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Gold prices could fall if a rosy non-farm payrolls report further boosts Treasury yields after the US government temporarily raised the debt ceiling through early December.
The New Zealand Dollar has come under selling pressure, with near-term NZD/USD, NZD/JPY, NZD/CAD and NZD/CHF trends seemingly favoring the downside. Will losses persist?
Gold prices broke a multi-day losing streak and rallied before hitting Falling Wedge resistance. Inflation data and next week's non-farm payrolls report are on the radar for bullion traders.
Bitcoin is regaining strength as it tackles $45K and the dollar retreats.
The Australian Dollar took a hit but remained higher on the day versus the US Dollar after a big jobs report miss. The 146k jobs lost in August bolsters calls for a Q3 economic contraction.