3 min

Dollar slides, gold shines after soft US labor market data Global Market Insights - Forex, Futures, Stocks

    • Investing

Dollar drops as jobless claims signal labor market is losing steam. Gold and stock markets climb, capitalizing on Fed rate cut bets. Sterling retreats on BoE decision, but recovers after GDP stats.Risk Warning: Our services involve a significant risk and can result in the loss of your invested capital. *T&Cs apply.Please consider our Risk Disclosure: https://www.xm.com/goto/risk/enRisk warning is correct at the time of publication and may change. Please check our Risk Disclosure...

Dollar drops as jobless claims signal labor market is losing steam. Gold and stock markets climb, capitalizing on Fed rate cut bets. Sterling retreats on BoE decision, but recovers after GDP stats.Risk Warning: Our services involve a significant risk and can result in the loss of your invested capital. *T&Cs apply.Please consider our Risk Disclosure: https://www.xm.com/goto/risk/enRisk warning is correct at the time of publication and may change. Please check our Risk Disclosure...

3 min