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Australia S&P Global Services PMI came in at 51.9, above expectations (51.4) in September
Australia S&P Global Services PMI came in at 51.9, above expectations (51.4) in September
Australian Dollar drifts higher above 0.6950 on soft US jobs data
The AUD/USD pair edges higher to around 0.6955 during the earlyAsian session on Monday. Weaker-than-expected US jobs data weighs on the US Dollar (USD) against the Australian Dollar (AUD). Traders await the release of the US ISM Services Purchasing Managers Index (PMI) report later on Monday.Â
Mexican Peso rebounds but carry trade exodus still bites
The Mexican Peso (MXN) recovers some ground versus the US Dollar (USD) on Friday, gaining 0.5%, but it remains poised to end the week with a 3% loss as investors exit the 'carry trade' amid a narrowing of the interest rate differential between the US and Mexico to its lowest level since 2015.
United States CFTC Oil NC Net Positions: 109.5K vs previous 141.1K
United States CFTC Oil NC Net Positions: 109.5K vs previous 141.1K
Japan CFTC JPY NC Net Positions dipped from previous ¥72K to ¥55.4K
Japan CFTC JPY NC Net Positions dipped from previous ¥72K to ¥55.4K
United States CFTC S&P 500 NC Net Positions fell from previous $-133.2K to $-142.5K
United States CFTC S&P 500 NC Net Positions fell from previous $-133.2K to $-142.5K
United Kingdom CFTC GBP NC Net Positions declined to £-91.1K from previous £-82.6K
United Kingdom CFTC GBP NC Net Positions declined to £-91.1K from previous £-82.6K
Australia CFTC AUD NC Net Positions down to $-63.2K from previous $-46.8K
Australia CFTC AUD NC Net Positions down to $-63.2K from previous $-46.8K
Eurozone CFTC EUR NC Net Positions down to €-63.3K from previous €-52.3K
Eurozone CFTC EUR NC Net Positions down to €-63.3K from previous €-52.3K
New Zealand Dollar rebounds after sharp US employment disappointment
NZD/USD advances on Friday and trades around 0.5610 at the time of writing, up 0.12% on the day. The New Zealand Dollar (NZD) benefits mainly from the decline in the US Dollar (USD), which comes under pressure following a significantly weaker-than-expected employment report.
British Pound rebounds as NFP knocks out October Fed hike bets
The Pound Sterling (GBP) rises by over 0.41% against the US Dollar (USD) on Friday, as the US Unemployment Rate rises amid a worse-than-expected Nonfarm Payrolls report for September. At the time of writing, GBP/USD trades at 1.3250 after bouncing off daily lows beneath 1.3200.
Denmark Currency Reserves: 693.2B (September) vs previous 693.6B
Denmark Currency Reserves: 693.2B (September) vs previous 693.6B
Japanese Yen gives back post-NFP gains despite US Dollar weakness
USD/JPY trades around 157.65 on Friday at the time of writing, down 0.28% on the day. The pair briefly dropped to 156.95 following the release of the United States (US) employment report before erasing the entire move and returning to pre-release levels.