Geopolitical risks in the Strait of Hormuz drive demand for the euro despite robust US employment figures limiting Fed rate cut expectations. EUR/USD climbed to 1.1775 during the North American session, reversing earlier losses as escalating tensions in the Middle East too
Geopolitical risks in the Strait of Hormuz lift the euro despite April’s US payrolls beating forecasts of 62K with 115K jobs added. EUR/USD climbed 0.44% to 1.1775 as escalating tensions in the Strait of Hormuz outweighed a robust US jobs report. The pair gained despite so
Silver Price Forecast: XAG/USD rallies on strong US jobs report, weaker Dollar Silver (XAG/USD) trades around $80.70 on Friday at the time of writing, up 2.98% on the day, supported by a weaker US Dollar (USD) and persistent demand for safe-haven assets amid heightened...
XAG/USD jumps nearly 3% after April payrolls beat forecasts but wage growth misses expectations, weighing on the Dollar. Silver prices climbed to $80.70, rising 2.98% on Friday, driven by a weaker US Dollar and safe-haven demand amid geopolitical risks. The rally follows a
April US jobs data showed 115K additions, beating forecasts, while softer wage growth weighed on the USD. The AUD/USD pair climbed above 0.7240 on Friday, driven by a mix of softer US wage growth and heightened Middle East tensions. US Nonfarm Payrolls rose by 115K in Apri
April employment in Canada fell by 17.7K, missing forecasts and pushing the unemployment rate to 6.9%, pressuring the CAD. USD/CAD climbed to 1.3694 on Friday after Canadian employment data undershot expectations. The economy shed 17.7K jobs in April, defying forecasts for
Polestar recorded a wider first quarter loss in 2026, with tariffs, pricing pressure and currency movements dragging margins into negative territory despite the electric vehicle maker achieving record retail volumes. The EV manufacturer posted a net loss of $383m for the t
Xeriant introduced NexPatch™ as a companion product for NEXBOARD™, aiming to extend fire protection performance across wall joints, seams, and repairs. Key Investor Takeaways - Xeriant, Inc. (USOTC:XERI) launched NexPatch™, a proprietary fire-resistant joint compound desig
USD reaction modest despite strong US payrolls The US Dollar had a modest reaction to stronger than expected payrolls, as markets focus on inflation. The Federal Reserve's path for the year is now tied to the energy shock's pass-through to core prices. Choppy USD
The retailer’s pre-tax profit fell 7.7% to £852m despite strong sales growth driven by acquisitions and apparel demand. JD Sports reported a 10.5% increase in revenue to £12.66bn for the fiscal year ended 31 January 2026, supported by acquisitions and regional growth outsi
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