AUDUSD is extending recovery from two-month lows toward 0.6600 early Asia this Friday. The Aussie shrugs off the dovish RBA's Monetary Policy Statement (MPS) amid a fresh decline in the US Dollar across the board. China policy measures and US NFP data awaited.
EURUSD attracts some buying for the second straight day, though lacks bullish conviction. A positive risk tone prompts some USD profit-taking and lends some support to the major. Elevated US bond yields should limit losses for the buck and cap the pair ahead of the NFP.
Gold price portrays the typical pre-data consolidation as market braces for the United States employment report for June, up 0.10% intraday near $1,935 during early Friday. The XAUUSD price recovers from the lowest level in three weeks, marked the previous day.
Disclaimer: The content above represents only the views of the author or guest. It does not represent any views or positions of FOLLOWME and does not mean that FOLLOWME agrees with its statement or description, nor does it constitute any investment advice. For all actions taken by visitors based on information provided by the FOLLOWME community, the community does not assume any form of liability unless otherwise expressly promised in writing.
FOLLOWME Trading Community Website: https://www.followme.com
Hot
No comment on record. Start new comment.