NEWS | 09/04/2025 12:15:32 GMT
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By FXStreet Team
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Editors’ Picks
EUR/USD holds steady near 1.1650 ahead of US PMI data
EUR/USD trades marginally lower on the day at around 1.1650 on Thursday. The data from the US showed that private sector payrolls rose 54,000 in August, missing the market expectation of 65,000 and helping the pair hold its ground. US ISM Services PMI data is coming up next.
GBP/USD consolidates above 1.3400 as UK gilt yields push lower
GBP/USD stays in a consolidation phase above 1.3400 on Thursday as yields on long-dated UK gilts continue to push lower, easing fears over an extended turmoil in the bond market. Market focus shifts to US ISM Services PMI data following weaker-than-expected private sector employment data.
Gold rebounds toward $3,550 after correcting from record-high
Goldcorrectedfrom the record-high it set near $3,580 but found support before testing $3,500.Growing expectations for a dovish Fed policy outlook and trade-related uncertainties help XAU/USD limit its losses as investors await August ISM Services PMI data from the US.
All eyes on NFP report as Fed rate cut bets intensify
Will August jobs report shock again? It’s almost one month ago that the July payrolls numbers generated not just considerable volatility in the markets but also a lot of controversy, as it offended President Trump’s record on the economy.
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