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Gold price (XAU/USD) attracts some follow-through buying for the second straight day and climbs to a two-week top, around the $2,373 area during the Asian session on Thursday.

FxstreetJun 6, 2024

Gold price jumps to two-week high amid firming Fed rate cut bets, weaker USD

The Bank of Japan (BoJ) board member Toyoaki Nakamura said on Thursday that based on current data, it is appropriate to maintain policy intact for the time being, per Reuters.

FxstreetJun 6, 2024

BoJ's Nakamura: Inflation may not reach 2% from FY 2025 on if consumption weakens

The People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead on Thursday at 7.1108, as against the previous day's fix of 7.1097 and 7.2436 Reuters estimates.

FxstreetJun 6, 2024

PBOC sets USD/CNY reference rate at 7.1108 vs. 7.1097 previous

FxstreetJun 6, 2024

Australia Building Permits (YoY) climbed from previous -2.5% to 3.5% in April

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FxstreetJun 6, 2024

Australian Dollar extends gains after higher Trade Balance

FxstreetJun 6, 2024

Australia’s Trade Surplus widens to 6,548M MoM in May vs. 5,500M expected

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FxstreetJun 6, 2024

Australia Imports (MoM) fell from previous 4.2% to -7.2% in May

FxstreetJun 6, 2024

Australia Investment Lending for Homes registered at 5.6% above expectations (-1.6%) in April

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FxstreetJun 6, 2024

Australia Trade Balance (MoM) came in at 6548M, above forecasts (5500M) in May

Economic Indicator

Australia Building Permits (YoY) climbed from previous -2.5% to 3.5% in April

Australia Building Permits (YoY) climbed from previous -2.5% to 3.5% in April

Fxstreet

Jun 6, 2024

Forex

Australian Dollar extends gains after higher Trade Balance

The Australian Dollar (AUD) retraced its recent losses on Thursday. The AUD/USD pair strengthened after the Trade Balance release in Australia, which widened to 6,548 million month-over-month in May, exceeding the expected 5,500 million and April's balance of 5,024 million.

Fxstreet

Jun 6, 2024

Economic Indicator

Australia’s Trade Surplus widens to 6,548M MoM in May vs. 5,500M expected

Australia’s trade surplus widens to 6,548MM MoM in May versus 5,500M expected and 5.024M in the previous reading, according to the latest Aussie foreign trade data published by the Australian Bureau of Statistics on Thursday.

Fxstreet

Jun 6, 2024

Economic Indicator

Australia Imports (MoM) fell from previous 4.2% to -7.2% in May

Australia Imports (MoM) fell from previous 4.2% to -7.2% in May

Fxstreet

Jun 6, 2024

Economic Indicator

Australia Investment Lending for Homes registered at 5.6% above expectations (-1.6%) in April

Australia Investment Lending for Homes registered at 5.6% above expectations (-1.6%) in April

Fxstreet

Jun 6, 2024

Economic Indicator

Australia Trade Balance (MoM) came in at 6548M, above forecasts (5500M) in May

Australia Trade Balance (MoM) came in at 6548M, above forecasts (5500M) in May

Fxstreet

Jun 6, 2024

Economic Indicator

Australia Home Loans registered at 4.3% above expectations (1.2%) in April

Australia Home Loans registered at 4.3% above expectations (1.2%) in April

Fxstreet

Jun 6, 2024

Economic Indicator

Australia Exports (MoM) down to -2.5% in May from previous 0.1%

Australia Exports (MoM) down to -2.5% in May from previous 0.1%

Fxstreet

Jun 6, 2024

Economic Indicator

Australia Building Permits (MoM): -0.3% (April) vs previous 1.9%

Australia Building Permits (MoM): -0.3% (April) vs previous 1.9%

Fxstreet

Jun 6, 2024

Forex

NZD/USD gains traction to three-month highs above 0.6200 on Fed rate cut bets

The NZD/USD pair extends the rally to three-month highs around 0.6205 on Thursday during the early Asian trading hours.

Fxstreet

Jun 6, 2024

Economic Indicator

New Zealand ANZ Commodity Price up to 1.1% in May from previous 0.5%

New Zealand ANZ Commodity Price up to 1.1% in May from previous 0.5%

Fxstreet

Jun 6, 2024

Forex

EUR/USD holds positive ground above 1.0850 ahead of ECB rate decision

The EUR/USD pair gains ground around 1.0875 despite the recovery of the US Dollar (USD) during the early Asian session on Thursday.

Fxstreet

Jun 6, 2024

Economic Indicator

Ireland Purchasing Manager Index Services climbed from previous 53.3 to 55 in May

Ireland Purchasing Manager Index Services climbed from previous 53.3 to 55 in May

Fxstreet

Jun 6, 2024

Economic Indicator

Japan Foreign Investment in Japan Stocks up to ¥282B in May 31 from previous ¥82.4B

Japan Foreign Investment in Japan Stocks up to ¥282B in May 31 from previous ¥82.4B

Fxstreet

Jun 5, 2024

Forex

GBP/USD resumes upside near 1.2800 on mixed US data, Fed rate cut expectation

The GBP/USD pair resumes upside near 1.2790 despite the rebound of US Dollar (USD).

Fxstreet

Jun 5, 2024

Forex

AUD/USD stays firm amid mixed US Data, ahead of Aussie’s Trade Balance

The Australian Dollar finished Wednesday’s session unchanged after mixed economic data from the United States fueled interest rate cut speculations by the Federal Reserve.

Fxstreet

Jun 5, 2024

Forex

NZD/JPY Price Analysis: Kiwi tebounds from 20-day SMA, yet consolidation looms

On Wednesday, the NZD/JPY pair saw a formidable rebound from the 20-day Simple Moving Average (SMA) at 95.50, launching upward towards 96.75.

Fxstreet

Jun 5, 2024

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