Recently, the dollar has slightly rebounded, steadily floating around just below 98.00. This Friday, the U.S. will release an important non-farm payroll report, which investors have high hopes for. This report will be the focus, while the unemployment rate data is also being closely watched. Additionally, the Fed's Goolsbee will also speak.



Recently, the US dollar index has seen a slight increase, reversing a minor decline caused by weak US Treasury yields. The non-farm payroll report is particularly noteworthy, as it is expected to create a stir this Friday. In addition to the non-farm data, the unemployment rate will also be announced.

At the same time, the euro against the dollar remained stable around 1.1650, waiting for the release of important data from the United States. Germany's factory orders, the revised GDP growth rate for the Eurozone in the second quarter, and the final data on employment changes in the Eurozone for the second quarter will also be announced in succession, enriching the economic calendar for the day.

The pound fluctuates in a narrow range of 1.3450-1.3440 against the dollar, as the dollar shows signs of recovery. UK retail sales and the Halifax House Price Index are expected to be the focus.

The USD/JPY has resumed its upward trend for the week, breaking through and testing the 148.00 level again, thanks to the steady rise of the dollar. Japan is set to release data on household spending, average cash earnings, and preliminary coincident and leading economic indices.

The Australian dollar against the US dollar is facing new downward pressure, approaching the 0.6500 area. Upcoming data on Australia's economic calendar will include trade balance and household spending figures.

The price of WTI crude oil in the United States continues to decline, currently refreshing a two-week low below $63 per barrel. Traders are continuing to assess the possibility of OPEC+ potentially increasing production.

Gold has halted its multi-day upward momentum, showing a pullback after approaching the historical high of $3,580 per ounce. Silver prices have also made a slight adjustment, after breaking above the highest level since the summer of 2011, exceeding $41 per ounce.

Disclaimer: This article is for informational purposes only and does not constitute investment advice. Past performance does not guarantee future results.
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