Trending
- USD/JPY trades above 160 despite mounting intervention speculation
- Brent oil’s daily cloud support remains under threat following an unsuccessful recovery phase
- Gold may enter a consolidation phase above channel support ahead of another downside attempt
- The dollar index surged to its highest level in nine weeks as investors priced in increased odds of additional Federal Reserve rate hikes and reacted to mounting geopolitical risks
- U.S. hiring remains resilient as NFP logs second straight month of robust job growth
- EUR/USD seeks clear direction to break out of extended sideways consolidation
- USD/JPY pauses below 160 barrier amid intervention threats and BoJ rate Hike signals
- The OECD has warned that escalating conflict in the Middle East could push the global economy into recession and fuel higher inflation.
- BTC/USD Drops Deeper Below $70,000 as Bearish Momentum Accelerates
- War Continues to Weigh on Eurozone Manufacturing, While UK and US Sectors Hold Up Better – PMI
EURUSD jumped to a one-month high following new developments in the ongoing US-EU tariff saga
EURUSD climbed to a one-month high on Monday, lifted by the latest twist in the US-EU tariff dispute.
Markets reacted positively after President Trump unexpectedly postponed the implementation of 50% tariffs on all EU imports—from an…
Read More...
Read More...
USDJPY pressured by renewed tariff threats and stronger-than-expected Japanese inflation data
USDJPY extended its decline on Friday, weighed by President Trump’s renewed threat of a 25% tariff on Apple phones produced overseas and stronger-than-expected Japanese inflation in April, which raised doubts about the Bank of Japan’s…
Read More...
Read More...
GBPUSD Breaks Above 1.3500 to Hit Multi-Month High on Strong UK Economic Data
Cable rose 0.5% on Friday morning and broke above the psychological 1.3500 level, reaching its highest point since February 2022.
The latest advance was driven by stronger-than-expected UK retail sales in April, which lifted risk…
Read More...
Read More...
Eurozone Business Activity Shrinks in May – PMI Data Shows
Preliminary PMI surveys for May revealed that business activity in the eurozone unexpectedly fell back into contraction territory, raising concerns about the region’s economic momentum.
The services sector, which dominates the bloc’s…
Read More...
Read More...
Bitcoin Surges to New All-Time High Above \$110K
Bitcoin surged past its previous all-time high and the key psychological barrier at $110K on Thursday, reaching a new record just below $112K.
The rally was fueled by renewed optimism around potential progress in crypto regulation, which…
Read More...
Read More...
Cable Pulls Back from 3-Year High but Maintains Bullish Tone After Hot UK Inflation Print
GBP/USD eased towards the 1.3400 area on Wednesday after a strong rally driven by hotter-than-expected UK inflation data briefly pushed the pair above the 2024 and 2025 highs (1.3434/1.3444), hitting a fresh three-year peak at 1.3468.…
Read More...
Read More...
GOLD – Bulls Reclaim Control, Hold Firm Above \$3300
Gold maintains a firm tone and attempts to solidify its position above the $3300 level, following a rally that lifted the price to a one-week high on Wednesday morning—extending Thursday’s strong 1.8% surge.
Renewed safe-haven demand has…
Read More...
Read More...
AUDUSD slips after RBA rate cut but holds within established trading range
AUDUSD edged lower on Tuesday following the Reserve Bank of Australia’s widely anticipated 25 basis point rate cut.
The decline erased Monday’s gains and pushed the pair toward the lower end of the 0.6350–0.6500 consolidation range, as…
Read More...
Read More...
The Reserve Bank of Australia lowered its benchmark interest rate by 25 basis points and signaled…
The Reserve Bank of Australia lowered its cash rate by 25 basis points to 3.85% from 4.10% during its May policy meeting, aligning with market expectations.
Policymakers justified the move by pointing to easing inflation and reduced…
Read More...
Read More...
BTCUSD experiences a sharp decline but is expected to maintain its overall bullish structure as long…
BTCUSD experienced a sharp decline on Monday, dropping 5K in a swift pullback from the session's spike high around the 107K zone.
The negative reaction followed the US credit rating downgrade, pushing Bitcoin towards the lower end of its…
Read More...
Read More...