Australia CFTC AUD NC Net Positions: $-44.1K vs $-49.1K
United States CFTC Gold NC Net Positions up to $169.3K from previous $160.7K
Japan CFTC JPY NC Net Positions: ¥-96.2K vs previous ¥-80.7K
United States CFTC Oil NC Net Positions fell from previous 193.1K to 162.6K
United States CFTC S&P 500 NC Net Positions down to $-434.2K from previous $-404.3K
European Monetary Union CFTC EUR NC Net Positions: €165.7K vs previous €173.7K
United Kingdom CFTC GBP NC Net Positions: £13.2K vs £11.6K
Gold price slumps after hitting a daily high of $1977.87, as the release of a solid US jobs data report underpinned US Treasury bond yields, a headwin
The NZD/USD pair erased gains which saw the Kiwi surging to the 0.6111 area at the end of the week and fell towards the 0.6065 area, in response to s
Federal Reserve Chair Jerome Powell will testify at the U.S. Senate Banking Committee on June 22, panel chief Sherrod Brown said on Friday, Reuters re
Data released on Friday, showed Nonfarm Payrolls rose by 339K in May surpassing expectations. Analysts at TD Securities point out payroll strength kee
Next week, the Reserve Bank of Australia (RBA) is set to announce its decision on monetary policy. The market consensus is for the central bank to kee
USD/MXN trims some of its losses but remains trading negatively, despite a solid US jobs report revealed before Wall Street opened, which did not stop
The GBP/USD fell more than 0.50% to a daily low of 1.2453 at the end of the week, following robust labor market data from the US, indicating a possib
United States Baker Hughes US Oil Rig Count dipped from previous 570 to 555
EUR/USD slumps from weekly highs reached as a knee-jerk reaction to a solid US jobs report, driving the pair towards 1.0779 before sliding toward dail
The USD/JPY gained more than 60 pips on Friday, spiking to the 139.70 zone following the labor market data from the US which suggested that the Feder
USD/CAD registers modest losses after an outstanding jobs report in the United States (US) would likely keep the US Federal Reserve (Fed) hitting the
Economists at Commerzbank discuss Gold (XAU/USD) outlook. Central banks planning further Gold purchases Gold price dipped to a two-month low this week
Economists at the Bank of Montreal discuss the Fed policy outlook following the US Nonfarm Payrolls report. Fed will take further comfort from the gra
The BoE's stance seems too hesitant, which is likely to weigh on the Pound in the coming quarters, economists at Commerzbank report. GBP weakness will
According to SG’s FX team, the USD/JPY could drop to 130 again. Yen should appreciate when money returns to Japan If the BoJ adjusts its Yield Curve C
The Turkish Lira appears to be going exponential once again. Economists at Commerzbank have revised up their USD/TRY forecast path significantly. Infl
The AUD/USD pair stands stall near a one-and-half-week high, around the 0.6625-0.6630 region through the early North American session on Friday and mo
The Mexican Peso is the only larger currency that was able to appreciate against the US Dollar in May. Economists at Commerzbank expect MXN to remain
The USD Index (DXY), which measures the greenback vs. a basket of its main competitors, alternates gains with losses in the mid-103.00s, as investors
Economists at Wells Fargo expect only modest gains in the Canadian Dollar against the US currency over time. BoC could be among the first of the major
The GBP/USD pair pulls back from a two-and-half-week high, around the 1.2545 region, touched this Friday and extends its steady intraday descent throu
Economists at Commerzbank discuss Fed policy outlook after the latest Nonfarm Payrolls report. A mixed picture The US employment report for May shows
Oil price rallies for the second day on Friday as global markets breathe a sigh of relief after the US Senate votes through the debt-ceiling extension
The USD/JPY pair jumps to a fresh daily high, around the 139.45 region, during the early North American session, albeit meets with a fresh supply at h
Gold prices dropped from the $1,980 area to $1,971 following the release of the US official employment report, which showed an increase in Nonfarm Pay
EUR/USD now returns to the negative territory on the back of the post-Payrolls bout of strength in the greenback on Friday. EUR/USD: Daily upside capp
