant Count Change below expectations (22.3K) in November: Actual (20.1K)
AUD/USD Price Forecast: Recovers a few pips from 0.6620-0.6615 resistance-turned-support
The AUD/USD pair prolongs last week's retracement slide from a nearly three-month peak, around the 0.6685 region, and drifts lower for the fourth straight day on Tuesday.
USD/CHF trades calmly near 0.7960 in countdown to US NFP
The USD/CHF pair trades stably around 0.7960 during the early European trading session on Tuesday. The Swiss Franc pair remains calm as investors await the United States (US) Nonfarm Payrolls (NFP) report for October and November, which will be published at 13:30 GMT.
Gold retreats from seven week highs on profit-taking, all eyes on US NFP release
Gold price (XAU/USD) loses momentum below $4,300 during the early European trading hours on Tuesday, pressured by some profit-taking and weak long liquidation from the shorter-term futures traders. Furthermore, optimism around Ukraine peace talks could weigh on the safe-haven asset like Gold.
Forex Today: US Nonfarm Payrolls data to ramp up volatility
Here is what you need to know on Tuesday, December 16:
Pound Sterling Price News and Forecast: GBP/USD trades in red ahead of the UK labor market data
The UK Office for National Statistics (ONS) will publish its labor market report at 07.00 GMT. The UK ILO Unemployment Rate is expected to rise to 5.1% in October from 5.0% in September. Employment Change arrived at -22K in September.
US Dollar Index softens below 98.50 ahead of US NFP data
The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, trades on a negative note near 98.25 during the early European trading hours on Tuesday.
Saudi Arabia Gold price today: Gold falls, according to FXStreet data
Gold prices fell in Saudi Arabia on Tuesday, according to data compiled by FXStreet.
Philippines Gold price today: Gold falls, according to FXStreet data
Gold prices fell in Philippines on Tuesday, according to data compiled by FXStreet.
India HSBC Services PMI: 59.1 (December) vs previous 59.8
India HSBC Services PMI: 59.1 (December) vs previous 59.8
India HSBC Manufacturing PMI fell from previous 56.6 to 55.7 in December
India HSBC Manufacturing PMI fell from previous 56.6 to 55.7 in December
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