Market News

EUR/USD is trading firmly above 1.1550, benefiting from broad dollar weakness following a disappointing US jobs report.

Gold and silver added a combined .7 trillion in value during their latest rally while bitcoin barely moved, with some pointing to yen-related dynamics as a factor.

Goldman Sachs is pushing back on claims that the dollar’s global dominance is structurally under threat following recent currency intervention headlines.

The US reportedly sold euros to help fund its yen intervention, a move BlackRock says carries genuine geopolitical risk after Europe learned of it after the fact.

The US Treasury is reportedly pushing the Fed to expand its FIMA repo facility, a tool that could make future currency defense efforts easier for allied central banks.

The yen has unwound roughly half its gains from a historic joint US-Japan intervention, slipping back past 158 per dollar as underlying rate differentials reassert themselves.

UBS forecasts gold could climb toward ,000 an ounce by the first half of 2027, extending a rally driven by dollar weakness and rate-cut expectations.

The US dollar slid to a seven-week low after a weak July jobs report, sending gold and silver sharply higher as traders priced in a more dovish Fed.