Fx Primus Rebates

Gold Settles Higher As Dollar Eases After Jobs Data

Gold prices edged higher on Friday, bouncing back after two successive days of losses, as the dollar weakened a bit after data showed the U.S. economy saw a much less than expected addition in employment in September. Data released by the U.S. Labor Department revealed that non-farm payroll employment climbed by 134,000 jobs in September,…

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Dollar Losing Ground After Employment Growth Disappoints

The dollar is down against its major rivals Friday afternoon, following the release of the mixed September jobs report. Employment in the U.S. rose by much less than expected in the month of September, according to a report released by the Labor Department on Friday. The Labor Department said non-farm payroll employment climbed by 134,000…

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China Services PMI On Tap For Monday

China will on Monday see September results for the services and composite PMIs from Caixin, highlighting a light day for Asia-Pacific economic activity. Both indexes are expected to hold steady from the August readings, at 51.5 and 52.0, respectively. Australia will see September figures for job advertisements from ANZ; in August, job ads fell 0.6…

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Dollar Higher As U.S. Jobless Rate Hits 49-year Low

The U.S. dollar climbed against its most major opponents in the European session on Friday, trimming its recent losses, as the U.S. jobs data showed that the jobless rate fell to a 49-year low in September. Data from the Labor Department showed that the unemployment rate fell to 3.7 percent in September from 3.9 percent…

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Dollar Mixed Ahead Of U.S. Jobs Data

At 8:30 am ET Friday, the U.S. jobs data for September and trade data for August are due. The employment is forecast to climb by about 185,000 jobs in September after jumping by 201,000 jobs in August. Ahead of these data, the greenback traded mixed against its major opponents. While the greenback fell against the…

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Austria Wholesale Price Inflation Slows For Third Month

Austria’s wholesale price inflation eased for a third month running in September, preliminary data from Statistics Austria showed Friday. The wholesale price index rose 4.8 percent year-on-year in September, following a 5.4 percent increase in July. The rate was the slowest since April, when it was 2.9 percent. On a month-on-month basis, the wholesale prices…

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Ireland Factory Output Rebounds Strongly In August

Ireland’s manufacturing output rebounded strongly in August after falling in the previous month, at the fastest pace in nearly two years, preliminary figures from the Central Statistics Office showed on Friday. Manufacturing output grew 13.4 percent year-on-year following a 5.2 percent decline in July. The latest growth was the fastest since October 2016. On a…

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Gold Prices Rise Ahead Of US Non-farm Payrolls Data

Gold prices rose on Friday, shrugging off a firmer dollar and surging U.S. bond yields amid expectations for higher inflation, and continued rate hikes from the Federal Reserve in the coming months. Spot gold rose 0.43 percent to $1,202.36 an ounce while U.S. gold futures were up 0.35 percent at $1,205.80. The dollar edged toward…

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Croatia Retail Sales Growth Gains Momentum

Croatia’s retail sales grew at a faster rate in August, preliminary data from the Croatian Bureau of Statistics showed on Friday. Retail sales in volume terms rose a working-day adjusted 3.1 percent year-on-year following a 2.2 percent increase in July. The pace of growth was the strongest since May, when sales climbed 7.9 percent. On…

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Oil Prices Rise On Supply Worries

Oil prices rose slightly on Friday and remained on track for a fourth weekly gain on worries that global supplies will drop significantly, once U.S. sanctions target Iran’s petroleum industry from next month. Benchmark Brent crude was up 0.1 percent at $84.67 a barrel and remained on course for a gain of about 2.5 percent…