EUR/USD is bouncing from 1.17 support but remains trapped in a tight range ahead of Friday’s US jobs report and ongoing bond-market volatility.

Bitcoin is drifting lower but remains constructive above $72,000, with traders watching for a V-shaped bounce to retest the 200-day EMA and $84,000.

Indian authorities have stepped up efforts to protect the country’s foreign-exchange reserves and stabilize the Indian Rupee. Gold purchases are one area in focus, but the crackdown on the precious metal could end up creating a bigger problem than the one it is trying to solve.

Gold is in a bullish consolidation phase in Asia on Thursday, following the recent pullback from three-week highs of $4,774.

A 6% Producer Price Index print, the hottest in nearly four years, landed on a market that has spent most of 2026 quietly preparing for the wrong policy regime.

Copper price surged to record highs, nearing $14,200 per ton in May, as AI-driven demand collided with mounting supply fears linked to the Middle East war. The rally could have major implications for Australia, one of the world’s largest mining economies.