Reported 1 day ago
The dollar gained against most currencies on July 3 following a stronger than expected U.S. nonfarm payroll report, which showed an increase of 147,000 jobs in June, surpassing expectations. Despite these gains, gold prices declined due to stronger labor data potentially capping gold's recovery. Meanwhile, the euro-dollar pair saw a retreat from its four-year high, reflecting ongoing uncertainties in U.S. economic policy. The next significant economic release will be inflation data on July 15.
Source: YAHOO