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Europe Roundup: Dollar steady ahead of US jobs report,European shares climbs, Gold gains, Oil drops-August 7th,2026
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U.S. nonfarm payrolls are forecast to have risen by 80,000 last month after an increase of 57,000 in June, according to a Reuters survey of economists.
The unemployment rate is expected to hold steady at 4.2%.The closely watched payrolls report could offer fresh clues on the Federal Reserve's policy path as markets assess the possibility of another interest rate hike.
GBP/USD : The British pound dipped against the U.S. dollar on Friday as investors awaiting the closely watched monthly U.S. payrolls report due later in the day.U.S.
nonfarm payrolls are forecast to have risen by 80,000 last month after an increase of 57,000 in June, according to a Reuters survey of economists.
Spot gold was up 2.1% at $4,326.59 per ounce by 1130 GMT, after hitting a seven-week high on Thursday.