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WTI tumbles to four-month low below $69.50 as Hormuz traffic climbs
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $69.40 during the early...
Switzerland Real Retail Sales (YoY) above forecasts (0.8%) in May: Actual (3.5%)
Switzerland Real Retail Sales (YoY) above forecasts (0.8%) in May: Actual (3.5%)...
FTSE 100 Live: London blue-chips called lower as rate expectations shift
FTSE 100 Live pre-open Expectations for the FTSE 100 are negative as a new month and the second half...
AUD/JPY Price Forecast: Softens below 114.50 on weaker Australian GDP, but bullish trend prevails
The AUD/JPY cross loses momentum to around 114.45 during the early European trading hours on Wednesday. Verbal intervention from Japanese authorities provides some support to the Japanese Yen (JPY) an ...
Forex Today: US Dollar stays resilient ahead of key US data
Here is what you need to know on Wednesday, June 3:
Japanese Yen: Key levels watched as BoJ speech looms – MUFG
MUFG’s Michael Wan notes that stronger US labour data have lifted US yields and supported the US Dollar (USD), complicating prospects for near-term Fed rate cuts.
Equities: Strong macro and earnings challenge bears – Danske Bank
Danske Research Team observes that equities rose again, led by Tech, with many indices hitting new all-time highs. They attribute the move mainly to positive macro news and stronger US labour data, wh ...
GBP/USD Price Forecast: 20-day EMA continues to cap upside
The GBP/USD pair trades 0.16% lower to near 1.3446 during the European trading session on Wednesday. The pair faces selling pressure as the US Dollar (USD) strengthens due to increased uncertainty ove ...
Swiss Franc: Inflation data and SNB stance – Commerzbank
Commerzbank analysts Michael Pfister and Norman Liebke preview Swiss inflation for May, expecting headline at 0.6% versus consensus 0.7% and core at 0.3%. They stress that recent Gross Domestic Produc ...
NVIDIA unveils RTX spark: A closer look
NVIDIA’s (NVDA) results in the 2026 Q1 period were again robust, reflecting another period of rock-solid growth, a trend that we’ve been accustomed to for several years now.
Euro: Downside risks within range against US Dollar – UOB
UOB strategists Quek Ser Leang and Lee Sue Ann keep EUR/USD in a neutral short-term range, seeing the pair oscillating between 1.1590 and 1.1685 after a brief dip to 1.1606.
EUR/GBP Price Forecasts: Languishing near 0.8630 with business activity data on tap
The Euro (EUR) is practically flat against the British Pound (GBP) on Wednesday, trading a few pips above 0.8630 at the time of writing after retreating from last Friday’s high of 0.8681.
New Zealand Dollar softens to near 0.5900 despite robust China services PMI data
The NZD/USD pair attracts some sellers to around 0.5910 during the early European trading hours on Wednesday. The New Zealand Dollar (NZD) extends its downside as the peace deal between the United Sta ...
Pound Sterling Price News & Forecast: GBP/USD stays calm amid safe-haven support
GBP/USD moves little following a four-day winning streak, trading around 1.3470 during the Asian hours on Wednesday. The pair steadies as the US Dollar (USD) remains firm, driven by stalled US-Iran pe ...
Russia S&P Global Services PMI: 48.7 (May) vs previous 49.7
Russia S&P Global Services PMI: 48.7 (May) vs previous 49.7