4 min listen
Dollar slides, gold shines after soft US labor market data
Dollar slides, gold shines after soft US labor market data
ratings:
Length:
4 minutes
Released:
May 10, 2024
Format:
Podcast episode
Description
Dollar drops as jobless claims signal labor market is losing steam. Gold and stock markets climb, capitalizing on Fed rate cut bets. Sterling retreats on BoE decision, but recovers after GDP stats.Risk Warning: Our services involve a significant risk and can result in the loss of your invested capital. *T&Cs apply.Please consider our Risk Disclosure: https://www.xm.com/goto/risk/enRisk warning is correct at the time of publication and may change. Please check our Risk Disclosure for an up to date risk warningReceive your daily market and forex news analysis directly from experienced forex and market news analysts! Tune in here to stay updated on a daily basis: https://www.xm.com/weekly-forex-review-and-outlookIn-depth forex news analysis on all major currencies, such as EUR/USD, USD/JPY, GBP/USD, USD/CHF, USD/CAD, AUD/USD.
Released:
May 10, 2024
Format:
Podcast episode
Titles in the series (100)
Stock sell off eases, dollar pulls back as markets calm slightly by Global Market Insights - Forex, Futures, Stocks