NEWS | 06/06/2025 12:30:38 GMT
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By FXStreet Team
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Editors’ Picks
How will US Dollar react to May Nonfarm Payrolls data? – LIVE
The US Bureau of Labor Statistics will release the May employment data on Friday, which will feature Nonfarm Payrolls and Unemployment Rate readings. Investors will scrutinize the details of the report and look for signs of a cooldown in the labor market, which could influence the Fed rate outlook.
EUR/USD retreats below 1.1450 ahead of US NFP data
EUR/USD loses its traction and trades marginally lower on the day below 1.1450 on Friday. The pair struggles to build on the ECB-inspired gains as the US Dollar (USD) benefits from the cautious market stance ahead of the highly-anticipated May employment data.
Gold holds steady above $3,350 as focus shifts to US employment report
Gold price retreats slightly from the daily top and trades with a mild positive bias, above the $3,350 level in the second half of the European session on Friday. The US Dollar gains some positive traction and moves away from its lowest level since April 22 set on Thursday, asmarkets gear up for the crucial US NFPreport.
GBP/USD keeps the red near 1.3550, US Nonfarm Payrolls eyed
GBP/USD remains under mild selling pressure near 1.3550 in the European session on Friday. The US Dollar holds the upper hand amid traders’ repositioning, weighing on the pair ahead of the all-important US Nonfarm Payrolls data for May.
Tesla stock down 17% as Musk-Trump breakup worries Wall Street
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Tesla (TSLA) stock is facing one of its worst trading sessions in a long time on Thursday. Shared closed above $332 on Wednesday, but at the time of writing late in the afternoon session, TSLA has traded below $274, suffering a 17% sell-off.
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