This week, oil quotes were trading in an uptrend. Investors were optimistic, hoping for a gradual opening of the American and European economies, which should have contributed to increased demand for energy.
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On Thursday, the pair showed an ambiguous dynamics amid the publication of mixed statistics from the United States.
Today, during the Asian session, gold prices are consolidating. Yesterday, the instrument showed moderate growth, despite the publication of a large number of positive US macroeconomic statistics. In particular, investors were optimistic about the high value of the indicator of Nonfarm Payrolls for June.
Today, during the Asian session, the USD/JPY pair is trading ambiguous, consolidating near 107.50. Traders continue to analyze the June statistics on the US labor market, published yesterday.
AUD shows flat dynamics against USD during today's Asian session, trading near the previous local highs since June 24, updated the day before.
This week, the pair was growing and currently has reached 0.6935.
Yesterday, the EUR/USD pair strengthened amid the publication of negative for the US economy ADP Nonfarm Employment data for June. The indicator went below the forecast, amounting to 2.365M against the forecast of 3.0M, which could adversely affect consumption and impede economic growth. Disturbing news about new outbreaks of coronavirus in individual states is also exerting pressure on the dollar.
Today, during the Asian session, the GBP/USD pair grows slightly, trying to consolidate above 1.2500. Yesterday, GBP strengthened, continuing the upward trend of Tuesday, and almost completely ignored the poor UK statistics.
Today, during the Asian session, the USD/CAD pair is growing moderately, retreating from local lows since June 24, renewed yesterday.
NZD continues moderate growth against USD, approaching another resistance near 0.6500. Support for the instrument is provided by not the strongest USD.