Back To Top

December 9, 2024

DXY Rises as Jobs Data Impacts Gold and Major Currency Outlooks

The US dollar gains momentum, climbing to $106.03 on the DXY index following robust jobs data indicating a rise of 227,000 jobs. This uptick comes amid mixed sentiment surrounding gold prices. Both GBP/USD and EUR/USD are currently holding onto essential technical levels, reflecting traders’ positions ahead of critical market movements. Observers should stay alert as the economic landscape shifts with these developments.

Prev Post

Gold Prices Consolidate While WTI Crude Oil Faces Ongoing Challenges

Next Post

GBP/USD December Outlook: Will Sterling Defy Seasonal Trends?

post-bars
Mail Icon

Newsletter

Get Every Weekly Update & Insights

[mc4wp_form id=]

Leave a Comment