ECB's Holzmann: I was the only one against a rate cut

European Central Bank (ECB) policymaker Robert Holzmann commented on being the only dissenter at the June monetary policy meeting.

Breaking: US Nonfarm Payrolls increase 272,000 in May vs. 185,000 expected

The United States (US) will release the May Nonfarm Payrolls (NFP) report on Friday at 12:30 GMT.

US Dollar swings higher after jaw breaking NFP performance

The US Dollar (USD) rallies on the back of upside surprise in the Nonfarm Payrolls number, which came in at 272,000, topping the highest economist estimate at 258,000. Past few days hopes for a rate cut from the US Federal Reserve were starting to

Natural Gas regains control of rally and locks in Friday's gains

Natural Gas price (XNG/USD) swings back in the green with traders brushing off the Nonfarm Payrolls print. Traders are focusing back on the short term surge in demand by Egypt that is facing energy issues over the summer. By issuing a chunky tenor,

Gold extends decline after US Nonfarm Payrolls beats expectations

Gold (XAU/USD) falls all the way back to the $2,310s on Friday after the release of US Nonfarm Payrolls (NFP) data shows the US economy added 272K jobs in May when 185K had been expected. The result was also higher than the April figure which was revised down to 165K.

US Dollar recovers ground as strong NFP figures may delay rate cuts

On Friday, the US Dollar Index (DXY) expanded its winning streak following stronger-than-forecasted labor market data.

Canadian Dollar climbs on hot Friday, but Greenback hotter after scorching NFP

The Canadian Dollar (CAD) is giving a mixed performance on Friday, climbing against the majority of its major currency peers but backsliding against the US Dollar (USD).

Dow Jones Industrial Average tries to climb, but slumps to end Friday down after NFP surge

The Dow Jones Industrial Average (DJIA) shrugged off a forecast-thumping Nonfarm Payrolls (NFP) print on Friday, climbing into a brief 0.2% gain through the US market session before slumping back to the day’s opening bids after a reactionary tumble to better-than-expected jobs additions in May.

Mexican Peso collapses as President AMLO insists on controversial reforms

The Mexican Peso sank to a new eight-month low against the Greenback on Friday after Mexican President Andres Manuel Lopez Obrador's (AMLO) comments rattled investors who continued to sell Pesos amid an uncertain outlook.

Gold dives to new monthly lows following strong US employment data

Gold prices plummeted to a four-week low after the US Bureau of Labor Statistics (BLS) revealed that the labor market remained strong, and China halted its purchase of the golden metal.