NZD/USD Price Forecast: Refreshes weekly high near 0.5725 as US Dollar weakens
NZD/USD Price Forecast: Refreshes weekly high near 0.5725 as US Dollar weakens
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NZD/USD Price Forecast: Refreshes weekly high near 0.5725 as US Dollar weakens
Forex
Gold: Softer US data boosts safe-haven demand – ING
AUD/USD Price Forecasts: Aussie approaches 0.6950 with bullish momentum building up
Euro: Upside bias capped by resistance against US Dollar – UOB
The Pound to Dollar (GBP/USD) exchange rate surged to a two-week high on Thursday after a weaker-than-expected US non-farm payrolls report triggered heavy selling pressure in the US Dollar. At the time of writing, GBP/USD was trading around $1.3377, up roughly 0.7% on the day.
Pound Sterling Price News and Forecast: GBP/USD gains ground to near 1.3360 early European session
EUR/JPY Price Forecast: Tests immediate barrier at VWAP of 185.50
Silver (XAGUSD) continues to exhibit an incomplete sequence from the January 29, 2026 high, suggesting that further downside remains possible. In the short term, the cycle from the May 14, 2026 high is unfolding as a double three Elliott Wave structure.
Looking at the 4-hour chart, the pair declined below the 162.00 and 161.20 support levels. There was a clear move below the 50% Fib retracement level of the upward move from the 159.54 swing low to the 162.84 high.
AUDUSD currency pair recently reversed from the support zone between the support level 0.6865 (which stopped wave 2 in March) and the lower daily Bollinger Band.
The Euro to Dollar (EUR/USD) exchange rate climbed to around 1.1450 after weaker-than-expected US payrolls data weighed on the Dollar and reduced expectations of further Federal Reserve tightening. UOB believes the Euro has gained a modest upside bias following the US jobs report, although it expects gains to remain limited in the near.
Saudi Arabia Gold price today: Gold rises, according to FXStreet data
Philippines Gold price today: Gold rises, according to FXStreet data
United Arab Emirates Gold price today: Gold rises, according to FXStreet data
Pakistan Gold price today: Gold rises, according to FXStreet data
The Japanese yen jumped sharply on Thursday as traders braced for a potential intervention by the Bank of Japan (BoJ). The USD/JPY pair retreated to a low of 160.62 from the year-to-date high of 162.84.
GBP/USD Price Forecast: Gathers strength above 1.3350, but stays capped below 100-day average
India Gold price today: Gold rises, according to FXStreet data
Malaysia Gold price today: Gold rises, according to FXStreet data
EUR/USD Price Forecast: Trades cautiously higher near mid-1.1400s amid mixed setup