US markets are closed today for Memorial Day\u200a\u2014\u200athe week opens with thin liquidity and month-end rebalancing flows, conditions that historically produce outsized moves on little volume. Trade carefully until\u00a0Tuesday.<\/p>\n
\ud83d\udcb5 USD\u200a\u2014\u200aSix-Week High, But\u00a0Slipping<\/strong><\/p>\n DXY hit ~99.3 Friday but slides to ~99.0 Monday as Iran deal optimism weighs. The Fed held rates at 3.50\u20133.75% in a split 8\u20134 vote in late April; markets price just a 2.6% chance of a June cut. Medium-term outlook stays soft\u200a\u2014\u200aEUR\/USD targets 1.19\u20131.21 by year-end, GBP\/USD already above 1.35 for the first time since early 2022. Key data: Consumer Confidence + Durable Goods (Tue), FOMC Minutes (Wed), Q1 GDP Final + Core PCE (Thu). PCE is tipped at 3.8% YoY\u200a\u2014\u200anearly double the Fed\u2019s\u00a0target.<\/p>\n \ud83e\ude99 Gold\u200a\u2014\u200a~$4,562, Floor\u00a0Holding<\/strong><\/p>\n Down ~18% from January\u2019s all-time high near $5,600 but still up ~40% year-on-year. Last week\u2019s dip to $4,450 was quickly bought. Central banks are on track to buy ~755 tonnes in 2026\u200a\u2014\u200aa structural floor. Thursday\u2019s PCE and GDP are the key triggers this week. Goldman Sachs targets $5,400, J.P. Morgan $5,000+ by year-end.<\/p>\n \ud83d\udee2\ufe0f Oil\u200a\u2014\u200aEvery Headline Moves It\u00a0$3\u20135<\/strong><\/p>\n Brent closed Friday at $103.54, WTI at $96.60\u200a\u2014\u200aboth down 5\u20138% on the week. Monday\u2019s open: Brent -5.5% to ~$98.52, WTI -5% to ~$91.76, after Trump said a US-Iran deal was \u201clargely negotiated.\u201d The Strait of Hormuz\u200a\u2014\u200athrough which ~20% of global oil and LNG flows\u200a\u2014\u200ahas been closed since late February. A confirmed deal pushes Brent toward $80\u201385; a breakdown spikes it back above\u00a0$105.<\/p>\n \ud83d\udcc5 This Week:<\/strong> Tue\u200a\u2014\u200aConsumer Confidence, Durable Goods | Wed\u200a\u2014\u200aFOMC Minutes | Thu\u200a\u2014\u200aQ1 GDP, Core PCE, Jobless Claims | Fri\u200a\u2014\u200aChicago PMI, Michigan Sentiment<\/p>\n \u26a1 Size down and use stops\u200a\u2014\u200amonth-end thin liquidity amplifies every\u00a0move.<\/p>\n \ud83d\ude80 Trade these markets with NordFX: \ud83d\udc49 https:\/\/my.nordfx.com\/en\/registration?utm_source=social&utm_medium=post&utm_campaign=nordfx<\/a><\/p>\n Not financial advice. Trading involves significant risk of\u00a0loss.<\/em><\/p>\n \ud83d\udcca NordFX | Thin Liquidity and Month-End Flows: USD, Gold and Oil into June<\/a> was originally published in Coinmonks<\/a> on Medium, where people are continuing the conversation by highlighting and responding to this story.<\/p>","protected":false},"excerpt":{"rendered":" US markets are closed today for Memorial Day\u200a\u2014\u200athe week opens with thin liquidity and month-end rebalancing flows, conditions that historically produce outsized moves on little volume. Trade carefully until\u00a0Tuesday. \ud83d\udcb5 USD\u200a\u2014\u200aSix-Week High, But\u00a0Slipping DXY hit ~99.3 Friday but slides to ~99.0 Monday as Iran deal optimism weighs. The Fed held rates at 3.50\u20133.75% in a […]<\/p>\n","protected":false},"author":0,"featured_media":170214,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-170213","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-interesting"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/170213"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=170213"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/170213\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/170214"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=170213"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=170213"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=170213"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}