Trending
- GOLD – Downtrend Resumes After Brief Recovery, Key Supports Back in Focus
- USDJPY Nears Key Highs as Markets Watch for Possible Official Intervention
- EURUSD – Corrective Bounce Possible Before Fresh Attack on 2026 Low
- BRENT OIL – Downtrend Faces Initial Support at the 200DMA
- May Inflation Data Shows No Change Ahead of BoE Policy Meeting
- Japan’s Central Bank Hikes Rates to Levels Last Seen in 1995
- Cable Remains Firm as Markets Await UK Inflation Data and BOE Meeting
- BRENT – Rising confidence in a peace agreement pushes prices to a three-month low
- AUD/USD bulls face strong headwinds from the thick daily Ichimoku cloud
- ECB-driven recovery in EUR/USD meets stiff opposition from key technical hurdles
EURUSD – Corrective Bounce Possible Before Fresh Attack on 2026 Low
EUR/USD remains under pressure on Friday, hovering near its 2026 low at 1.1410 and on track for a third consecutive daily decline. The pair continues to react negatively to the Federal Reserve's hawkish policy stance, with Wednesday's…
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BRENT OIL – Downtrend Faces Initial Support at the 200DMA
Brent crude has fallen more than 15% over the past four trading sessions as optimism surrounding a potential US-Iran peace agreement accelerated the recent selloff, bringing prices close to levels seen before the outbreak of the conflict.…
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May Inflation Data Shows No Change Ahead of BoE Policy Meeting
UK consumer inflation remained unchanged at 2.8% year-on-year in May, below market expectations for an increase to 3.0%. Core inflation, which excludes volatile components such as food, energy, alcohol, and tobacco, rose to 2.6% from 2.5%…
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Japan’s Central Bank Hikes Rates to Levels Last Seen in 1995
The Bank of Japan raised its policy rate by 25 basis points to 1.00%, citing mounting inflationary pressures stemming from the energy shock triggered by the Middle East conflict.
The move lifts borrowing costs to their highest level since…
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Cable Remains Firm as Markets Await UK Inflation Data and BOE Meeting
The near-term recovery from the higher base around the 1.3300 zone has gained fresh traction, supported by an improving geopolitical backdrop that has boosted risk sentiment and weighed on the US dollar.
Although price action remains…
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BRENT – Rising confidence in a peace agreement pushes prices to a three-month low
Brent crude opened sharply lower on Monday and extended losses to its weakest level in more than three months, as renewed optimism over a potential resolution to the US-Iran conflict triggered a broad risk repricing across energy markets.…
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AUD/USD bulls face strong headwinds from the thick daily Ichimoku cloud
The Australian dollar remains on the front foot, testing the key resistance zone around 0.7050 for a second consecutive session. This area, marked by the base of the daily Ichimoku cloud and the 23.6% Fibonacci retracement of the…
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ECB-driven recovery in EUR/USD meets stiff opposition from key technical hurdles
The euro remains well supported on Friday, building on the previous session’s rally triggered by the European Central Bank’s first interest rate hike in three years.
Additional support comes from reports suggesting progress toward a…
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ECB Delivers First Rate Hike Since 2023 as Inflation Risks Intensify
The European Central Bank (ECB) raised its key interest rate by 25 basis points to 2.25% at its June policy meeting, marking its first rate increase since September 2023. The move reflects the ECB’s effort to act proactively against rising…
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Brent struggles to gain traction despite heightened tensions in the Middle East
Brent crude has remained confined to a $90.00–$95.00 trading range for a fifth consecutive session, despite renewed geopolitical tensions in the Middle East and a much larger-than-expected decline in U.S. crude inventories. The market…
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