GBP/USD Weekly Forecast: Strong US Jobs Weighing on Sterling

BY admin admin

<p>The dollar was generally weaker as investors awaited the US nonfarm payrolls report. An increase in nonfarm payrolls pointed to a still robust labor market. The US unemployment rate rose, indicating some softness in the labor market. The GBP/USD weekly forecast carries a mild bearish bias, primarily due to the enduring strength of the US…</p>
<p>The post <a rel="nofollow" href="https://www.forexcrunch.com/gbp-usd-weekly-forecast-strong-us-jobs-weighing-on-sterling/">GBP/USD Weekly Forecast: Strong US Jobs Weighing on Sterling</a> appeared first on <a rel="nofollow" href="https://www.forexcrunch.com">Forex Crunch</a>.</p>

Leave a Comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Posts

Forex

European equities show a softer tone at the open

<ul><li>Eurostoxx -0.3%</li><li>Germany DAX -0.2%</li><li>France CAC 40 -0.4%</li><li>UK FTSE -0.3%</li><li>Spain IBEX +0.2%</li><l

Forex

Ethereum Price Predictions: 2021 and Beyond

Various cryptos are trying to overthrow ETH. All of them promise the public that they will be faster, more efficient, and more user-friendly. None, however, come close to the popularity of Ethereum. T

Forex

Jaw-Dropping Canada GDP Declines in March/April

<p>GDP declined 7.2% in March and 8.2% (annualized rate) in Q1 Advance April GDP estimate at -11% Two-month drop 3 1/2 times cumulative GDP decline in 2008/09 Better news expected going forward

Copyright © 2024 | WordPress Theme: Xews Lite