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Tag Archives: Currencies

GBP/USD is holding steady around 1.2500 ahead of the UK jobs report

September 12, 2023 Jobs 0

share: GBP/USD is lower during the Asian session, although there is a lack of further selling. The US dollar is ending its retreat from a multi-month high and undermining the pair. Traders are now looking for significant momentum in the UK’s monthly employment data. The GBP/USD pair continues the previous …

Mixed signals as Aussie gives up most gains

July 20, 2023 Jobs 0

Share: AUD/USD Current Price: 0.6786 The Aussie outperformed after a positive Australian employment report. The US dollar gained momentum after US data, amid higher Treasury yields. The AUD/USD pair retreated from six-day highs, below 0.6800. The AUD/USD initially jumped towards the 0.6850 area, boosted by better-than-expected Australian employment data, but …