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EUR: Lagarde provides support – ING
We were caught off guard by the main message from ECB President Christine Lagarde yesterday that the easing cycle was nearing its conclusion, ING's FX analyst Chris Turner notes.
EURUSD
Technical Analysis
Banks
News Discussion Forum
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Fxstreet
NZD/USD Price Forecast: Rejection at 0.6080 brings 0.6000 back into play
New Zealand Dollar’s upside attempts were capped at 0.6180 on Thursday, and the pair is extending the reversal on Friday, against a somewhat firmer US Dollar, which brings the 0.6000 support area back into focus.The Greenback is trimming some losses with investors unwinding their USD shorts, after a
NZDUSD
Technical Analysis
Currencies
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Fxstreet
EUR/USD: Chance to potentially retest 1.1495 – UOB Group
Euro (EUR) could potentially retest 1.1495 against US Dollar (USD) or even break above this level; slowing momentum suggests 1.1530 is likely out of reach.
EURUSD
Technical Analysis
Banks
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Forex Live
S&P 500 technical analysis after Elon and Trump's childish keyboard war
Bulls are stil fine. See why and where that might change, in this video.
S&P Technical Analysis
S&P Futures
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S&P Futures Technical Analysis
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Fxstreet
AUD/JPY Price Forecast: Tests nine-day EMA near psychological 93.00 support
AUD/JPY extends its gains for the second successive session, trading around 93.60 during early European hours on Friday. A technical analysis of the daily chart shows that the currency cross remains within an ascending channel pattern, confirming a sustained bullish bias.
AUDJPY
Technical Analysis
Crosses
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Fxstreet
USD/CAD Price Forecast: Seems vulnerable below 1.3700; US/Canadian jobs data awaited
The USD/CAD pair extends its sideways consolidative price move for the second straight day on Friday and trades around the 1.3665 region during the early European session. Spot prices remain close to the year-to-date low touched on Thursday and seem vulnerable to sliding further.
USDCAD
NFP
Employment
Technical Analysis
Currencies
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Fxstreet
EUR/JPY Price Forecast: Climbs above mid-164.00s, bulls retain control near multi-week top
The EUR/JPY cross attracts some follow-through buying for the second straight day on Friday and trades near the mid-164.00s heading into the European session. Spot prices remain close to over a three-week high touched on Thursday and remain well supported by a broadly weaker Japanese Yen (JPY).
EURJPY
BOJ
Technical Analysis
Crosses
Currencies
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FX option expiries for 6 June 10am New York cut
A look at what is on the board for today
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News Discussion Forum
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Fxstreet
USD/CHF Price Forecast: Hovers above 0.8200 near nine-day EMA barrier
The USD/CHF pair extends its gains for the second successive session, trading around 0.8200 during the Asian hours on Friday. However, the bearish bias is prevailing as the pair moves downwards within the descending channel pattern.
USDCHF
Technical Analysis
Majors
News Discussion Forum
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Fxstreet
NZD/JPY Price Forecast: Climbs on eased US-China tensions
NZD/JPY climbed over 0.75% on Thursday amid a session that witnessed an escalation of the Trump-Musk fight on social media, which ultimately sent Testla (TSLA) stocks plunging over 14% during the day.
Technical Analysis
Crosses
Currencies
NZDJPY
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Fxstreet
AUD/JPY Price Forecast: Rallies above 93.00 on risk appetite, as bullish engulfing pattern looms
The AUD/JPY prolonged its gains on Thursday and edged up over 0.76% amid a risk-on impulse sparked by news that the US and China might reach an agreement as President Trump spoke with China’s President Xi Jinping during the day. At the time of writing the cross-pair trades at 93.30.
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Fxstreet
Mexican Peso strengthens ahead of Friday’s NFP data, with US-Mexico relations in focus
The Mexican Peso (MXN) is on track to extend its winning streak for a second consecutive session against the US Dollar (USD) on Thursday.
USDMXN
Fundamental Analysis
Technical Analysis
Banxico
Currencies
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Fxstreet
WTI Price Forecast: WTI Crude Oil holds gains above $62, momentum builds for further upside
West Texas Intermediate (WTI) crude oil extends its recovery on Thursday, building on early week gains as bulls capitalize on a bullish flag breakout. At the time of writing, WTI is trading around $62.80, up nearly 1.20% on the day, and slightly below the intraday high of $63.30.
