JDFN Financial Network


               

 

Forex Daily

NZD/USD Price Forecast: Struggles to sustain above 61.8% Fibo retracement at around 0.5940

The NZD/USD pair trades marginally under pressure around 0.5935 during the late Asian trading session on Thursday.

Chinese Yuan reaches three-month highs as Trump-Xi meeting begins

USD/CNH continues its losing streak that began on April 30, reached a 39-month low of 6.7815, and is now trading around 6.7850 during the Asian hours on Thursday. Traders adopted a cautious stance as the high-stakes summit between Presidents Donald Trump and Xi Jinping began in Beijing.

Indian Rupee trades with caution ahead of Trump-Xi meeting outcome

The Indian Rupee (INR) holds onto almost week-long losses against the US Dollar (USD) in the opening session on Thursday.

Saudi Arabia Gold price today: Gold rises, according to FXStreet data

Gold prices rose in Saudi Arabia on Thursday, according to data compiled by FXStreet.

Gold gains momentum as markets brace for Trump–Xi summit outcome

Gold price (XAU/USD) trades in positive territory during the early European trading hours on Thursday. The precious metal edges higher as traders await the outcome of US President Donald Trump-Chinese President Xi Jinping summit in Beijing.

Market News

Gold Price Analysis: Pullback Accelerates Amid Fed Repricing, Retail Liquidation

Gold price analysis

Gold price analysis suggests the probability of further downside as the stronger dollar weighs on the precious metal. The new Fed Chair nomination has triggered a wave of deeper retracement in gold after a strong rally. Gold’s structural support remains intact as central banks still buy, while US-Iran tension also maintains a safe-haven demand. Gold...

The post Gold Price Analysis: Pullback Accelerates Amid Fed Repricing, Retail Liquidation appeared first on Forex Crunch.

AUD/USD Forecast: RBA Decision vs Hawkish Fed Risks Cap Near-Term Upside

my AUD/USD price analysis forecast

The AUD/USD forecast edges to the downside despite a hotter inflation print as the yields fell sharply, suggesting only a single RBA hike in the near term. Trump’s nomination of Kevin Warsh as the next Fed Chair lifts the US dollar, as markets view the decision as less dovish. COT positioning suggests reduced AUD longs,...

The post AUD/USD Forecast: RBA Decision vs Hawkish Fed Risks Cap Near-Term Upside appeared first on Forex Crunch.

EUR/USD Weekly Forecast: Bulls Fading from Multi-Year Top Ahead of ECB, NFP

my EUR/USD price analysis forecast outlook

The EUR/USD weekly forecast points to a corrective downside despite the pair ending the week with net gains, as the US dollar recovered slightly. Upbeat US PPI and the Fed’s hold in its recent meeting lent room to the falling dollar. The markets will closely watch the ECB rate decision and US employment data for...

The post EUR/USD Weekly Forecast: Bulls Fading from Multi-Year Top Ahead of ECB, NFP appeared first on Forex Crunch.

GBP/USD Weekly Forecast: Firm USD Risks Break of 1.37, Eyes on BoE, NFP

my GBP/USD forecast

The GBP/USD weekly forecast remains slightly subdued as the markets pared partial weekly gains amid dollar recovery and profit-taking. Fed’s data dependency and resilient UK economy continue to balance the GBP/USD. Market participants eye the US NFP and the BoE interest rate decision to gauge further directional bias. The GBP/USD price closed its second consecutive...

The post GBP/USD Weekly Forecast: Firm USD Risks Break of 1.37, Eyes on BoE, NFP appeared first on Forex Crunch.

Gold Outlook: Strong Selling Amid Firm Dollar Ahead of US PPI

Gold price analysis

The gold outlook remains slightly deteriorated after a 4% plunge in a single session amid profit-taking. The structural demand for gold stays intact, with institutional targets set at $6,200 by mid-2026. Gold’s path could be bumpy depending on US macroeconomic data releases. Gold has been experiencing increased volatility after breaking the $5,500 barrier. The metal...

The post Gold Outlook: Strong Selling Amid Firm Dollar Ahead of US PPI appeared first on Forex Crunch.

 
 
 

About

James Dicks created this Ning Network.

© 2026   Created by James Dicks.   Powered by

Badges  |  Report an Issue  |  Terms of Service