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Forexlive Americas FX news wrap 4Oct:US jobs report is strong. USD, yields and stocks rise
The US September jobs report today exceeded expectations, with non-farm payrolls increasing by 254K compared to the 140K anticipated. The unemployment rate fell slightly to 4.1%, nearly reaching 4.0%, and…
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USD/INR softens ahead of Indian PMI, US NFP data
Indian Rupee holds positive ground in Friday’s Asian session. Higher crude oil prices and Foreign Portfolio Investors (FPI) outflows weigh on the INR. Investors await the HSBC India Services PMI…
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Nomura urge a 'more sober assessment' on China stimulus rally
Hong Kong's Hang Seng index is down 3% on the session so far, pulling back after its blistering rally in the wake of stimulus announcement s from China last week.…
Gold remains close to record high amid fears of full-out war in Middle East
Gold price attracted some haven flows on Tuesday amid rising tensions in the Middle East. Reduced bets for aggressive Fed rate cuts and stronger USD capped gains for the XAU/USD. …