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U.S. Dollar Gains Momentum Ahead of Key Jobs Data Amid Improving Risk Sentiment

Key Takeaways: *The U.S. dollar gained ahead of today’s ADP job data as the JOLT’s Job Opening data came beating market expectations. *Better-than-expected U.S. economic indicators bolster Wall Street sentiment. Market Summary: The U.S. dollar strengthened in the previous trading session as markets positioned themselves ahead of today’s crucial ADP employment report, a key precursorContinue Reading
Written on June 4, 2025 at 5:22 am
Categories: Daily Market Analysis
Tags: ADP, dollar, jolts, US, wall street
U.S. Manufacturing Slows | Eurozone CPI Ahead | Gold Nears $3390

Chart the Market (03/06/2025)

NZDUSD, H4: The NZDUSD pair has confirmed a significant bullish trend after finding strong support at the 61.8% Fibonacci retracement level (0.5940) and subsequently breaking out to fresh two-year highs above 0.6050. This decisive upward move suggests a structural shift in favor of continued appreciation, with the breakout potentially marking the beginning of a newContinue Reading
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