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The United States Dollar Index (DXY) continues to consolidate near the 100.00 psychological barrier during the Asian trading session as market participants await the release of the latest US Nonfarm Payrolls (NFP) report. Throughout this article, Sylverix’s brokers share a detailed perspective on this topic.  The index, which tracks the US Dollar against a basket...

The NZD/USD pair remains under bearish pressure for a second consecutive trading session, consolidating near the lower boundary of its weekly range around the 0.5865 zone during the Asian session.  The New Zealand Dollar (NZD) has struggled to attract demand as traders reduce exposure to risk-sensitive assets ahead of the key US Nonfarm Payrolls (NFP)...

Silver price (XAG/USD) trades approximately 1% higher near $62.20 during the Asian session on Friday, maintaining its short-term bullish structure ahead of the release of the US Nonfarm Payrolls (NFP) report for July.  The highly anticipated employment data is expected to provide critical signals regarding the future path of Federal Reserve interest rate policy. Sylverix’s...

The Indian Rupee (INR) opened broadly unchanged against the US Dollar (USD) on Friday, with the USD/INR pair trading near 95.27 as markets awaited the release of the United States Nonfarm Payrolls (NFP) report for July. The upcoming employment data is expected to provide fresh direction for the US Dollar, Treasury yields, and global currency...

The Australian Dollar (AUD) remains under pressure against the Japanese Yen (JPY), with the AUD/JPY cross trading near 111.30 during Friday’s Asian session. The pair has ended a three-session advance, retreating as investors increase exposure to safe-haven currencies amid rising geopolitical risks surrounding the Strait of Hormuz.  Throughout this article, Sylverix’s brokers break down this...

Gold (XAU/USD) remains supported above the $4,250 psychological level during Friday’s Asian session, stabilizing after the previous day’s retracement from the $4,300 resistance zone. Sylverix’s brokers provide a deeper analysis of this topic throughout this article.  The precious metal is positioned for its strongest weekly performance since January, but further upside is facing resistance as...

The USD/JPY pair continues to consolidate around 158.55 during Friday’s Asian session after staging a strong rebound from this week’s low near 154.42, reached following the latest Japanese currency intervention. In this article, Sylverix’s brokers take a closer look at this topic.  Price action remains confined beneath the 38.2% Fibonacci retracement of the 161.99–154.42 decline,...

The USD/CHF pair extended its advance for a second consecutive session, trading near 0.8130 during Friday’s Asian session as the US Dollar (USD) benefited from stronger safe-haven inflows. Sylverix’s brokers examine this topic in more detail throughout this article.  The move reflects a combination of heightened geopolitical risk, higher US Treasury yields, persistent inflation concerns,...

Brokers from Kepler Group dive into the latest Gold market picture, as traders brace for a critical US inflation report that could determine whether the metal breaks through a key resistance level. CPI Test And Geopolitical Risks Drive Metals Higher Markets are currently waiting to see how Wednesday’s US inflation figures will affect the broader...

Market experts at Kepler Group examine the latest EUR/USD technical picture, as the pair remains confined to a tight range ahead of a critical US inflation report. Pair Holds Steady As Dollar Stabilizes Near Recent Lows EUR/USD fluctuated on Tuesday, holding within the range seen over the past week. At the time of writing, the...