FXStreet Forex
5 Jun 2026, 21:44 GMT
HIGH IMPACT
NZD/USD falls sharply towards the 0.5790 region on Friday as the US Dollar (USD) strengthened following a stronger-than-expected Nonfarm Payrolls (NFP) report, while the New Zealand Dollar (NZD) struggled to attract buyers amid a cautious market mood.
FXStreet Forex
5 Jun 2026, 20:21 GMT
HIGH IMPACT
The US Dollar (USD) rallied to near 100.10 on Friday, rising from a daily low of 99.16, after the US Nonfarm Payrolls (NFP) report showed the economy added 172K jobs in May, well above the 85K expected, reinforcing expectations that the Federal Reserve (Fed) could raise interest rates later this yea
FXStreet Forex
5 Jun 2026, 19:35 GMT
HIGH IMPACT
NZD/USD slips to its lowest level since April on Friday as the US Dollar (USD) receives fresh bids in the wake of solid US Nonfarm Payrolls (NFP) data. At the time of writing, the pair trades around 0.5800 and is heading for a weekly loss of nearly 3%.
FXStreet Forex
5 Jun 2026, 19:19 GMT
HIGH IMPACT
US Treasury yields skyrocket across the whole curve on Friday, with the 2-year Treasury note yield rising over 12 basis points, while the benchmark note, the 10-year, surges six basis points following an outstanding Nonfarm Payrolls report.
FXStreet Forex
5 Jun 2026, 17:50 GMT
HIGH IMPACT
The market walked into Friday's payrolls report braced for weakness, and the US Dollar Index (DXY) made it pay. Consensus looked for a soft 85K of new jobs in May, the kind of number that fits a cooling labor market and a Federal Reserve (Fed) edging toward cuts.
ForexLive
5 Jun 2026, 17:44 GMT
MEDIUM IMPACT
The EURUSD continues to slide lower after breaking below a key support zone between 1.15768 and 1.15872. That floor had held firm since May 20, with the pair finding support within the area on four separate trading days between May 20 and May 28. The decisive break below that zone shifted the technical bias more firmly in favor of the sellers.The move lower began earlier today when the pair broke beneath several important technical levels in quick succession, including the 200-hour moving averag...
FXStreet Forex
5 Jun 2026, 16:20 GMT
HIGH IMPACT
The Pound Sterling (GBP) falls below the 1.3400 figure on Friday, registering losses of 0.37% against the US Dollar (USD) after the latest Nonfarm Payrolls report in the US crushed estimates, backing the narrative that the economy may be close to full employment.
ForexLive
5 Jun 2026, 16:20 GMT
HIGH IMPACT
The stronger-than-expected U.S. jobs report has created an interesting tug-of-war between the White House, the market, and the Federal Reserve. President Trump wasted little time weighing in, arguing on Truth Social that a "great Jobs Report" should be bullish for stocks, not bearish, emphasizing that economic growth does not automatically translate into inflation. White House NEC Director Kevin Hassett echoed that sentiment, saying the jobs data is not foreshadowing higher inflation and that oi...
FXStreet Forex
5 Jun 2026, 16:02 GMT
HIGH IMPACT
Federal Reserve Bank of Cleveland President Beth Hammack said on Friday that it remains reasonable to keep interest rates steady for now, but she warned that if recent economic trends continue, policymakers may soon need to take action to address persistently high inflation.
FXStreet Forex
5 Jun 2026, 15:37 GMT
MEDIUM IMPACT
Nomura analysts expects the European Central Bank's (ECB) June macroeconomic projections to incorporate higher market rate assumptions and exclude May Harmonised Indices of Consumer Prices (HICP) data.
ForexLive
5 Jun 2026, 15:29 GMT
HIGH IMPACT
The Fed's Hammack is a hawk so her highlighting today's jobs report isn't a big surprise but it's notable as a sign of which way the wind is blowing on Fed policy.She wrote:The Federal Reserve’s inflation objective is 2 percent.That number isn’t just theoretical; price stability is a foundation for businesses, consumers, and investors to make sound economic decisions. It’s key to economic growth and maximum employment in the longer run. While I never make too much of any one data point, to...
FXStreet Forex
5 Jun 2026, 15:20 GMT
HIGH IMPACT
EUR/USD weakens on Friday as the US Dollar (USD) rallies following a stronger-than-expected US Nonfarm Payrolls (NFP) report. At the time of writing, the pair trades around 1.1559, slipping to two-month lows.
ForexLive
5 Jun 2026, 15:01 GMT
MEDIUM IMPACT
US stock markets opened lower and have continued to sell off.The S&P 500 is down 87 points or 1.1%, the Nasdaq Composite down 1.9% and the Russell 2000 down 1.5%.Futures were already negative but the selling accelerated after today's non-farm payrolls report. It showed the US adding 172K jobs in May compared to 85K expected. The March and April reports were also revised higher by a combined 72K jobs. When you zoom out, the US jobs picture looks suddenly firm and likely accelerating.This also dov...
FXStreet Forex
5 Jun 2026, 15:01 GMT
HIGH IMPACT
Kristian Nummelin at Nordea expects the European Central Bank to hike rates next week as elevated inflation and strong core momentum keep price pressures in focus. Markets are pricing a similar outcome.
FXStreet Forex
5 Jun 2026, 14:47 GMT
MEDIUM IMPACT
TD Securities’ Global Strategy Team expects the ECB to raise the deposit rate to 2.25% in response to persistently high energy prices.