Ahmad Elbasioni 556 posts 0 comments

The US Personal Consumption Expenditures (PCE) Price Index, the Federal Reserve’s preferred measure of inflation, rose to 4.1% year-over-year in May, up from an unrevised 3.8% in April, matching market expectations. The latest reading…
Read More...

a { text-decoration: none; color: #464feb; } tr th, tr td { border: 1px solid #e6e6e6; } tr th { background-color: #f5f5f5; } Brent crude extended its decline in early Thursday trading, falling back to…
Read More...

AUD/USD extended its sharp decline for a second consecutive session, falling to its lowest level since early April as the Australian dollar remained under heavy pressure from broad US dollar strength. Expectations that the Federal Reserve…
Read More...

The dollar continues to trend higher and hit highest levels in over one year on Wednesday, moving in a steep bull-leg that extends into sixth consecutive day. Growing bets of Fed rate hike (currently at 72% for September rate hike vs 45%…
Read More...

EUR/GBP slid to its lowest level since 15 August 2025 on Wednesday, extending its bearish run as the pair tested the key support zone around 0.8610, a multi-month higher base that has repeatedly contained downside pressure. The cross…
Read More...

a { text-decoration: none; color: #464feb; } tr th, tr td { border: 1px solid #e6e6e6; } tr th { background-color: #f5f5f5; } Data released on Tuesday showed that the UK's services sector, the largest…
Read More...

Brent crude dropped nearly $4 on Monday as initial concerns over stalled peace negotiations, which triggered a gap higher at the weekly open, gave way to a more optimistic tone following comments from senior U.S. officials. The renewed…
Read More...

Cable remains under pressure near its 2026 low at 1.3159 (posted on March 31), with last Friday’s low and trendline support converging at 1.3163, following news of UK Prime Minister Starmer’s resignation. The pound continues to face…
Read More...

Gold remains under pressure for a third consecutive session and is on track to post its third straight weekly loss, weighed down by renewed strength in the U.S. dollar and the Federal Reserve’s increasingly hawkish policy…
Read More...

USD/JPY remains firmly bid on Friday, consolidating above the 161.00 level after Thursday’s sharp advance carried the pair to 161.80, just shy of the four-decade high at 161.95 recorded in June 2024. The pair continues to draw support from…
Read More...