GBP/USD rebound despite strong US NFP reports, market doubt immediately deduction
Pound Sterling (GBP) has advanced for the first time in the last four days and has been bouncing off weekly lows against the greenback, though a report of upbeat jobs in the United States (US) has reduced fear of a backward economy. However, the US (USD) dollar failed to gain land, as described by GBP/USD Trading at 1.3321, up to 0.39%. Do more …
Pound Sterling returns most of the gains against the US dollar in upbeat US NFP
Pound Sterling (GBP) is from a high day of 1.3320 against the US dollar (USD) in the North American session of Friday. The GBP/USD pair paired some of its acquired intradays while the US dollar returns after the release of Upbeat United States (US) Nonfarm Payrolls (NFP) data for April. The US dollar index (DXY), which monitors the value of the greenback against six major currencies, rebounds from the intraday of less than 99.60.Read yet …
GBP/USD posts are moderate losses below 1.3300 leading to US NFP release
The GBP/USD pair drops to close to 1.3275 at the time of Asian trading on Friday. Positive developments surrounding US-China trade conversations provide some US dollar (USD) support. Investors will monitor the US April April report later on Friday, including Nonfarm Payrolls (NFP), the unemployment rate and average -time income. Read more …
