Forex Daily Forecast, Analysis and Prediction

Despite the recent strength of the US dollar following stronger-than-expected US jobs data, which has dampened any expectations of imminent US rate cuts, the GBP/USD currency pair has shown remarkable resilience.

Gold futures plunged at the end of the first trading week of June, supported by a hotter-than-expected U.S. jobs report that pushed up U.S. Treasury yields and the U.S. dollar.

The US dollar has rallied rather significantly during the course of the trading session on Friday as the jobs number in the United States came out rather strong, much harder than anticipated.

The Nasdaq 100 initially plunged during the trading session on Friday as the jobs numbers in the United States came out hotter than anticipated.

The Australian dollar has crumbled during the trading session on Friday, as we have seen the US dollar take off to the upside.

The USD/MXN has seen a bullish surge higher as financial institutions have become nervous due to the election results in Mexico.

Silver has absolutely plummeted during the trading session on Friday. As we have seen jobs numbers coming out hotter than anticipated in the United States.

Gold has gotten absolutely pummeled on Friday after the jobs report came out hotter than anticipated.

The USD/ZAR is trading around the 18.85400 ratio with a steady display of fluctuations early this morning.

The US dollar rallied rather significantly during the trading session on Friday as the jobs number in America came out stronger than anticipated.

The US dollar initially pulled back just a bit against the Norwegian krone on Friday, but turned around as the jobs numbers came out hotter than anticipated.

The Swiss franc is pulled back just a bit during the trading session on Friday against the Japanese yen, near the ¥175 level.

Price action is stuck between $67,000 and $72,000.

The British pound has gone back and forth.

The British pound has rallied a bit.