EUR/NOK Exchange rate

AUD/USD set aside Wednesday’s small gains and resumed its downtrend, always against the backdrop of the multi-week consolidative range in place since mid-April. So far, the pair remains supported by the 0.6400 region, while the upside appears capped by the 0.6500 region.

EUR/USD reversed three consecutive daily advances, returning to the 1.1250 zone following weekly peaks in the 1.1360-1.1370 band. The correction in spot came in response to the resurgence of the bid bias in the US Dollar, particularly underpinned by better-than-expected US business activity measures.

Gold now seems to have embarked on a daly consolidative phase around the $3,300 mark per troy ounce amid the firm performance of the Greenback. However, a cautious market mood is helping to limit the downside for the precious metal.

On March 6, 2025, U.S. President Donald Trump signed an executive order establishing a strategic Bitcoin reserve and digital asset stockpile for the United States government.

Retail optimism is rising, but institutions are still treading carefully amid lingering macro and earnings risks. Policy and fiscal uncertainty remain elevated, with trade tensions, U.S. debt concerns, and a cautious Fed dominating the backdrop.