United States Labor Force Participation Rate came in at 62.6%, above expectations (62.5%) in May
United States Average Weekly Hours below forecasts (34.4) in May: Actual (34.3)
United States Average Hourly Earnings (YoY) below expectations (4.4%) in May: Actual (4.3%)
United States Average Hourly Earnings (MoM) in line with expectations (0.3%) in May
United States Nonfarm Payrolls registered at 339K above expectations (190K) in May
United States Unemployment Rate above expectations (3.5%) in May: Actual (3.7%)
United States U6 Underemployment Rate above expectations (6.6%) in May: Actual (6.7%)
Gold has stabilized above the 100-Day Moving Average, reasserting its outperformance trend. Strategists at Credit Suisse analyze the yellow metal tech
India FX Reserves, USD below expectations ($595.62B) in May 26: Actual ($589.14B)
India Bank Loan Growth below forecasts (15.6%) in May 22: Actual (15.4%)
Economists at Wells Fargo expect the Yen to be a key beneficiary from US Dollar weakness. Japanese Yen strength later this year Against a backdrop of
Brazil Industrial Output (MoM) registered at -0.6%, below expectations (-0.2%) in April
Brazil Industrial Output (YoY) came in at -2.7%, below expectations (-1.1%) in April
Brazil Industrial Output (MoM) above forecasts (-0.2%) in April: Actual (-0.06%)
Mexico Jobless Rate above expectations (2.7%) in April: Actual (2.8%)
Mexico Jobless Rate s.a remains unchanged at 2.8% in April
EUR/USD trades in a cautious note near 1.0760/70 ahead of the key release of US Nonfarm Payrolls. Despite Thursday’s rebound, the pair remains under p
Economists at Commerzbank analyze the Brazilian Real outlook. Strong growth supports the Brazilian Real With a plus of 1.9% QoQ the Brazilian economy
Economists at Rabobank discuss AUD/USD outlook. Scope for AUD/USD to reach 0.70 next year While the expectation of further policy tightening should le
After dropping some nineteen percent from its mid-April high, Oil surged over three percent alongside the equity markets. Nonetheless, economists at T
DXY accelerates the decline south of the 104.00 barrier and records new multi-session lows near 103.40 on Friday. Considering the current price action
EUR/JPY extends the recovery following Thursday’s advance and trades closer to the key 150.00 yardstick on Friday. Further recovery appears a plausibl
The US Dollar (USD) is having a hard time staying resilient against its rivals on the last trading day of the week. The US Dollar Index, which tracks
Gold price builds on this week's goodish rebound from the $1,932 area, or its lowest level since March 17 and gains some follow-through traction for t
Analysts at Credit Suisse discuss US Dollar Index (DXY) technical outlook. Looking for an eventual test of key resistance at 105.68/106.13 DXY continu
EUR/USD managed to rebound yesterday. Economists at MUFG Bank discuss the pair’s outlook. ECB minutes point to two more hikes The minutes (known as th
Ireland Gross Domestic Product (YoY): -0.2% (1Q) vs previous 12%
Ireland Gross Domestic Product (QoQ) dipped from previous 0.3% to -4.6% in 1Q
Economists at MUFG Bank discuss how the US Nonfarm Payrolls report could impact the greenback. Fed will pause this month We maintain our view that the
The GBP/USD pair enters a bullish consolidation phase near a two-and-half-week high touched on Friday and oscillates in a narrow band, around the 1.25
European Central Bank (ECB) Governing Council member, Gabriel Makhlouf, said on Friday that they are “likely to see another rate increase at the next
Economists at Rabobank analyze USD/CAD outlook. The 1.35 magnet USD/CAD remains in a technical bull trend that began in the middle of 2022. Momentum h
The AUD/USD pair builds on this week's recovery from its lowest level since November 2022 and gains strong follow-through traction for the second succ
Economists at ING discuss USD outlook ahead of US NFP job data. Dollar bias looks lower unless NFP comes in strong We would say that an on-consensus +
European Central Bank (ECB) policymaker, Boštjan Vasle, said on Friday, “more rate hikes needed to get inflation to the 2% target.” Vasle added, “core
