Societe Generale strategists highlight that EUR/GBP has completed a Head and Shoulders pattern and broken below its neckline around 0.8610, now seen as initial resistance. They note that GBP/USD outperformance versus EUR/USD has already pushed EUR/GBP below this level, with analysts pointing to next downside objectives at 0.8535/0.8520 and potentially 0.8475 if selling persists. Head

Silver price (XAG/USD) trades 0.9% higher to near $59.65 during the European trading session on Thursday. The white metal gains as the US Dollar (USD) slumps ahead of the United States (US) Nonfarm Payrolls (NFP) data for June, which will be published at 12:30 GMT. As of writing, the US Dollar Index (DXY), which tracks

WTI crude oil prices weakened during the European session on July 2, hitting a multi-month low of $67.45. Easing US-Iran tensions have significantly eroded the geopolitical risk premium that previously bolstered prices. While diplomatic progress in Qatar suggests short-term stability, Iran’s insistence on controlling the Strait of Hormuz creates medium-term uncertainty. Technically, the daily chart

Gold prices rose on Thursday as softer-than-expected ‌U.S. jobs data and lower oil prices eased inflation concerns, while investors awaited the nonfarm payrolls report for cues on the Federal Reserve’s policy path. Spot gold had risen 0.9% to $4,067.67 per ounce by ​0753 GMT, after touching its highest level since June 23 in the last