WTI
Technical Analysis
News Discussion Forum
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Fxstreet
EUR/USD holds above 1.1440 as ECB cuts rates; focus shifts to US NFP data
EUR/USD holds onto earlier gains of over 0.20% after the European Central Bank (ECB) grabbed the headlines, reducing rates but leaving the door open for a pause at the upcoming July 24 meeting. At the time of writing, the pair trades at 1.1441 after bouncing off daily lows of 1.1404.
EURUSD
Technical Analysis
Majors
Fundamental Analysis
ECB
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Fxstreet
Gold slips as Trump-Xi call eases trade tensions, markets await US NFP
Gold price pared its earlier gains after breaking news revealed that the call between US President Donald Trump and his Chinese counterpart, Xi Jinping, was positive, with the two primarily discussing trade, according to Trump. At the time of writing, XAU/USD trades at $3,350, down 0.72%.
Gold
XAUUSD
Fundamental Analysis
Technical Analysis
SEO
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Fxstreet
USD/JPY recovers on de-escalating US-China trade tensions ahead of critical NFP report
The Japanese Yen (JPY) is weakening against the US Dollar (USD) on Thursday following news of a productive phone call between US President Donald Trump and Chinese President Xi Jinping.
USDJPY
Fundamental Analysis
Majors
Macroeconomics
Technical Analysis
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Fxstreet
Silver prices surge to multi-year highs, posting intraday gains near 3.50%
Silver (XAG/USD) surged sharply on Thursday, rallying nearly 4% intraday and reaching their highest level in more than a decade, as precious metals continue to attract investors amid escalating trade tensions and increased US Dollar outflows.
Silver
XAGUSD
Technical Analysis
Metals
Fundamental Analysis
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Fxstreet
USD/INR holds near 85.85 as markets brace for RBI's interest rate decision and US NFP
The Indian Rupee (INR) is trading flat against the US Dollar (USD) on Thursday during the American session, as USD/INR trims its earlier losses despite weaker US labor market data.
USDINR
India
Fundamental Analysis
Technical Analysis
News Discussion Forum
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Fxstreet
Gold prices retreat after Trump and Xi engage in trade talks
Gold prices are holding firm on Thursday, supported by easing geopolitical tensions, dovish central bank signals and ongoing weakness in US labour market data, factors that continue to drive demand for safe-haven assets.
XAUUSD
Gold
Fundamental Analysis
Technical Analysis
SEO
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Fxstreet
JPY is soft and fading from range high – Scotiabank
Japanese Yen (JPY) is soft, down 0.3% against the US Dollar (USD) and underperforming all of the G10 currencies as it fades a portion of Wednesday’s push toward the upper end of its local range, Scotiabank's Chief FX Strategist Shaun Osborne notes.
USDJPY
Banks
Technical Analysis
BOJ
Japan
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Fxstreet
GBP is extending recent gains – Scotiabank
Pound Sterling (GBP) is up a modest 0.2% against the US Dollar (USD), outperforming most of the G10 currencies as it pushes toward last week’s multi-year high, Scotiabank's Chief FX Strategist Shaun Osborne notes.
GBPUSD
Banks
Technical Analysis
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Fxstreet
CAD holds near yesterday’s high on soft USD, unfazed by BoC – Scotiabank
The Canadian Dollar (CAD) is steady, holding near yesterday’s high against the US Dollar (USD). The BoC’s 'dovish hold' outcome yesterday was largely as expected, Scotiabank's Chief FX Strategist Shaun Osborne notes.
USDCAD
Banks
Technical Analysis
BOC
Canada
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Fxstreet
EUR quietly consolidating on mixed data ahead of ECB – Scotiabank
EUR is quietly consolidating in a tight range just above 1.14, entering Thursday’s NA session unchanged from Wednesday’s close, Scotiabank's Chief FX Strategist Shaun Osborne notes.
Banks
Technical Analysis
EURUSD
ECB
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Fxstreet
USD little changed as markets await NFP data – Scotiabank
Markets are trading in relatively subdued fashion, leaving the USD soft overall but little changed on the session and holding near the past week’s low, Scotiabank's Chief FX Strategist Shaun Osborne notes.
DollarIndex
Banks
Technical Analysis
Fed
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Fxstreet
BOC leaves the policy rate at 2.75% for the second time – BBH
USD/CAD is breaking lower. The downward shift in US rate expectations outweighed the Bank of Canada (BOC) slightly dovish hold, BBH FX analysts report.