EUR/USD trims part of the earlier advance to multi-day highs near 1.0780 as a more cautious tone emerges ahead of the release of the US jobs report. E
Economists at Société Générale analyze USD/JPY technical outlook. High achieved earlier this week near 141 likely to be a short-term resistance USD/JP
The USD/CAD pair drifts lower for the third successive day on Friday - also marking the fifth day of a negative move in the previous six - and drops t
Copper maintains the break of its 200-Day Moving Average, which keeps analysts at Credit Suisse biased lower. Resistance moves to the broken lows and
Economists at Commerzbank discuss ECB policy outlook and its implications for the EUR/USD pair. The resistance towards further rate hikes will increas
Norway Registered Unemployment s.a above forecasts (60.518K) in May: Actual (61.43K)
Norway Registered Unemployment n.s.a registered at 1.7%, below expectations (1.8%) in May
Brazil Fipe's IPC Inflation came in at 0.2% below forecasts (0.29%) in May
USD/JPY has reversed from a high near 141. Economists at ING analyze the pair’s outlook. Turnaround from 140? We have noted that the current environme
Silver builds on its recent goodish rebound from sub-$23.00 levels and climbs to a two-week high on Friday, albeit struggles to capitalize on the mode
Economists at TD Securities analyze how the all-important Nonfarm Payrolls could impact the US Dollar. Upside surprise would likely play into recent U
Economist at UOB Group Lee Sue Ann comments on the upcoming RBA interest rate decision. Key Quotes Latest wages and employment data reinforce our view
The greenback, when gauged by the USD Index (DXY), trades slightly on the defensive around the 103.50 region at the end of the week. USD Index focused
Economists at ING analyze EUR/USD outlook ahead of the US Nonfarm Payrolls report. 1.05-1.07 area to mark the base in the second quarter Today's US da
Spain Unemployment Change came in at -49.3K, above expectations (-61.638K) in May
The NZD/USD pair builds on the previous day's solid recovery from the vicinity of its lowest level since November 2022 and gains strong follow-through
Austria Gross Domestic Product (QoQ) came in at 0%, above forecasts (-0.3%) in 1Q
USD/JPY struggles to defend the first daily gains in five as it seesaws around 139.00 heading into Friday’s European session, mildly bid near 138.85 b
CME Group’s flash data for natural gas futures markets noted traders increased their open interest positions for the fourth consecutive session on Thu
The focus of the FX market is today aimed at the May labor market report. Esther Reichelt, FX Analyst at Commerzbank, believes that the US Dollar coul
France Industrial Output (MoM) above expectations (0.3%) in April: Actual (0.8%)
Considering advanced prints from CME Group for crude oil futures markets, open interest increased for the third straight session on Thursday, now by a
GBP/JPY bulls keep the driver’s seat as the key flirt with the highest levels since February 2016, marked during the mid-week, as the quote rises for
Here is what you need to know on Friday, June 2: The US Dollar (USD) stays on the back foot early Friday after having suffered heavy losses against it
Economists at Nordea expect EUR/NOK to trade around 12.30 during the summer, with more NOK weakening likely. More pain for NOK ahead We believe the NO
Markets Strategist at UOB Group Quek Ser Leang gives his views on the prospects for the yellow metal. Key Quotes After spot gold soared to a high of $
FX option expiries for June 2 NY cut at 10:00 Eastern Time, via DTCC, can be found below. - EUR/USD: EUR amounts 1.0575 510m 1.0700 1.7b 1.0725 462m 1
Gold price (XAU/USD) is looking to fit its auction above $1,980.00 in the early European session. The precious metal has been fueled with fresh blood
Open interest in gold futures markets dropped further on Thursday, this time by around 1.5K contracts according to preliminary readings from CME Group
GBP/USD bulls seat idle on the driver’s seat as the all-important US NFP looms on Friday. That said, the Cable pair sticks on mild gains around 1.2535
Sweden Current Account (QoQ) above forecasts (60.5B) in 1Q: Actual (88.6B)
Progressing toward the United States Nonfarm Payrolls showdown, the US Dollar (USD) is on a corrective decline from two-month highs, undermined by inc
