A ‘Super-Thursday’ Before NFP

[kreslik.news]

This guest article was written by Ashwin Peswani who is the Regional Director of MTrading. 

In a crucial week comprising important central bank meetings and US Job details, the US dollar remained tilted to the downside as speculations concerning the presidential election, only a week away, took a recent turn against Hillary Clinton, causing negative shocks for the global markets.

However, the GBP gained on Theresa May’s latest upbeat communication and positive economics while JPY and gold extended their north-run with macro uncertainty fueling safe-haven demand.

The NZD enjoyed pleasant job figures and the AUD also remained a bit hawkish ... (read more)