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Update: US Equity Indexes Rise as Semiconductors Lift Technology; Crude Oil Slips as Trump's Envoys in Qatar for Indirect Talks
(Updates with index/price moves, macroeconomic data, and company news from the first paragraph.)...
Market Indexes Close Out June With a Tech-Fueled Tuesday Rally
Chip stocks are rallying hard into the end of June. Here's what's driving the semiconductor surge....
Update: Semiconductors Push US Equity Indexes Higher in Midday Trading; Crude Oil Declines
(Updates with index/price moves and company/geopolitical news from the first paragraph.) US equit...
Silver Price Forecast: XAG reclaims 200-day SMA as double bottom forms
Silver (XAG/USD) price registers gains of over 3% on Monday as the white metal reclaims the 200-day Simple Moving Average (SMA) of $68.59 amid geopolitical news linked to the US-Iran conflict.
United States Dollar weakens on US-Iran peace deal but remains supported by hawkish Fed outlook
The US Dollar (USD) trades on the back foot against its major peers on Monday as traders trim safe-haven positions amid improving market sentiment after the United States and Iran agreed on a framewor ...
Gold explodes as US-Iran breakthrough crushes Oil prices
Gold (XAU/USD) rallies by more than 3% on Monday after the US and Iran reached a deal to end their conflict, easing inflationary pressures amid falling Oil prices. At the time of writing, the XAU/USD ...
Australian Dollar rebounds as softer US Dollar supports risk sentiment
The AUD/USD pair rebounds near the 0.7080 region on Monday amid improved risk sentiment following reports of a preliminary United States (US)-Iran peace agreement. At the time of writing, the Australi ...
Pound Sterling Price News and Forecast: GBP/USD rises as US-Iran accord sends Oil plunging
The Pound Sterling (GBP) advances by 0.31% on Monday as risk appetite improves following an agreement reached between the US and Iran, which is expected to be signed on Friday in Geneva, Switzerland.
"The deal’s all signed”: US President Trump trumpets agreement with Iran
United States (US) President Donald Trump said on Monday that the Iran deal had been signed, adding that the Strait of Hormuz had fully reopened and that Oil prices were falling while stocks were risi ...
Oil: Strait of Hormuz reopening eases stress – BNY
BNY’s Bob Savage reports that the U.S.-Iran agreement to reopen the Strait of Hormuz has significantly reduced immediate energy supply risks. This geopolitical de-escalation has lowered energy market ...
Euro holds firm as traders assess US-Iran peace deal, Fed decision looms
EUR/USD holds firm on Monday as the US-Iran peace deal boosts risk appetite, reducing safe-haven demand for the US Dollar (USD). At the time of writing, the pair trades around 1.1598 after hitting an ...
WTI Oil slumps as US-Iran Strait of Hormuz deal unwinds geopolitical risk premium
West Texas Intermediate (WTI) US Oil is falling sharply on Monday and trades around $79.15 at the time of writing, down 4.53% on the day.
British Pound rises as US-Iran accord sends Oil plunging
The Pound Sterling advances by 0.31% on Monday as risk appetite improves following an agreement reached by the US and Iran, which will be signed on June 19 in Geneva, Switzerland.
Japanese Yen gains ground after downbeat US industrial output
The USD/JPY pair trades with a cautious tone as investors digest softer United States (US) industrial activity data while positioning for the Bank of Japan’s (BoJ) interest rate decision due on Tuesda ...
New Zealand Dollar rises on US-Iran de-escalation ahead of Fed decision
NZD/USD trades around 0.5840 at the time of writing on Monday, up 0.17% on the day. The pair benefits from broad-based US Dollar (USD) weakness as markets welcome news of a framework agreement between ...