ADP Employment Report Weakest Since January As Wage-Inflation Slows
ADP's Employment report for July was disappointing, showing the addition of just 122k jobs (well below the 150k expected and down from the 155k added in June).
EUR/USD Monthly Forecast: August 2024
The end of July will come to a roaring end for the EUR/USD and other major currency pairs. The U.S Federal Reserve will deliver its FOMC decisions publicly later today and open the doors for more volatility within the EUR/USD.
EURUSD And GBPUSD: The Euro Could Rise To The 1.08500 Level
During this morning’s Asian trading session, EURUSD gained support at the 1.08100 level.
Oil Rises Amid Escalation Of Conflict In The Middle East
WTI crude prices rose to $76.2 a barrel on Wednesday, recovering from a more than 1% drop in the previous session, as rising tensions in the Middle East posed risks to oil supplies.