Dollar Takes a Breather as Hits New High! – Orbex Forex Trading Blog

In this episode of Market Insights, Gary Thomson unpacks the strategic implications of the week’s most critical events driving global markets. 👉 Key topics covered in this episode: UK retail sales data on 5 September could spark GBP volatility. June figures showed a rebound but missed forecasts. Another weak print may pressure the pound. Will…

The Japanese yen is steady on Monday. In the European session, USD/JPY is trading at 147.72, up 0.09% on the day. On Friday, the yen soared 2.2%, its best one-day showing since April. US nonfarm payrolls misses forecast The week ended with a softer-than-expected US employment report. Nonfarm payrolls for July rose by only 73…

By RoboForex Analytical Department The GBP/USD pair advanced decisively to 1.3338, marking its highest level since late October. Sterling found support from an upward revision of the UK’s November Services PMI, while the US dollar remained under broad pressure ahead of an anticipated Federal Reserve rate cut next week. The UK Services PMI rose to…

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