Oil managed to hold below the downtrend line early today to drop and close towards the support of 54.80.

The gold forecast remains tilted to the downside, aiming to test $4,400 as the dollar recovers ahead of the US NFP.

Global government bonds and US Treasuries surged during Asian trading hours, driven by bleak US economic data and escalating geopolitical tensions.

New car sales among American households making $75k or less have crashed by 30% since 2019. Car prices soared. Incomes didn’t.

Oil steadies after recent declines, with geopolitical tensions and data still in focus. EUR/USD holds steady ahead of US data.

Independence is at the top of the list of challenges facing the Fed as President Trump continues to appoint new members, including a new Chair in 2026.

USD/CHF continues to trade in a tight range, with the 0.79 level acting as firm support as the Swiss National Bank maintains its neutral stance.

Today’s economic calendar continues to focus on US jobs, with traders waiting patiently for tomorrow’s jobs report.