US: Labor market’s recovery has entered a tricky phase – Wells Fargo
In May, job growth totaled 559.000, below market expectations. According to analysts at Wells Fargo,
USD: Dollar to remain weak as 10-year yield is still the key – MUFG
Analysts at MUFG Bank point out that the correlation between the US dollar and US
AUD/USD trades with modest gains, upside seems limited ahead of NFP
AUD/USD managed to find some support near the 0.7645 region amid oversold conditions. Thursday’s upbeat
Canada: Unemployment Rate rises to 8.2% in May, Net Change in Employment falls 68K
Unemployment Rate in Canada rose to 8.2% in May as expected. USD/CAD stays little changed
US: Factory Orders contract by 0.6% in April vs. -0.2% expected
Factory Orders in US declined at a stronger pace than expected in April. US Dollar
S&P revises Australia outlook to stable; affirms ‘AAA’ ratings
In its latest sovereign credit review, S&P Global ratings revised the outlook for Australia to
NZD/USD Price Analysis: Bears lurking at 21-day EMA
NZD/USD is pressing against a critical daily resistance. The daily 21-EMA is under pressure, failures
BOJ sees weaker near-term economy; recovery view intact – MNI
Bank of Japan (BOJ) officials predict a weaker Japanese economic outlook for April due to
China’s May Trade Balance: Surplus and exports grow, miss estimates
China's Trade Balance for May, in Yuan terms, came in at CNY296 billion versus CNY330.98
MATIC Price Prediction: Polygon looks to reverse, eyes 27% advance soon
MATIC price slipped below the 50% Fibonacci retracement level at $1.592 but is currently recovering.