fxstreet.com 08 Feb, 2021 03:00 am

Dollar falls broadly as surprise downbeat U.S. jobs data trigger profit taking

Dollar falls broadly as surprise downbeat U.S. jobs data trigger profit taking Despite continuing its recent winning ...

Data to be released this week : New Zealand market holiday, Japan current account, trade balance, Economy Watchers outlook, Economy Watchers current, Swiss unemployment rate, Germany industrial output, EU Sentix index, and Canada leading index on Monday.UK BRC retail sales, Australia NAB business conditions, NAB business confidence, New Zealand inflation forecast, Germany exports, imports, trade balance, current account, Italy industrial output, and U.New Zealand retail sales, Japan market holiday, China market holiday, UK RICS housing price balance, and U.New Zealand manufacturing PMI, food price index, UK GDP, industrial output, manufacturing output, construction output, GDP, NIESR GDP estimate, Swiss CPI, EU industrial production, Canada wholesale trade, and U.

Australia Westpac consumer sentiment, Japan corporate goods price index, China PPI, CPI, Germany CPI, HICP, France industrial output, and U.76 at New York open due to rally in U.

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Dollar falls broadly as surprise downbeat U.S. jobs data trigger profit taking

Dollar gains as euro and sterling continues to fall

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Tuesday’s doji probes DXY bulls near two-month top

Wavers around one-year top amid overbought RSI

Stellar will host top stablecoin while prices prepare for liftoff

XRP bears battle 100-day SMA on the way to yearly support line

4H shows a falling wedge pattern

ONT utility expands setting the stage for a 230% bull rally

GBP/USD eases below 1.3700 amid Brexit chatters, eyes UK Services PMI

The world’s second-largest economy showed robust GDP growth in the fourth quarter of 2020

Progress on US stimulus is key to another move higher

Investors cheer stimulus and vaccine hopes, Nonfarm Payrolls hints eyed

Stronger dollar amid positive market sentiment is unusual

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Unemployment rate should continue to decline in 2021 – CE

DOGE’s future is defined by two crucial price levels

Reddit-fuelled trades of last week sees astonishing rallies plummeting once again – Deutsche Bank

XAU/USD’s path of least resistance appears down – Confluence Detector

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XAU/USD to retest Tuesday's low at $1830

XRP price may suffer another 25% downswing unless it regains crucial support

Microsoft (MSFT Stock) bullish uptrend expecting small dip to 38.2% Fibonacci

Tight CBRT policy is important for sustaining a stronger lira – MUFG

XAU/USD hangs near two-week lows, below $1835 level

UK asks EU for Brexit grace period extension to 2023 – BBC

EUR/USD remains weaker, approaches 1.2000

NZD/USD surrenders a major part of intraday gains, drifts below 0.7200 mark

America's stimulus package to weigh on the cable

Next relevant target for bears is pegged near 1.1930 area

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EUR/GBP to extend the downfall towards 0.8609 – Credit Suisse

Low real interest rates are here to stay, supporting XAU/USD – ANZ

Eurozone Preliminary CPI spikes to 0.9% YoY in January vs. 0.5% expected

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XAU/USD rebounds on US stimulus progress but not out of the woods yet

DOGE at risk of a 60% downswing if vital support fails to hold

ETH bulls catch a breather above $1,500, three-week-old rising channel in focus

Kiwi to strengthen on back of less dovish RBNZ – MUFG

The greenback remains resilient as the bulls drive equities higher

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Chinese economy will continue to expand and support the yuan – MUFG

Poised to challenge the 1.2000 threshold

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Bets for a move to 1.20 remain on the rise

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US private sector employment rises by 174K in January vs. 49K expected

XAU/USD remains confined in a range, moves little post-ADP

AstraZeneca vaccine reduces virus spread and delay between doses works.

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