NFP: Some downside risks, even after strong ADP – TD Securities
US employment data released on Thursday showed better-than-expected numbers adding more expectations to Friday’s NFP.
RBA will refrain from rolling its YCC bond forward to November 2024 – NAB
While market players are more interested in the US Nonfarm Payrolls (NFP), National Australia Bank
US: Weekly Initial Jobless Claims decline to 385K vs. 395K expected
Weekly Initial Jobless Claims in the US decreased by 20,000. US Dollar Index continues to
USD/JPY sticks to decent intraday gains, around 109.75 area ahead of US data
USD/JPY maintained its bid tone through the mid-European session on Thursday. An uptick in the
US: Markit Services PMI rises to 70.4 (final) in May from 64.7 in April
US Markit Services PMI posted new series high in May. US Dollar Index continues to
US: Unit Labor Costs rise by 1.7% in Q1 vs -0.4% expected
Unit Labor Costs in US rose more than 1% in Q1. US Dollar Index stays
AUD/USD: Sluggish below 0.7700 as NFP anxiety dominates market mood
AUD/USD consolidates the biggest drop in three weeks. Australia’s Home Loans slumped to -0.6%, Investment
USD/JPY Price Analysis: Bulls eye 110.50 round number, depending on supports
USD/JPY bears taking up the bate as the price stalls below the 110.50 round figure
GBP/USD Price Analysis: Poised for further losses towards 1.4000
GBP/USD defends 1.4100 threshold after the heaviest drop in 12 days. Downside break of 21-day
AUD/JPY Price Analysis: Bears challenge multi-month support near 84.40
AUD/JPY inches lower in the Asian session. More downside envisioned if price decisively breaks 84.30.