Economists at Nomura discuss ECB policy outlook. The ECB will be watching core and service prices intently over the coming months So far core inflatio
EUR/USD is consistently demonstrating a back-and-forth action above the critical support of 1.0760 in the early European session. The major currency p
European Central Bank (ECB) executive board member, Fabio Panetta, said on Friday, “we have not reached the end of the rate hike cycle.” He added, “bu
EUR/GBP bears take a breather at the yearly low as markets reassess the latest dynamics on early Friday. With this, the cross-currency pair picks up b
Markets in the Asian domain posted significant gains on Friday. Rally in Asian indices is being supported by the clear passage of the US debt-ceiling
WTI crude oil remains mildly bid around mid-$70.00s as it defends the previous day’s recovery from a one-month low heading into Friday’s European sess
The USD/JPY pair has found intermediate support near 138.50 in the Asian session. The asset is expected to deliver more downside as the US Dollar Inde
The USD/INR pair has sensed selling pressure around 82.40 in the Asian session amid a sheer sell-off in the US Dollar Index (DXY). The USD Index fell
“Debt ceiling legislation protects the full faith and credit of the United States and preserves our financial leadership,” US Treasury Secretary Janet
AUD/USD bulls stay in the driver’s seat as it renews weekly top near 0.6615 heading into Friday’s European session. In doing so, the Aussie pair cheer
EUR/USD clings to mild gains around 1.0760-65 as it lacks follow through of the previous day’s heavy run-up amid the market’s cautious mood ahead of t
Japanese Finance Minister Shunichi Suzuki said on Friday, FX rate moves are driven by the market and various factors. Further comments “A weak Yen has
US President Joe Biden is crossing the wires after a majority of Senate votes to pass the debt-ceiling bill. The bill will be now sent to President Bi
Gold Price (XAU/USD) remains on the bull’s radar as it prints the first weekly gain in four heading into the key US employment report for May amid cau
USD/MXN prods intraday low near 17.54 as it run the previous day’s bearish play despite limited audience on early Friday. In doing so, the Mexican Pes
Risk appetite remains sluggish amid typical pre-NFP inaction during early Friday. Even so, the markets remain cautiously optimistic as hawkish Fed bet
The NZD/USD pair has moved to near the crucial resistance of 0.6080 in the Asian session. The Kiwi asset has gained strength as the US Dollar Index (D
USD/CHF holds lower ground near 0.9050 during early Friday, after positing the biggest daily loss in two weeks, as the key technical catalysts challen
Nat-gas on Thursday fell sharply to a 1-month low as the following technical analysis will illustrate. The commodity is under pressure due to ample su
GBP/USD aptly portrays the pre-NFP anxiety in markets during early Friday as it seesaws around 1.2530 by the press time. In doing so, the Cable pair a
The USD/CAD pair is demonstrating back-and-forth action below 1.3450 in the Tokyo session. The Loonie asset has muted after a perpendicular sell-off a
Australia Home Loans came in at -3.8%, below expectations (3%) in April
Australia Investment Lending for Homes: -0.9% (April) vs previous 3.7%
Bank of Japan Governor Haruhiko Kuroda said that it will take some time to reach the 2% price goal. He added that he can't say when the 2% goal will b
In recent trade today, the People’s Bank of China (PBOC) set the yuan at 7.0939 vs. the prior close of 7.0990. About the fix China maintains strict co
The EUR/JPY pair has climbed above the immediate resistance of 149.50 in the Asian session. The cross remained sideways but is looking to extend its u
Silver Price (XAG/USD) retreats the weekly top of $23.92, mildly offered amid Friday’s Asian session, as the metal buyers jostle with the 50-day Expon
AUDUSD advanced mid-week and extended the gains on Thursday´s New York session as the US Dollar tumbled. AUD was helped by better China factory data a
USD/JPY pares weekly losses around 138.85-90 during early Friday’s boring session as traders await the US jobs report amid a light calendar in Japan.
