Friday, July 3rd
NZD/USD is quoted at 0.6696 after Non-farm Payrolls data sent the pair little lower. The number of people employed in the U.S. during the previous month (excluding the farming industry) fell to 223K. The unemployment rate in the U.S. is 5.3% – lower than expected. The data is mixed and doesn’t clearly indicate if American economy is gaining momentum for the awaited rate hikes in autumn.
AUD/USD reacted negatively on poor May’s retail sales data. The aussie is quoted at 0.7560 and the bearish trend is likely to continue next week.
GBP/USD wasn’t much affected by the British services PMI positive report. The cable is trading at 1.5613 after this week’s lows of 1.5561.
EUR/USD trade kept steady in Asia before the Greek referendum on Sunday.
The yen strengthened a little on Thursday. This morning USD/JPY is trading at 123.00 level. The support can be found at 122.20 and resistance at 123.75.
Ahead in the day, lower liquidity for precious metals is expected due to celebration of U.S. Independence Day. The regular trading conditions will resume on Monday, but be prepared for higher volatility amid Greek referendum.
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