The news as it happened:
US dollar move in response:
That US dollar move is extending lower, gold a huge beneficiary. But not the only one. EUR, yen, CHF all higher ampongst opthers.
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Gold, yen, EUR, CHF all continue to move higher as the US dollar gets Trump-trashed
- Trump has moved to impose his will on the Federal Reserve by firing Fed Governor Cook
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- FT: Trump is pushing for 15 – 20% minimum tariff on all EU goods. EURUSD moves lower.
- The long-term look at US labor force participation is ugly and getting worse
- US June non-farm payrolls +57K vs +110K expected
- US initial jobless claims 215K vs 220K estimate.
- Fed's Daly: In the US, there's exceedingly strong investment growth
- The USD is lower ahead of the US jobs report. What are the technical levels in play?
- Locked and loaded for non-farm payrolls: Eyes on wages
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