Blogs

In Thursday's session, the EUR/GBP rose to 0.8545, showing a 0.25% gain.

The US Bureau of Labor Statistics (BLS) will release the January jobs report on Friday, February 2 at 13:30 GMT and as we get closer to the release time, here are the forecasts by the economists and researchers of 10 major banks regarding the upcoming employment data.

Despite the impulse of the Federal Reserve (Fed) and the Bank of England (BoE) meetings, GBP/USD is currently trading very little changed from its levels 24 hours ago.

Economists at CIBC Capital Markets expect the Canadian Dollar (CAD) to depreciate in the coming weeks before staging a comeback.

United States EIA Natural Gas Storage Change registered at -197B, below expectations (-194B) in January 26

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The EUR/USD trims some losses, though it remains virtually unchanged after the US Federal Reserve (Fed) decided to hold rates unchanged and shrugged off market bets to cut rates in March.

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The FOMC kept rates on hold at 5.25%-5.50% for a fourth consecutive meeting in January.

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