U S Jobs Data

Gold and silver are facing renewed pressure after strong U.S. jobs data revived expectations that the Federal Reserve may keep policy tighter for longer. Traders are now watching CPI and PPI as the next major catalysts for XAU/USD and the broader precious metals market.

AUD/USD is hovering near the lower edge of a rising wedge after pulling back from its highest level since mid-June. Traders are watching U.S. employment data for the next catalyst, with support at 0.7020, 0.7010 and 0.6990 in focus.

Bitcoin is on track to end July with a gain of about 7.5%, even after sliding below $63,000 and facing pressure from rate-hike fears, higher bond yields, an AI-linked sell-off and a Coldcard security incident. Market participants say reduced leverage helped limit forced selling, while U.S. jobs data, Federal Reserve expectations and spot bitcoin ETF flows may shape the next move.

USD/ZAR is trading near 16.22850 in a lighter market as traders assess fading U.S. dollar momentum and shifting inflation expectations. Support at 16.21020 and resistance at 16.23100 frame the near-term outlook, with market depth expected to remain a key risk factor.

Bitcoin ETF optimism fades after over $1 billion in three days of outflows. BTC drops toward $90,000 as investors await U.S. jobs data and key legal decisions.

Solana holds the $130 support as new SOL ETFs push institutional assets toward $1B. Strong jobs data boosts risk sentiment. Can SOL break $160 and target $180? Full forecast and outlook.