#EUR/USD regained traction and approached the 1.0900 zone after the cautious cut from the #ECB at its event on Thursday. #Germany’s Balance of Trade results are due on June 7 along with another estimate of Q1 #GDP Growth Rate in the broader #Euroland and a speech by the #ECB’s #Lagarde.
#GBP/USD added to Wednesday’s uptick and traded at shouting distance from the key 1.2800 hurdle. June 7 will only see the release of the Halifax House Price Index.
#USDJPY partially faded Wednesday’s firm performance on the back of the weaker dollar and pale #US yields. Household Spending, the preliminary Coincident Index and the #Leading#Economic Index will be unveiled on June 7.
#AUD/USD regained its smile and left behind two straight sessions of losses, retesting two-day highs near 0.6680. The #Australian docket will be empty on June 7.
#Gold Prices advanced to two-week highs near $2,380 per troy ounce following the softer dollar, marginal moves in #US yields, and expectations of rate cuts by the #Fed sooner than anticipated.
#Silver extended its gains and climbed to four-day tops beyond the $31.00 mark per ounce.