USD strengthens, gold dips, and payroll data hits markets.

On Thursday, amid the stirring of new news unrelated to taxes, the market was hoping for Friday's non farm payroll data, and the US dollar index rebounded slightly.

On Thursday, amid the stirring of new news unrelated to taxes, the market was hoping for Friday's non farm payroll data, and the US dollar index rebounded slightly. After being named by the US Treasury Secretary, it briefly fell and ultimately closed up 0.08% at 107.7. US Treasury yields collectively rose, with 2-year yields closing at 4.21% and 10-year yields closing at 4.44%.

Gold prices fell 1% to around $2834.08 per ounce on Thursday as the US dollar rebounded ahead of the release of a key employment report and investors took profits. The previous five trading days saw gold prices reach record highs due to the escalation of trade tensions between China and the United States. However, gold prices were still supported by bargain hunting, and the decline in gold prices narrowed at the end of Thursday, closing around $2855.81 per ounce.

Affected by Trump's remarks on increasing production, oil prices turned lower, with WTI crude oil closing down 0.82% at $70.32 per barrel; Brent crude oil closed down 0.57% at $74.81 per barrel.

Réglementation: FCA (UK), VFSC (Vanuatu), FSCA (South Africa)
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Nonfarm payrolls take center stage

Nonfarm payrolls take center stage

Slide in US private payrolls raise concerns about NFP miss - US strikes trade deal with Vietnam ahead of July 9 deadline - Pound feels the heat of fiscal shenanigans - S&P 500 hits fresh record high ahead of jobs report
XM Group | il y a 17h 18min
Rate Shifts Steer FX Markets as Silver Holds Strong

Rate Shifts Steer FX Markets as Silver Holds Strong

On July 3, silver stays firm above $35.40 as Fed cut bets persist. EUR/USD holds near 1.1800, while GBP/USD lingers near 1.3585 ahead of UK jobs data. JPY strengthens after BoJ signals a hawkish pause. AUD/USD slips on weak trade surplus. Focus turns to US NFP and ISM data for market direction before the US holiday break.
Moneta Markets | il y a 20h 20min
ATFX Market Outlook 3rd July 2025

ATFX Market Outlook 3rd July 2025

Wednesday’s ADP report showed a surprise decline of 33,000 private-sector jobs in June, marking the first contraction since March 2023 as economic uncertainty weighed on hiring. U.S. equities surged, with the S&P 500 and Nasdaq closing at record highs, driven by gains in tech stocks and relief following the U.S.–Vietnam trade agreement, which eased concerns over prolonged trade tensions
ATFX | il y a 23h 50min
Powell keeps the door to a July cut open

Powell keeps the door to a July cut open

Dollar slides as Powell sounds more dovish than expected - Trump’s bill passes through Senate, pending final vote in House - JOLTS job openings and ISM mfg. PMI reveal some improvement - Wall Street pauses uptrend, gold rebounds
XM Group | il y a 1
GBP/USD at the top of a bullish channel

GBP/USD at the top of a bullish channel

GBP/USD loses momentum near three-year high, tests the channel’s upper band. Short-term bias remains bullish, but overbought conditions are evident. Bullish outlook remains intact above 1.3450.
XM Group | il y a 1
Dollar Rebounds, Risk FX Holds Strong | 2nd July, 2025

Dollar Rebounds, Risk FX Holds Strong | 2nd July, 2025

On July 2, the USD stabilizes as Fed rate cut bets build. GBP/USD nears 1.3750 highs, NZD/USD extends above 0.6120, and AUD/USD holds near 0.6820 despite soft retail sales. USD/JPY recovers to 146.20, while silver dips below $36. Markets await US labor data and Fed remarks for direction ahead of July 4.
Moneta Markets | il y a 1