Forex Signals Brief for Aug 7: It's Non-Farm Payrolls Day - Forex News by FX Leaders

in hive-116221 •  4 years ago 

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US markets kept on drifting higher yesterday, doing exactly what they've been doing for some time now.

In somewhat good news, initial jobless claims did drop away for the first time, but in reality that didn't move markets all that much.

We also heard from the BOE, but as expected it was not really a market-moving event in that the outlook is improving, but still not great. So that left the GBP/USD still pushing higher, but not really outside of the range that we've seen lately.

The other key trade yesterday, was GOLD, which kept on pushing higher as we've seen recently and so far, it is showing no end in sight to this bull run.


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