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via finance.yahoo.comMarkets

Sterling slips as dollar holds firm ahead of US payrolls

FROM THE WIRE · FINANCE.YAHOO.COM

Investing.com -- Sterling traded lower on Friday while the euro also slipped, as the dollar held firm ahead of the October U.S. jobs report and a tech-led equity sell-off pushed investors into cash. Still guessing which stocks will beat the market? Our AI portfolio updates…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishThe dollar stays firm on cash flows ahead of the US jobs report, weighing on sterling and the euro.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Sterling fell 0.54% against the dollar to 1.3391.
  2. 02The euro slipped 0.40% to 1.1174 dollars.
  3. 03Chris Turner of ING sees the DXY moving toward the middle of a 101.50-102.50 range.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
US Dollar IndexFX:DXYFX pair101.85500.00%today +0.30%Positive UK Pound Sterling/US Dollar FX Spot RateGBPUSDFX pair1.3403+0.02%today -0.33%Negative EUR/USDEURUSDFX pair1.1175-0.01%today -0.39%Negative
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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