Banks
BOC
USDCAD
Technical Analysis
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Fxstreet
USD/CNH: Any further decline is unlikely to break below 7.1600 – UOB Group
US Dollar (USD) could continue to weaken against Chinese Yuan (CNH); any further decline is unlikely to break below 7.1600.
Banks
Technical Analysis
USDCNH
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Fxstreet
USD/JPY: Likely to trade between 142.10 and 145.50 – UOB Group
There is scope for US Dollar (USD) to continue to weaken against Japanese Yen (JPY); the major support at 142.10 is unlikely to come under threat.
USDJPY
Banks
Technical Analysis
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Fxstreet
NZD/USD: Any advance is unlikely to threaten this week’s high, near 0.6055 – UOB Group
New Zealand Dollar (NZD) could edge higher against US Dollar (USD), but any advance is unlikely to threaten this week’s high, near 0.6055.
NZDUSD
Technical Analysis
Banks
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Fxstreet
AUD/USD is close to testing 0.6540 – UOB Group
Australian Dollar (AUD) could first test 0.6515 against the US Dollar (USD) before the risk of a pullback increases. In the longer run, price action suggests AUD could continue to rise and test the significant resistance level at 0.6540, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
AUDUSD
Technical Analysis
Banks
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Fxstreet
GBP/USD: Unlikely to break clearly above 1.3600 – UOB Group
A slight increase in upward momentum suggests an upside bias, but Pound Sterling (GBP) is unlikely to break clearly above 1.3600. In the longer run, GBP must first close above 1.3600 before a sustained advance can be expected, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
Banks
Technical Analysis
GBPUSD
News Discussion Forum
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Fxstreet
EUR/USD clears channel resistance, eyes 1.1470 next – Société Générale
EUR/USD is showing renewed upward momentum after defending key support, breaking out of its recent channel and regaining technical strength. With bullish signals in place, the pair appears poised for further gains in the near term, Société Générale's FX analysts note.
EURUSD
Technical Analysis
Banks
News Discussion Forum
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Fxstreet
USD: 'Slightly pessimistic and uncertain' – ING
'Slightly pessimistic and uncertain' was the characterisation of the US outlook expressed in the Fed's Beige Book released last night and ahead of the next FOMC meeting on 19 June.
DollarIndex
Banks
Technical Analysis
Fed
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Fxstreet
EUR: No big surprises from the ECB – Commerzbank
The market is convinced that the ECB will cut its key rates by another 25 basis points today. This will lower the deposit rate to 2.00%.
EURUSD
Banks
Technical Analysis
ECB
News Discussion Forum
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Fxstreet
EUR: Dovish ECB could keep Euro gains in check – ING
The ECB is widely expected to cut rates by 25bp today. This will take the deposit rate to 2.00%. The market currently prices a further 25bp cut by the 30 October meeting.
EURUSD
Technical Analysis
Banks
News Discussion Forum
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Fxstreet
EUR/USD: Likely to test 1.1455 in the near term – UOB Group
Recovery has gained momentum; Euro (EUR) could test 1.1455 against US Dollar (USD), but a sustained rise above this level is unlikely.
EURUSD
Technical Analysis
Banks
News Discussion Forum
By
Forex Live
Gold Technical Analysis – Eyes on the NFP report
Gold got stuck in another consolidation as traders await the NFP report due tomorrow
Gold
News Discussion Forum
By
Fxstreet
EUR/JPY Price Forecast: Retains bullish bias above 163.00
The EUR/JPY cross edges higher to around 163.15 during the Asian trading hours on Thursday. The Japanese Yen (JPY) softens against the Euro (EUR) amid the expectation that the next interest rate hike by the Bank of Japan (BoJ) will not come soon.
News Discussion Forum
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Fxstreet
NZD/USD Price Forecast: Holds steady near 0.6030; moves little after Chinese PMI
The NZD/USD pair trades with a positive bias for the second straight day, though it remains below the 0.6050 level through the Asian session on Thursday amid a modest US Dollar (USD) uptick.
NZDUSD
China
PMI
Technical Analysis
Currencies
News Discussion Forum
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Fxstreet
USD/MXN Price Forecast: Finds resistance around 19.20 ahead of nine-day EMA
USD/MXN inches higher after registering losses in the previous session, trading around 19.20 during the Asian hours on Thursday. A bearish bias is prevailing as the daily chart’s technical analysis indicates the pair consolidating within a descending channel pattern.
USDMXN
Technical Analysis
Mexico
News Discussion Forum
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Forex Live
FX option expiries for 5 June 10am New York cut
A look at what is on the board for today
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