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Forex news -forex broker review => Forex => Topic started by: forex4you on Jul 08, 2024, 06:58 am

Title: Gold rises sharply to six-week high on dismal US labor market data
Post by: forex4you on Jul 08, 2024, 06:58 am
Gold rises sharply to six-week high on dismal US labor market data

The Gold price rallied during the mid-North American session following the release of June's US Nonfarm Payrolls (NFP) report, which exceeded forecasts, but two previous months' downward revisions hinted that the labor market is cooling faster than the figures show.

Source: Gold rises sharply to six-week high on dismal US labor market data (https://www.fxstreet.com/news/gold-price-soars-after-weak-us-nfp-data-higher-rate-cut-bets-202407051910)