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Silver price (XAG/USD) plummets below the psychological support of $30.00 in Friday’s New York session.

FxstreetJun 7, 2024

Silver Price Forecast: XAG/USD nosedives below $30 as strong US NFP report boosts US yields

United States Wholesale Inventories came in at 0.1% below forecasts (0.2%) in April

FxstreetJun 7, 2024

United States Wholesale Inventories came in at 0.1% below forecasts (0.2%) in April

USD/JPY spikes higher by over half a percent in the minutes following the release of US Nonfarm Payrolls (NFP) data, on Friday.

FxstreetJun 7, 2024

USD/JPY catapults higher following the release of US Nonfarm Payrolls

FxstreetJun 7, 2024
United States Labor Force Participation Rate: 62.5% (May) vs previous 62.7%
FxstreetJun 7, 2024
United States Unemployment Rate registered at 4% above expectations (3.9%) in May
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FxstreetJun 7, 2024
Canada Unemployment Rate in line with expectations (6.2%) in May
FxstreetJun 7, 2024
United States Nonfarm Payrolls above expectations (185K) in May: Actual (272K)
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FxstreetJun 7, 2024
Canada Net Change in Employment above forecasts (22.5K) in May: Actual (26.7K)
FxstreetJun 7, 2024
Canada Capacity Utilization below forecasts (78.8%) in 1Q: Actual (78.5%)
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Economic Indicator

United States Labor Force Participation Rate: 62.5% (May) vs previous 62.7%

United States Labor Force Participation Rate: 62.5% (May) vs previous 62.7%
Fxstreet
Jun 7, 2024
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Economic Indicator

United States Unemployment Rate registered at 4% above expectations (3.9%) in May

United States Unemployment Rate registered at 4% above expectations (3.9%) in May
Fxstreet
Jun 7, 2024
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Economic Indicator

Canada Unemployment Rate in line with expectations (6.2%) in May

Canada Unemployment Rate in line with expectations (6.2%) in May
iconUSD/CAD
Fxstreet
Jun 7, 2024
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Economic Indicator

United States Nonfarm Payrolls above expectations (185K) in May: Actual (272K)

United States Nonfarm Payrolls above expectations (185K) in May: Actual (272K)
Fxstreet
Jun 7, 2024
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Economic Indicator

Canada Net Change in Employment above forecasts (22.5K) in May: Actual (26.7K)

Canada Net Change in Employment above forecasts (22.5K) in May: Actual (26.7K)
iconUSD/CAD
Fxstreet
Jun 7, 2024
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Economic Indicator

Canada Capacity Utilization below forecasts (78.8%) in 1Q: Actual (78.5%)

Canada Capacity Utilization below forecasts (78.8%) in 1Q: Actual (78.5%)
Fxstreet
Jun 7, 2024
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Economic Indicator

United States Average Hourly Earnings (YoY) above forecasts (3.9%) in May: Actual (4.1%)

United States Average Hourly Earnings (YoY) above forecasts (3.9%) in May: Actual (4.1%)
Fxstreet
Jun 7, 2024
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Economic Indicator

United States Average Weekly Hours in line with forecasts (34.3) in May

United States Average Weekly Hours in line with forecasts (34.3) in May
Fxstreet
Jun 7, 2024
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Economic Indicator

United States Average Hourly Earnings (MoM) came in at 0.4%, above expectations (0.3%) in May

United States Average Hourly Earnings (MoM) came in at 0.4%, above expectations (0.3%) in May
Fxstreet
Jun 7, 2024
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Economic Indicator

Canada Participation Rate unchanged at 65.4% in May

Canada Participation Rate unchanged at 65.4% in May
iconUSD/CAD
Fxstreet
Jun 7, 2024
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Economic Indicator

United States U6 Underemployment Rate remains at 7.4% in May

United States U6 Underemployment Rate remains at 7.4% in May
Fxstreet
Jun 7, 2024
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Economic Indicator

Mexico Core Inflation fell from previous 0.21% to 0.17% in May

Mexico Core Inflation fell from previous 0.21% to 0.17% in May
Fxstreet
Jun 7, 2024
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Economic Indicator

Mexico 12-Month Inflation rose from previous 4.65% to 4.69% in May

Mexico 12-Month Inflation rose from previous 4.65% to 4.69% in May
Fxstreet
Jun 7, 2024
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Economic Indicator

Mexico Headline Inflation declined to -0.19% in May from previous 0.2%

Mexico Headline Inflation declined to -0.19% in May from previous 0.2%
Fxstreet
Jun 7, 2024
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Commodities

Natural Gas bounces higher despite Norwegian exports back to full volumes

Natural Gas price (XNG/USD) trades marginally higher above $2.85 on Friday, extending this week’s positive move, with markets ignoring that the Norwegian Gas is flowing again in full volume towards Europe and the UK.
Fxstreet
Jun 7, 2024
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Technical Analysis

India FX Reserves, USD climbed from previous $646.67B to $651.51B in May 27

India FX Reserves, USD climbed from previous $646.67B to $651.51B in May 27
Fxstreet
Jun 7, 2024
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Commodities

Oil Price Analysis: Short-term downtrend unfolds within falling channel

WTI Oil price (OIL) has been trending lower in a channel since the beginning of April.
iconWTI
Fxstreet
Jun 7, 2024
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