Austria Unemployment: 0K (July) vs previous 319.9K

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Aug 3, 2015

GBP/USD drops below 1.5600

The British pound continues to underperform against the US dollar in the European session, with GBP/USD now surrendering 1.56 handle. The major remains pressured amid broad based US dollar strength while markets chose to comfortably ignore above estimates UK manufacturing PMI report.

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Aug 3, 2015

Gold languishes near lows, awaits US data

Gold prices on Comex is seen testing daily lows reached at 1091.50 levels as the strengthening US dollar on the back of rising shorter duration US treasury yields continue to exert additional pressure on the yellow metal.

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