Forecasts & opinions
The bullion pushed higher, boosted by the weakening greenback and was trading 0.60% stronger during the US session, hovering at around 1,245 USD, which are levels last seen in July this summer.
Earlier today, traders watched the US labor market data. The non-farm payrolls slowed sharply in November and the US economy created only 155,000 new jobs, against expectations of 200,000, while the previous number was revised lower to 237,000. The unemployment rate remained unchanged at 3.7%.
|remaining time till the new event being published|
- Germany's trade surplus rose slightly in October
- Swiss unemployment rate remained unchanged in November
- China says hopes it can reach trade agreement with U.S. as soon as possible
- Eurozone investor confidence rose sharply in December - Sentix