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Market News
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USD/JPY holds above 160 as yield gap supports drift towards 160.75, UOB says
SD/JPY stayed above 160.00 and finished slightly firmer, closing around 160.29–160.25 after an early New York dip to 159.82 and a push up to 160.34. The pair had traded between 159.70 and 160.07 the previous Thursday, and UOB’s 24-hour view had been for a 159.65–160.15 range. The latest move left it up 0.17%, with near-term
June 8, 2026 -
Bearish EUR/USD outlook strengthens following post-NFP selloff
EUR/USD finally looks ready to resume lower as the market broke sharply down on Friday following the strong NFP report from the US. We can see that price is now trading below the four hour trend line support connected from the March lows, which likely suggests that we are continuing lower into wave C. This
June 8, 2026 -
Silver in steep downtrend with bearish engulfing: Live levels
Silver (SI) is trading at $67.34 on the 1-hour chart, deep in a high-volatility downtrend with a fresh bearish engulfing candle confirming momentum. Bulls are seeing oversold signals, but the technical deck remains stacked for bears—unless $66.30 holds as a hard floor, expect more pressure below. Bearish Bias: The trend is relentless—confirmed by an ADX
June 8, 2026 -
Gold needs these 3 catalysts to start climbing again
Gold prices have slipped to a multi-week low as the metal continues to struggle for direction in a macro environment still dominated by elevated real yields, a firm dollar and shifting inflation expectations. XAU/USD prices fell 0.9% today to trade below the $4,300 handle, while Gold Futures are down as much as 1.2%. “We reckon
June 8, 2026
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