ForexLive Americas FX news wrap: Payrolls provide a dollar boost
Summary
By sueyangfx.com August 07, 2020 at 10:06PM Forex news for North American trading on August 7, 2020: Markets: – Gold down $32 to $2031 – WTI crude down 43-cents to $42.52 – US 10-year yields up 2.8 bps to 0.564% […]
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- Eurozone June trade balance €12.4 billion vs €9.3 billion expected
- Eurozone June industrial production -0.3% vs -0.2% m/m expected
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- Eurozone May industrial production -1.0% vs -0.3% m/m expected
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August 07, 2020 at 10:06PM
Forex news for North American trading on August 7, 2020:
Markets:
– Gold down $32 to $2031
– WTI crude down 43-cents to $42.52
– US 10-year yields up 2.8 bps to 0.564%
The July non-farm payrolls report was better than expected, even with you adjusted for some seasonal quirks. The data led to a round of US dollar gains