After surging in 2021 and 2022, quits have come down as workers lose confidence in their ability to find better pay or working conditions elsewhere
Far-right parties made major gains in parliamentary elections Sunday, leading French President Emmanuel Macron to call a snap election. This caused the euro to drop to its lowest price in nearly a month
Demand for safe-haven currencies, along with more warnings from Japanese authorities, helped send the yen to two-week highs against the dollar.
The country added 236,000 jobs in March, slightly less than expected, while the unemployment rate inched down to 3.5 percent, the Labour Department said.
The Federal Reserve’s moves to cool the economy with higher interest rates seem to be taking gentle hold. Wage growth lost momentum.
"Next week could be one of the most important weeks of the whole year," said Marc Chandler, head of foreign exchange strategy at Brown Brothers Harriman.
Gold edged up on Friday and was headed for its third straight weekly gain, helped by a weaker dollar and hopes of a prolonged period of easy monetary policy.
Indian gold traded a tad lower on Friday, still near the lowest level in ten months, weighed by a stronger rupee, with traders waiting for the US job data for direction in prices before stocking for weddings.
Cash gold slipped 1 percent to its weakest in 10 months at $1,541.24 an ounce after a steep decline in equities and a disappointing U.S. private-sector job report.
All eyes are on the US job market report, which will be released by the US government today. Richard Ross, global technical analyst at Auerbach Grayson, in an interview to CNBC-TV18’s Menaka Doshi, gave his view on how the US market is likely to perform once the data is released.
Bruno Verstrate, chief executive officer, Nautilus Invest in an interview to CNBC-TV18 said, issues related to growth and European debt are bothering global markets making equities unwanted at this point in time.
Top Republicans on Friday said an increase in the US jobless rate underscored the need for President Barack Obama to get personally involved in talks to cut government spending to help stimulate economic growth.