Trading news
May 8, 2026
AUD/JPY Price Forecast: Advances on improved risk sentiment, holds bullish bias above 100-day EMA
The AUD/JPY cross trades in positive territory around 113.20 during the early European session on Friday. A potential truce between the United States (US) and Iran improves risk sentiment, supporting the Australian Dollar (AUD) against the Japanese Yen (JPY).
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May 8, 2026
Gold holds above $4,700, close to two-week top as USD bulls seem hesitant ahead of US NFP
Gold (XAU/USD) attracts fresh buyers following the previous day's pullback from over a two-week high and advances to the $4,732-$4,733 area during the Asian session on Friday. Despite renewed hostilities in the Strait of Hormuz, investors seem hopeful over a potential US-Iran peace deal.
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