NEWS | 09/01/2025 23:51:11 GMT
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By FXStreet Team
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Editors’ Picks
AUD/USD: Next stop comes at 0.6570
AUD/USD advances for the fifth consecutive day on Monday, climbing to three-week highs and extending its weekly recovery past the key 0.6500 hurdle, always on the back of the continuation of the downward trend in the US Dollar. Australia’s quarterly Current Account figures are due early on Tuesday.
Gold looks consolidative below $3,500
Gold’s bid bias remains constant on Monday, hovering around $3,480 per troy ounce. The precious metal’s ongoing advance is bolstered by prospects of Fed rate cuts in the second half of the year, while the US Dollar’s offering attitude also helps.
All eyes on NFP report as Fed rate cut bets intensify
Will August jobs report shock again? It’s almost one month ago that the July payrolls numbers generated not just considerable volatility in the markets but also a lot of controversy, as it offended President Trump’s record on the economy.
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