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Australia's Trade Balance turns negative in May: What 3,018M deficit means for AUD/USD
Forex
PBOC sets USD/CNY reference rate at 6.8088 vs. 6.8067 previous
USD/CHF heads into Thursday's session with two major catalysts on the calendar. Swiss inflation may influence expectations for the Swiss National Bank, but US non-farm payrolls are likely to dominate given their importance for Fed pricing.
Gold rebounds to near $4,050 on softer Fed stance, US NFP data in focus
GBP/JPY Price Forecast: Breaks range, bulls eye 216 as RSI is bullish
Gold briefly rebounded above short-term support and its 10-day moving average but failed to confirm strength, keeping the broader downtrend intact as resistance persists.
Silver Price Forecast: Sideways below $60 as RSI bounce eyes breakout
Only about 26% of the silver mined in 2025 came from primary silver mines, a new low, according to Metals Focus and the Silver Institute.
Gold prices rallied after a weak ADP report, easing ISM factory costs and Fed Chair Warsh's comments. See the key levels ahead of Nonfarm Payrolls.
Gold surges amid mixed US data and Fed's Warsh remarks
Precious metals are moving higher as ECB officials indicated that they were not in a hurry to raise rates.
Pound Sterling Price News and Forecast: GBP/USD climbs on soft US data despite Warsh's hawkish tilt
USD/JPY has extended its breakout from the June range, with bullish momentum carrying the pair to fresh multi-month highs despite increasingly vocal intervention warnings from Japanese officials. Weekly momentum continues to strengthen, but the rally is now approaching a major technical resistance zone where buyers will face their next meaningful test.
EU inflation data put material pressure on the European currency and provided some support to the U.S. dollar.
Gold price jumped on Wednesday (up 2.2% until early US session) following another failure at strong $4000 support (metal failed to register clear break below this level in six consecutive attempts.
Silver rebounds above $60 as softer US data, Warsh remarks weigh on the US Dollar
USD/CHF technical analysis takes center stage as Michael Boutros, FOREX.com Senior Market Analyst, explains why the pair is testing a major multi-year resistance zone just ahead of key U.S. employment data. He outlines the critical technical levels, support and resistance zones, and why the Non-Farm Payrolls report could determine whether USD/CHF confirms a fresh bullish breakout or reverses from a major inflection point.
The EUR/USD outlook remains modestly bearish, even if the US dollar has eased off its earlier highs following Kevin Warsh's speech a few moments ago where he offered no major surprises. Investors will likely continue to favour the US dollar as investors digest a Federal Reserve that appears determined to keep inflation under control, even as financial markets continue to debate the timing of the next policy move.
The USD/JPY remains in intervention territory above 160.00. and two risk events have the potential of testing the BoJ's will in this regard.
Gold: Forecasts cut but constructive case intact – OCBC
