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Market News

  • USD/CHF Price Forecasts: Rejected at 0.7800, approaches two-month lows at 0.7765

    The US Dollar (USD) resumes its broader bearish trend against the Swiss Franc (CHF) on Friday, reversing Thursday’s gains and reaching levels a few pips above the two-month lows of 0.7765, as the market shifts its focus to the US Nonfarm Payrolls (NFP) report, due later on Friday. In Switzerland, the weak SECO Consumer Climate

    May 8, 2026
  • EURUSD up 0.4% before the NFP

    The April NFP report on the US labour market is due to be released at 14:30, and will serve as a significant test for the dollar, which has been losing ground in recent days. The US currency remains under pressure despite this morning’s headlines, which cast doubt on the sustainability of the US-Iran ceasefire. March

    May 8, 2026
  • Oil prices jump again as US-Iran fighting resumes and Hormuz fears grow

    Global oil prices rose again today, May 8, after fighting resumed between the United States and Iran, according to Reuters. According to the agency, the renewed conflict has threatened the fragile ceasefire and shattered hopes for the reopening of the Strait of Hormuz, a key transit route for global oil and gas supplies. Brent crude

    May 8, 2026
  • Gold and silver prices today, Friday, May 8: Prices headed for weekly gain ahead of jobs report

    Gold (GC=F) June futures opened at $4,682.50 per troy ounce on Friday, down 0.6% from Thursday’s closing price of $4,710.90. The gold price moved higher in early trading. At 6:45 a.m. ET, the price of gold was $4,732.60. Silver (SI=F) May futures opened at $78.80 per ounce on Friday, down 1.7% from Thursday’s closing price

    May 8, 2026
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