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Review & Preview: An Earnings Week to Forget
It’s peak earnings season, and investors could be forgiven for wanting an escape hatch. Corporate A...
The Strait of Hormuz Closure Is Already Hitting Supermarket Prices
Crop prices just hit a three-year high, indicating major downstream pain soon to come at the superma...
British Pound struggles to lure buyers amid UK politics as intervention fears support JPY
The GBP/JPY cross struggles to capitalize on the previous day's modest recovery gains and seesaws between tepid gains/minor losses through the early European session on Friday. Spot prices currently t ...
Italy's watchdog probes over Microsoft 365 price hike and AI integration
Open AI IPO delay; SpaceX mulls mobile networks - what’s moving markets
Investing.com - U.S. stock futures were mixed on Friday as investors remain cautious after another difficult week for technology stocks. Reports that OpenAI may delay its highly anticipated stock mark ...
Oil: Downside momentum persists as flows recover – ING
ING strategists Warren Patterson and Ewa Manthey note that Oil rebounded after a vessel was struck in the Persian Gulf, but they stress that price momentum remains to the downside as flows through the ...
Pound Sterling Price News and Forecast: GBP/USD posts modest gains around 1.3200
The GBP/USD pair trades with mild gains near 1.3200 during the early European session on Friday.
USD/CHF Price Forecast: 0.8040 to act as key support amid correction
The USD/CHF pair trades 0.2% lower at around 0.8085 during the European trading session on Friday, extending its correction from the 10-month high of 0.8140 posted on Wednesday.
Dow Jones futures fall due to energy, geopolitical anxieties
Dow Jones futures decline 0.13%, trading near 52,270 during the early European hours on Friday. Meanwhile, S&P 500 futures fall by 0.60% to near 7,380, and Nasdaq 100 futures plunge 1.29%, trading nea ...
US Dollar Index weakens below 101.50 after US PCE inflation as Fed rate hike odds fade
The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, currently trades near 101.40 during the early European trading hours on Frida ...
Aker Solutions wins Cenovus White Rose field deal
US Dollar: Structural support holds with high-for-longer rates – MUFG
MUFG’s Lloyd Chan notes that strong United States (US macro data continue to support a high-for-longer US rates environment, with Personal Consumption Expenditures (PCE) Price Index inflation and Gro ...
Forex Today: Global tech selloff weighs on market mood
Here is what you need to know on Friday, June 26:
EUR/GBP Price Forecasts: Euro shows signs of bottoming at 0.8600
The Euro (EUR) is trading practically flat, around 0.8615 against the British Pound on Friday, showing some signs of bottoming after bouncing from 0.8600 lows on Wednesday.