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GBP/USD slips as weak US payrolls revision keeps Fed cut bets intact GBP/USD retreats during the North American session after the latest Nonfarm Payrolls revision, which was worse than expected. At the time of writing, the pair trades at 1.3542 after hitting a daily high of 1.3590, down 0.01%. Read More… Pound Sterling gains further against US Dollar ahead of US NFP revision The Pound Sterling (GBP) extends its winning streak for the third trading day against the US Dollar (USD) on Tuesday. The GBP/USD pair posts a fresh three-week high around 1.3580 during the European trading session as the US Dollar slumps ahead of…

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When you hear the phrase “Gold Rush,” your mind probably jumps straight to California in 1849. But the story of gold in America began much earlier, and much farther east. In fact, the first major gold rush in U.S. history took place in the rolling hills of northern Georgia in 1829. This little-known but deeply significant event set the stage for America’s fascination with gold and shaped the foundation of the modern gold industry. The Discovery That Sparked It All In 1828, gold was discovered in Lumpkin County, Georgia, near what would become the town of Dahlonega. By the following…

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The Euro climbs as Nonfarm Payrolls show weak hiring, rising unemployment, and steady wage growth in August.US 2-year Treasury yield tumbles as markets fully price in September rate cut; DXY drops 0.70% to 97.57.Traders eye US CPI next week to confirm disinflation trend, while EU GDP Q2 revised slightly higher.The EUR/USD advanced during the North American session after the latest employment report in the United Sates (US) showed the labor market is deteriorating. Consequently, investors ditched the US Dollar as the first rate cut by the Federal Reserve in 2025 looms. The pair trades at 1.1714, up by 0.50%.US jobs…

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