Gold price (XAU/USD) has sensed marginal selling pressure after failing to sustain above the crucial resistance of $1,980.00 in the Asian session. The
EUR/USD seesaws around 1.0760 during Friday’s sluggish Asian session, after rising the most in nearly two months the previous day. In doing so, the Eu
Australia's central bank will keep key interest rate unchanged at 3.85% on Tuesday despite inflation staying well above the target range,” per the lat
WTI crude oil fades upside momentum around $70.00 during early Friday in Asia, after rising the most in one month the previous day. In doing so, the O
The US Dollar Index (DXY) is auctioning below the crucial support of 103.60 in the Tokyo session. The USD index was heavily dumped by the market parti
Japan Monetary Base (YoY) came in at -1.1%, above expectations (-2.3%) in May
"The US Senate will vote on a bill to suspend the US government's $31.4 trillion debt ceiling on Thursday night," per Senate Majority Leader Chuck Sch
NZD/USD buyers take a breather at the weekly top surrounding 0.6070 as downbeat New Zealand (NZ) data prods upside momentum during early Friday in Asi
The USD/CHF pair is in a declining stage in early Asia and is expected to drop further toward the crucial support of 0.9050. The Swiss Franc asset wit
Argentina Tax Revenue (MoM) climbed from previous 2551.51B to 3178.45B in May
South Korea Gross Domestic Product Growth (YoY) registered at 0.9% above expectations (0.8%) in 1Q
South Korea Consumer Price Index Growth (YoY) in line with forecasts (3.3%) in May
South Korea Consumer Price Index Growth (MoM) above expectations (0.25%) in May: Actual (0.3%)
South Korea Gross Domestic Product Growth (QoQ) meets expectations (0.3%) in 1Q
USD/CAD aptly portrays the pre-data anxiety while making rounds to 1.3450 amid early Friday in Asia, at the lowest levels in two weeks by the press ti
New Zealand Terms of Trade Index meets forecasts (-1.5%) in 1Q
AUD/JPY climbs after finding support around the Kijun-Sen line at 90.53, rising above the 91.00 figure, sponsored by traders’ appetite for riskier ass
The GBP/USD pair is oscillating after a stalwart rally above the psychological resistance of 1.2500 in the early Tokyo session. The Cable has turned s
AUD/USD buyers take a breather at the weekly top, making rounds to 0.6565-75 after rising the most in seven weeks the previous day. That said, the Aus
USD/MXN dropped sharply, as the Mexican Peso (MXN) was bolstered by hawkish remarks by Bank of Mexico (Banxico) policymakers, while its minutes show t
The EUR/USD pair has turned sideways after a massive rally to near 1.0760 in the early Asian session. The major currency pair is looking to shift its
Gold Price (XAU/USD) remains on the front foot at the weekly high, making rounds to $1,975-77 amid early Asian session on Friday following the two-day
The GBP/JPY traded with gains around the 173.80 area in Thursday’s session. The Sterling Pound strengthened against its major rivals while the Japanes
USD/JPY was on the offer on Thursday with the US Dollar on track for its worst daily loss in nearly a month. US manufacturing data and comments by Fed
United States Total Vehicle Sales fell from previous 15.9M to 15.1M in May
During the Asian session, Australia released its April Home Loan data. The key report of the day will be the US Nonfarm Payroll. The US dollar remains