The post Australian jobs report and UK GDP data come to the fore appeared on BitcoinEthereumNews.com. The US Dollar (USD) added to its weekly correction, briefly slipping back to multi-day lows on the back of the renewed offered stance, a better tone in the risk complex and persistent bets on rate cuts by the Fed in the latter part of the year. Here’s what to watch on Thursday, October 16: The US Dollar Index (DXY) traded on the back foot for the second straight day on Wednesday, falling to multi-day troughs near 98.70 amid further retracement in US Treasury yields. The Philly Fed Manufacturing Index is due, seconded by the NAHB Housing Market Index and the EIA’s weekly report on US crude oil stockpiles. In addition, the Fed’s Barkin, Barr, Miran, Waller and Bowman are all due to speak. EUR/USD picked up pace and regained the 1.1650 region amid further weakness hurting the Greenback. The Balance of Trade results in the broader Euroland are next on tap, alongside speeches by the ECB’s Donnery, Lane and Lagarde. GBP/USD rose to weekly highs past 1.3400, leaving behind two daily pullbacks in a row. UK GDP figures take centre stage along with Industrial and Manufacturing Production, Balance of Trade, Construction Output, and the NIESR Monthly GDP Tracker. USD/JPY extended its bearish leg to six-day lows in the sub-151.00 region, adding to Tuesday’s retracement. Machinery Orders and the Tertiary Industry Index are due ahead of the speech by the BoJ’s Tamura. AUD/USD kept its weekly erratic performance, reversing Tuesday’s pullback and rebounding markedly to the 0.6520 zone. The labour market report will grab all the attention in Oz. Prices of the american WTI added to Tuesday’s drop, approaching once again the $58.00 mark per barrel as traders continued to assess the expected surplus by the IEA in 2026 and the renewed US-China trade effervescence. Gold prices clinched an all-time high… The post Australian jobs report and UK GDP data come to the fore appeared on BitcoinEthereumNews.com. The US Dollar (USD) added to its weekly correction, briefly slipping back to multi-day lows on the back of the renewed offered stance, a better tone in the risk complex and persistent bets on rate cuts by the Fed in the latter part of the year. Here’s what to watch on Thursday, October 16: The US Dollar Index (DXY) traded on the back foot for the second straight day on Wednesday, falling to multi-day troughs near 98.70 amid further retracement in US Treasury yields. The Philly Fed Manufacturing Index is due, seconded by the NAHB Housing Market Index and the EIA’s weekly report on US crude oil stockpiles. In addition, the Fed’s Barkin, Barr, Miran, Waller and Bowman are all due to speak. EUR/USD picked up pace and regained the 1.1650 region amid further weakness hurting the Greenback. The Balance of Trade results in the broader Euroland are next on tap, alongside speeches by the ECB’s Donnery, Lane and Lagarde. GBP/USD rose to weekly highs past 1.3400, leaving behind two daily pullbacks in a row. UK GDP figures take centre stage along with Industrial and Manufacturing Production, Balance of Trade, Construction Output, and the NIESR Monthly GDP Tracker. USD/JPY extended its bearish leg to six-day lows in the sub-151.00 region, adding to Tuesday’s retracement. Machinery Orders and the Tertiary Industry Index are due ahead of the speech by the BoJ’s Tamura. AUD/USD kept its weekly erratic performance, reversing Tuesday’s pullback and rebounding markedly to the 0.6520 zone. The labour market report will grab all the attention in Oz. Prices of the american WTI added to Tuesday’s drop, approaching once again the $58.00 mark per barrel as traders continued to assess the expected surplus by the IEA in 2026 and the renewed US-China trade effervescence. Gold prices clinched an all-time high…