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US Dollar Index slides to two-day lows on gloomy NFP

The Greenback, when tracked by the US Dollar Index (DXY), rapidly left behind the area of recent lows and slipped back to the vicinity of the 99.00 neighbourhood at the end of the week.

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Euro rebounds sharply as US Nonfarm payrolls disappoint, rate cut bets surge

The Euro (EUR) reverses sharply against the US Dollar (USD) on Friday after the July Nonfarm Payrolls (NFP) report surprised to the downside, catching markets off guard.

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Canadian Dollar rebounds as dismal NFP data weighs on USD

The Canadian Dollar (CAD) erased a portion of its weekly losses against the US Dollar (USD) on Friday following the disappointing July employment report from the US. At the time of press, the USD/CAD pair was trading at 1.3795, losing about 0.5% on a daily basis.

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AUD/USD retargets 0.6500, Dollar melts post-NFP

The now widespread recovery in the risk-linked galaxy lends extra oxygen to the Australian Dollar (AUD), sending AUD/USD back to the proximity of the key resistance area around 0.6500 on Friday.

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USD/JPY slumps below 149.00 after weak US employment data

USD/JPY turned south in the early American session on Friday as markets reacted to the July employment data from the US. At the time of press, the pair was trading at 148.80 losing 1.3% on a daily basis.

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GBP/USD reclaims 1.3200 and beyond on poor US Payrolls

The Sterling now gathers some fresh traction and lifts GBP/USD back to the positive territory beyond 1.3200 the figure following the abrup loss of momentum in the Greenback in the wake of the publication of the US jobs report.

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US Copper tariff limited to semi-finished products - Commerzbank

The long-awaited clarification of US Copper tariffs has arrived. Once again, it turned out not to be as bad as feared, Commerzbank's commodity analyst Barbara Lambrecht notes.

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Silver Price Forecast: XAG/USD breaks below ascending channel support, NFP in focus

Silver (XAG/USD) continues to struggle under the weight of a stronger US Dollar, extending its decline from the 14-year high of $39.53 reached on July 23.

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Gold demand driven by investment demand in the 2nd quarter and first half of the year - Commerzbank

The World Gold Council has published data on Gold demand in the second quarter. At just under 1,250 tons, demand was a good 3% higher than in the previous year. Given that the price of Gold rose by more than 40% compared to the same quarter last year, this is remarkable.

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Gold declines after unexpectedly hawkish Fed meeting - Commerzbank

The Gold price continued to decline following the US Federal Reserve meeting on Wednesday, temporarily dropping significantly below the $3,300 per troy ounce mark, Commerzbank's Head of FX and Commodity Research Thu Lan Nguyen notes.

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Fed's Bowman: Upside risks to price stability have diminished

In a statement published on Friday, Federal Reserve (Fed) Governor Michelle Bowman explained why she voted in favor of a 25 basis points (bps) rate cut at the July policy meeting.

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JPY outperforming as haven demand returns following hiatus - Scotiabank

The Japanese Yen (JPY) is up a modest 0.2% against the US Dollar (USD) but outperforming all of the G10 currencies in classic risk off trade, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.

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Limited options for replacing Russian Oil - Commerzbank

It is not possible to completely replace Russian Oil supplies in any case, which is why effective sanctions would lead to significantly higher Oil prices, Commerzbank's commodity analyst Carsten Fritsch notes.

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Fed's Waller: Tariffs are one-time price event that policymakers should look through

In a statement published on Friday, Federal Reserve (Fed) Governor Christopher Waller explained why he voted in favor of a 25 basis points (bps) rate cut at the July policy meeting.

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GBP extending bear run - Scotiabank

The Pound Sterling (GBP) is weak, down 0.4% against the US Dollar (USD) and underperforming most of the G10 currencies as we head into Friday's NA session, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.

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USD/CNH to rise further to 7.2250 - UOB Group

Sharp rally appears excessive, but there is a chance for US Dollar (USD) to rise further to 7.2250 against Chinese Yuan (CNH), UOB Group's FX analysts Quek Ser Leang and Peter Chia note.

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Gold struggles near $3,300 as strong US Dollar cap upside, NFP in focus

Gold (XAU/USD) is treading water on Friday, hovering near $3,300 during the European trading hours as a resilient US Dollar (USD) caps gains in the precious metal.

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EUR consolidating above 1.14 for second consecutive session - Scotiabank

The Euro (EUR) is quietly consolidating just above 1.14 against US Dollar (USD), trading in an exceptionally tight range for a second consecutive session, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.

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NZD/USD: The next major support at 0.5845 is unlikely to come into view - Scotiabank

New Zealand Dollar (NZD) is expected to decline further to 0.5845, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.

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CAD's week-long slide extends - Scotiabank

The Canadian Dollar (CAD) continues the steady slide seen over the past week but has held up relatively well so far today in the face of President Trump's latest tariff moves, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.

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