Trusted by over 15 Million Traders
The Most Awarded Broker
for a Reason
market news
Small non-agricultural markets were "shocked" in June, and the US dollar index rebounded slightly
Wonderful introduction:
Life needs a smile. When you meet friends and relatives, you can give them a smile, which can inspire people's hearts and enhance friendship. When you receive help from strangers, you will feel www.xmh100.comfortable with both parties; if you give yourself a smile, life will be better!
Hello everyone, today XM Foreign Exchange will bring you "[XM Foreign Exchange Market Analysis]: Small non-agricultural market "shocked" in June, and the US dollar index rebounded slightly." Hope it will be helpful to you! The original content is as follows:
On July 3, early trading in the Asian market on Thursday, Beijing time, the US dollar index hovered around 96.75. On Wednesday, the US dollar index rebounded slightly, returning to above the 97 mark during the session, but then part of the gains were retold and finally closed up 0.13% to 96.77; the benchmark 10-year U.S. Treasury yield closed at 4.284%, and the 2-year U.S. Treasury yield closed at 3.797%. The weaker than expected "small non-farm" has sparked hope that the Fed will cut interest rates earlier. Spot gold broke through the $3350 mark during the US session and finally closed up 0.55%, closing at $3357.15/ounce; spot silver finally closed up 1.46%, at $36.54/ounce. As Iran suspended cooperation with the United Nations nuclear monitoring agency, the United States and Vietnam reached a trade agreement, and the two oils rose by 3% during the day. WTI crude oil began to rise during the European session and returned to above $66 in the US session, and finally closed up 2.82% to $66.62 per barrel; Brent crude oil closed up 2.7% to $68.73 per barrel.
Analysis of major currencies
Dollar Index: As of press time, the US dollar index hovers around 96.75. Although the dollar was under pressure ahead of the release of key U.S. labor market data on Thursday and concerns about trade persisted, the dollar showed signs of recovery and made a meaningful rebound on Wednesday, riding from multi-year lows against other currencies. Technically, if the US dollar index rises above the 97.00 level, it will move towards the 50MA of 97.54.
Gold and crude oil market trend analysis
1)Gold market trend analysis
Gold trading around 3349.75 on Thursday. As traders prepare for the release of the latest non-farm employment (NFP) data in the United States (US), gold prices climbed cautiously during the North American period, which may be crucial to the interest rate path set by the Federal Reserve (Fed). The latest employment report disclosed by ADP shows that www.xmh100.companies will stop hiring instead of leaving employees when adapting to the current economic environment. News of Microsoft's layoffs of 9,000 employees paint a bleak outlook for the labor market outlook.
2) Crude oil market trend analysis
On Thursday, crude oil tradesCount around 66.37. The U.S. Energy Information Administration (EIA) weekly report released Wednesday showed crude oil inventories increased by 3.845 million barrels. The latest report was previously expected to show a 2 million barrel reduction. WTI crude oil has expanded its gains despite eases in supply concerns. The latest recovery began on Tuesday after a 12% decline last week.
Forex market trading reminder on July 3, 2025
①09:45 China's June Caixin Service Industry PMI
②14:30 Switzerland's June CPI monthly rate
③15:00 Ministry of www.xmh100.commerce held a regular press conference
④15:50 France's June service industry PMI final value
⑤15:55 Germany's June service industry PMI final value
>⑥16:00Eurozone's final service industry PMI in June
⑦16:30Eurozone's final service industry PMI in June
⑧19:30European Central Bank released minutes of June monetary policy meeting
⑨20:30U.S. unemployment rate in June
⑩20:30U.S. non-farm employment population after the June seasonal adjustment
20:30Number of initial unemployment claims in the week from the United States to June 28
20:30 >
20:30 The average annual rate of hourly wages per hour in June
20:30 The average monthly rate of hourly wages per hour in June
20:30 The U.S. May trade account
21:45 The U.S. Global Services PMI final value
22:00 The U.S. June ISM non-manufacturing PMI
22:00 The U.S. May factory orders monthly rate
22: 30 EIA natural gas inventories in the week from the United States to June 27
23:00 Fed Bostic delivered a speech on monetary policy. The next day, 01:00, the total number of oil drilling rigs in the week from the United States to July 4
The above content is about "[XM Foreign Exchange Market Analysis]: Small non-agricultural market "shocked" in June, and the US dollar index rebounded slightly". It was carefully www.xmh100.compiled and edited by the editor of XM Foreign Exchange. I hope it will be helpful to your trading! Thanks for the support!
Share, just as simple as a gust of wind can bring refreshment, just as a flower can bring fragrancePure. The dusty heart gradually opened, and I learned to share. Sharing is actually so simple.
Disclaimers: XM Group only provides execution services and access permissions for online trading platforms, and allows individuals to view and/or use the website or the content provided on the website, but has no intention of making any changes or extensions, nor will it change or extend its services and access permissions. All access and usage permissions will be subject to the following terms and conditions: (i) Terms and conditions; (ii) Risk warning; And (iii) a complete disclaimer. Please note that all information provided on the website is for general informational purposes only. In addition, the content of all XM online trading platforms does not constitute, and cannot be used for any unauthorized financial market trading invitations and/or invitations. Financial market transactions pose significant risks to your investment capital.
All materials published on online trading platforms are only intended for educational/informational purposes and do not include or should be considered for financial, investment tax, or trading related consulting and advice, or transaction price records, or any financial product or non invitation related trading offers or invitations.
All content provided by XM and third-party suppliers on this website, including opinions, news, research, analysis, prices, other information, and third-party website links, remains unchanged and is provided as general market commentary rather than investment advice. All materials published on online trading platforms are only for educational/informational purposes and do not include or should be considered as applicable to financial, investment tax, or trading related advice and recommendations, or transaction price records, or any financial product or non invitation related financial offers or invitations. Please ensure that you have read and fully understood the information on XM's non independent investment research tips and risk warnings. For more details, please click here
CATEGORIES
News
- 【XM Decision Analysis】--GBP/USD Forex Signal: Downward Momentum Slows
- 【XM Market Analysis】--Gold Analysis: Investors Ignore Overbought Signals
- 【XM Group】--AUD/USD Forex Signal: Falling Wedge Pattern Forms
- 【XM Market Review】--GBP/JPY Forecast: British Pound Tests 50 Day EMA Against Yen
- 【XM Market Analysis】--USD/INR Forecast: US Dollar Continues to Flex Against the