AI Market Pulse, Friday, 6 November 2026

The AI’s last read of the day on each major currency, gold, silver, oil and bitcoin.

• USD

  USD bid after a 165K NFP blowout (f/c 65K). DXY back above 102.00, Dec Fed hike odds near 77%. Tue CPI is the test, with the hawkish path now largely priced.

  October NFP crushed forecasts at 165K vs 65K (prior 29K), unemployment fell to 4.1% and AHE ran hot at 0.4% MoM / 3.1% YoY.

• EUR

  EUR heavy into the weekend: blowout US NFP (165K vs 65K) plus weak EZ retail sales erased EUR/USD's weekly gains to ~1.1132. Sticky ECB December-hike pricing is the main cushion.

  EUR/USD slid from near 1.1270 to ~1.1132 (-0.77% on Friday).

• GBP

  GBP heavy vs USD after a blowout NFP (165K vs 65K) pushed GBP/USD to 1.3371, below 1.3400. A hawkish 9-0 BoE hike failed to lift sterling, and Pill's dovish hedge caps follow-through.

  US payrolls surged 165K vs 65K expected and unemployment fell to 4.1%, reviving Fed hike bets.

• JPY

  JPY two-way: risk-off and BoJ December-hike bets support the yen, while strong US NFP, Fed-hike pricing and falling JGB yields offset it. USD/JPY holds the 157–159 range near 158.30.

  The yen gave back its gains on Friday. USD/JPY rebounded from a weekly low at 157.26 to about 158.30 after stronger-than-expected US payrolls reinforced bets on a December Fed hike.

• CHF

  CHF firm on a hot Oct CPI (1.5% y/y) and haven demand after the US midterms. USD/CHF stuck at 0.8125-0.8185 after a >1% drop. Weak Swiss sentiment is tempering the hawkish-SNB story.

  USD/CHF traded flat to slightly higher in tight ranges around 0.8170 (doji, hesitant).

• AUD

  AUD heavy at 7-month lows after a strong US NFP and an AI-led risk-off rout. A dovish RBA hike removed rate support, though a crowded spec short caps follow-through.

  AUD/USD fell for a second day and broke below 0.6900 to a seven-month low near 0.6862 in European trade.

• CAD

  CAD sharply weaker: soft Canadian jobs plus a blowout US NFP erased the week's election-driven gains. USD/CAD near 1.4120, and the BoC hike narrative is now in doubt.

  USD/CAD climbed from ~1.4010 in Asia to ~1.4050 and then ~1.4073 before the data, helped by safe-haven USD demand on an AI-stock sell-off.

• NZD

  NZD heavy at 19-month lows near 0.5540 into a weekend NZ election with no clear majority expected. RBNZ dovish pause plus weak jobs vs a Fed priced ~82% for a Dec hike keep the bias lower.

  NZD/USD slid from just under 0.5600 to fresh 19-month lows around 0.5540.

• XAU/USD

  Gold knocked back to ~$4,050-4,060 by a blowout 165K NFP; Dec hike odds 77%, USD back above 102.00. Weekly gain intact, but Tue CPI decides if the election rally holds.

  Gold peaked at $4,106 pre-data and then fell about 1.2% to around $4,050-4,060.

• XAG/USD

  XAGUSD steady near $52 despite a hot NFP and a sharp USD rally. That resilience hints at washed-out positioning, but the trend stays bearish below $53.50–$55 into Tuesday's CPI.

  Silver slipped from the $53.45 weekly high to ~$51.25–51.40 ahead of NFP, then recovered to ~$52.00–52.12 (+0.19%).

• BTC/USD

  BTC on the back foot. The hack overhang is unresolved, and today's hot NFP (165K vs 65K f/c) plus firm wages lean against Fed easing. The market looks to Tue CPI for direction.

  There is no BTC-specific news in the last ~24h; the latest crypto headlines are ~4.5 days old.

• USOIL

  WTI recovering near $90.50 after an 11-15% election-driven weekly rout. Iran de-escalation hopes are largely priced, so weekend Iran headlines are the swing factor ahead of Tue CPI.

  WTI added gains for a second day, from the $86 two-month low and 200-day SMA to about $90.50-90.60.