Strong labor market dismisses the idea of a current recession. FED officials suggest interest rates can remain high for some time

GBP Suffers on the BoE’s Bleak Outlook

The index is on course for its third week of gains as investors await US payroll data for clues on Fed rate hikes.

The US economy created 528,000 new jobs in July, beating expectations by a wide margin and signaling that the labor market remains strong and that recession fears may be overblown.

AUD trades weaker in the midst of global recessionary fears, while markets await U.S. NFP data later today.

USD/CAD finds support from softer oil prices. Eyes on jobs report

It’s been a lean time for cryptocurrency traders of late with little in the way of strong trends and price action to trade. This may be about to change.

EUR/USD approached a major level of resistance ahead of NFP data later today – highlighting the recent trading range