USD weakened, gold hit 4-week highs, major currencies rallied

From Investing.com: 2025-06-03 02:27:00

Yesterday, the USD weakened, with gold hitting 4-week highs and major currencies rallying against it. US Equities closed up, led by the Nasdaq, which gained 0.80%. Global indices also ended in the green after the USTR extended the deadline for some Chinese goods. In Forex, all majors rose against the USD, with the Euro leading at +1.30%. Oil prices surged, nearing $64 per barrel. Asia-Pacific currencies outperformed the USD, with the NZD breaking out of its range. The CAD consolidated, while Gold rallied on USD weakness. Today’s economic calendar includes RBA Minutes and US ADP Employment data. Fed speakers will also provide insights on the economy.



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