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Euro and Pound Hold Gains as Markets Assess the US Employment Outlook

Summary by fxopen.com
The euro and the pound continue to trade higher against the US dollar following last week's Federal Reserve meeting. As widely expected, the Fed left interest rates unchanged and reiterated that future monetary policy decisions would depend on incoming economic data. This cautious stance failed to provide fresh support for the dollar, while yesterday's weaker US labour market figures added further downward pressure. According to the latest ADP r…

4 Articles

Paris ends up slightly rising, London is falling back and Wall Street is hesitant. Investors remain cautious before the publication of the report on employment in the European Union.... Read more American employment keeps its breath on the Stock Exchanges appeared first on Le Singulier.

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fxopen.com broke the news on Thursday, August 6, 2026.
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