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GBP/USD Eases Against The Greenback

Published 05/15/2014, 12:53 AM
Updated 04/25/2018, 04:40 AM
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EUR/USD stays powerless at 1.3708. However, it included 7 focuses today, as it appears to be practically an assurance that the ECB will present a jolt bundle in its June session.

GBP/USD eased against the greenback today after jobs data was released. Unemployment fell to 6.8% as expected but less people fell off the roles that expected. The pound is trading at 1.6768 down by 57 points after the Bank of England inflation report.

AUD/USD is trading at 0.9394 adding 36 points this morning as sentiment shifted and the US dollar eased from its high on Tuesday. Australia’s dollar was 0.2 percent from this month’s high amid steady monetary policy expectations, even after officials flagged spending cuts in yesterday’s budget.

USD/JPY declined by 10 pips as the greenback eased off its high on Tuesday. The greenback soared as sentiment shifted and equities hit record highs. The US dollar climbed to trade above 80.20 the previous day.

Gold is trading at 1305.80 climbing over $10 today as tensions in the Ukraine escalated once again, as it seems the President Putin will consider annexing part of the Ukraine in the summer unless serious negotiations take place between Moscow and Kiev. Gold prices are moderately higher in early U.S. trading today

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