Stock markets across Asia posted strong gains after Federal Reserve Governor Christopher Waller signaled a more accommodative monetary policy stance, boosting investor sentiment ahead of the upcoming U.S. non-farm payrolls release.
The U.S. Dollar retreated against major currencies after a decline in Non-Farm Payrolls, prompting analysis for key currency pairs like EUR/USD and GBP/USD.
Currency markets are closely watching the US Dollar, with the DXY, EUR/USD, and GBP/USD pairs in focus, as investors anticipate the upcoming Non-Farm Payrolls report.
Analysts are closely watching the Federal Reserve's actions, Personal Consumption Expenditures (PCE) data, and Non-Farm Payrolls (NFP) reports to forecast the future direction of the US Dollar against major currencies like GBP/USD and EUR/USD.
The ADP Employment Report indicated that the US economy added 109,000 jobs in April, marking the biggest job additions in 15 months, ahead of the non-farm payrolls release.
UK equities gained nearly 0.7% as traders adjusted portfolios for Friday’s non-farm payrolls data, which could significantly influence global monetary policy trajectories.
Analysts are providing a price forecast for the US Dollar, with focus on the DXY, EUR/USD, and GBP/USD currency pairs, as markets anticipate the upcoming Non-Farm Payrolls (NFP) data release.
The upcoming Non-Farm Payrolls (NFP) week is expected to bring the DXY, EUR/USD, and GBP/USD currency pairs into sharp focus for US Dollar price forecasts. Traders will be closely watching economic data for market direction.
US non-farm payrolls increased by 57,000 in June, falling short of the market expectation of 113,000, while the unemployment rate improved by 0.1 percentage points to 4.2%.
A blowout US non-farm payrolls report for May has significantly reduced the likelihood of Federal Reserve interest rate cuts. The strong job growth suggests that rate cuts are now off the table for the near future.
ADP Signals Best Job Gains In Almost 4 Months, As BLS Payrolls Plunged
For the four weeks ending February 21, 2026, ADP reports that private employers added an average of 15,500 jobs a week.
Employment gains reached their highest since Thanksgiving week last year, holding steady in February after five straight weeks of strengthening.
This positive labor market signal stands in the face of last week's surprised plunge in non-farm payrolls - driven by a strike-triggered drop ...
Foreign exchange markets are closely monitoring the US dollar index as weak ADP employment figures weigh on the currency, with the upcoming NFP report set to dictate near-term EUR/USD and GBP/USD trajectories.
Gold and silver prices are expected to trade within a narrow range this week, with investors awaiting key US economic data, particularly non-farm payrolls, for Federal Reserve policy direction.