Oracle after earnings, stock bounce could fizzle, AUD on the move [Video]

Kim Cramer Larsson KCL Consult

Oracle higher after earnings. Indices bounce likely to fizzle. AUDJPY & AUDUSD pushing higher. Dollar Index key resistance. Gold & Silver range bound? Crude Oil & NatGas range bound.

Author

Kim Cramer Larsson

KCL Consult

Kim Cramer Larsson hosts the Daily Technical Update, a daily 15-20 minutes video with live charts.

British Pound surges against US Dollar ahead of US NFP data

The British Pound trades 0.5% higher to near 1.3340 against the US Dollar during the European trading session on Thursday. The GBP/USD pair reflects strength as the US Dollar underperforms its peers ahead of the United States Nonfarm Payrolls data for June, which will be published at 12:30 GMT.

EUR/USD climbs above 1.1400 ahead of US NFP

EUR/USD trades in positive territory above 1.1400 in the European session on Thursday, supported by the renewed selling pressure surrounding the US Dollar. Investors await the June employment report from the US, which will feature the critical Nonfarm Payrolls data.

Gold extends recovery toward $4,100 ahead of key US data

Gold (XAU/USD) gathers bullish momentum and rises toward $4,100 in the European session on Thursday. The US Dollar (USD) stays under selling pressure and allows XAU/USD to push higher as market focus shifts to June employment data from the US.

Easing ETF flows and retail demand edge HYPE to make-or-break stage

Hyperliquid price continues to coil, struggling to find direction as it edges higher, after two consecutive days of losses. Institutional demand, a key driver for altcoins in recent times, eases for HYPE with minimal inflows following a $108 million surge last week. Easing retail demand doubles down on HYPE as Open Interest declines 4% in 24 hours.

Nonfarm Payrolls set to grow by over 100K in June, reinforcing bets of upcoming Fed rate hikes

The United States Bureau of Labor Statistics will release the Nonfarm Payrolls data for June on Thursday at 12:30 GMT. Investors expect NFP to rise by 110K following three consecutive months of surprisingly strong increases. Investors are pricing in a hawkish Federal Reserve policy outlook with the new Chairman Kevin Warsh at the helm.

Kevin Warsh offers no policy clues: Why markets still got their answer

Financial markets came to Sintra looking for clues about the Federal Reserve's (Fed) next move. They largely left with confirmation that Fed Chair Kevin Warsh intends to make those clues much harder to find.