TRENDING:

XAU/USD

EUR/USD

EUR futures: further downside unlikely

Pablo Piovano FXStreet

According to CME Group’s advanced data for Thursday on open interest in EUR futures markets, traders scaled back their positions by nearly 1.2K contracts vs. Wednesday’s final 435,048 contracts, recording the second straight day with falling open interest.

EUR-Bulls need motivation to extend gains

EUR/USD seems to have found some decent contention in the 1.1380/70 band for the time being, although it still remain unable to re-visit recent tops near 1.1490. Recent news regarding the possibility that the ECB could announce some tapering at the September meeting seems to have found no echo in traders, leaving any potential catalyst for the next move to the US data releases due later in the day.

Activity in the futures markets continued to see flattening open interest against the backdrop of a sideline theme in prices, which could imply the idea that further consolidation is expected, at least in the very near term.

Author

Pablo Piovano

FXStreet

Born and bred in Argentina, Pablo has been carrying on with his passion for FX markets and trading since his first college years.

AUD/USD falls hard to test 0.7100 amid risk aversion

AUD/USD is under intense selling pressure in Friday's Asian trading, attacking the 0.7100 level. Broad risk-aversion amid US-Iran uncertainty, combined with weak Australian GDP data, weighs heavily on the higher-yielding Australian Dollar. All eyes now remain on the US NFP report for fresh impetus.

USD/JPY coiling up around 160.00 amid 'Yentervention' threats

USD/JPY sits glued near 160.00 in Asia on Friday, as the Japanese Yen remains supported by persistent 'Yentervention' threats by Japan's officials. However, the pair's downside remains capped by the Mideast tensions-led risk-off mood and the US Dollar's bullish consolidation.

Gold keeps testing 200-day SMA ahead of the key US NFP data

Gold is reversing a part of the previous rebound early Friday, back around the $4,450 level as markets trade with caution amid a deadlock in the Gulf conflict and ahead of the all-important US Nonfarm Payrolls data release.

DeFi hack losses drop 80% from 2022 peak as security defenses improve — Immunefi

Losses from decentralized finance exploits have fallen by 80% since reaching a record high in 2022, according to a report released by Immunefi. The report, which analyzed exploit-driven losses across major blockchain ecosystems between 2020 and 2025, found that DeFi protocol losses declined from $2.62 billion in 2022 to $534 million in 2024.

Nonfarm payrolls: Testing the limits of Fed policy patience

The upcoming nonfarm payrolls report for May will provide the final update on the US labor market before Kevin Warsh attends his first policy meeting as the new Fed Chair later this month.

Recession on paper: What really moves the Canadian Loonie now?

Statistics Canada handed the headline writers a gift and the analysts a headache. Real GDP shrank 0.1% on an annualized basis in the first quarter, and with the fourth quarter of 2025 revised down to a 1.0% contraction, that is two negative quarters in a row, the textbook definition of a technical recession and Canada's first since the pandemic.

EUR futures: further downside unlikely

Editor's Picks