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Gold’s breakout loses steam, but the overall bullish trend in XAU/USD remains supported by macro uncertainty and central bank cues.
AUD/USD and NZD/USD fall after weak jobs data, while USD/JPY holds near key resistance amid US economic focus.
USD/JPY and AUD/USD trends hinge on US inflation data, central bank policy signals from the Fed and BoJ, and ongoing trade tensions.
CIBC forecasts gold to hit the $3,600 by end-2025, citing global tariff uncertainty and rising safe-haven demand.
USD/JPY remains firm near multi-week highs as traders await key US inflation data and clarity from the Bank of Japan.
June CPI data is expected to show faster inflation, potentially influencing the Fed’s next move. Markets brace for a volatile reaction.
Silver (XAG/USD) retreats after reaching a multi-month high, as the selling pressure emerges the near key resistance.
AUD/USD, NZD/USD, and USD/JPY trade steady as markets brace for key US inflation data and potential tariff surprises.
Silver prices jump past $38.50 as copper tariffs raise industrial demand outlook and safe-haven interest grows.
USD/CAD holds near 1.3700 as strong Canadian jobs data is overshadowed by rising US tariff threats, capping loonie gains.