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Update: Equity Markets Fall Intraday, Oil Rises Amid Middle East Tensions
(Updates with latest market prices and developments.) US benchmark equity indexes were lower int...
US Dollar: Supported with elevated real yields – MUFG
MUFG’s Lloyd Chan highlights that US Treasury yields have eased only slightly, leaving the broader rates backdrop supportive for the Dollar. Elevated real yields and a “high-for-longer” US rate narrat ...
GBP/USD Price Forecast: Pound keeps looking for direction around 1.3200
The British Pound (GBP) is practically flat against the US Dollar (USD) on Monday, with Pound bulls subdued amid rising geopolitical tensions and the UK’s political impasse, while the safe-haven USD t ...
British Pound: Pound capped as bearish bias lingers against US Dollar – UOB
United Overseas Bank’s (UOB) Quek Ser Leang highlights that GBP/USD continues to lack clear momentum, with intraday action expected between 1.3175 and 1.3225. The bank maintains a negative 1–3 week vi ...
Euro: Higher levels seen as slow grind against US Dollar – Commerzbank
Commerzbank’s Michael Pfister argues that recent EUR/USD weakness reflects Dollar strength rather than Euro fragility, with Fed expectations driving the move.
Silver Price Forecast: XAG/USD declines to near $58.60 as US-Iran attacks renew energy supply concerns
Silver price (XAG/USD) trades almost 1% lower at around $58.60 during the European trading session on Monday. The white metal is under pressure as trade of attacks between the United States (US) and I ...
What will Q2 earnings season show?
Total S&P 500 earnings are expected to increase by +23.7% in the June quarter from the same period last year, on +11.4% higher revenues.
Sweden Trade Balance (MoM) increased to 2.9B in May from previous -7.3B
Sweden Trade Balance (MoM) increased to 2.9B in May from previous -7.3B
Indian Rupee opens flat, awaits US-Iran talks in Oman
The Indian Rupee (INR) opens on a flat note against the US Dollar (USD) after a long weekend on Monday.
Tokyo has hitched itself to Seoul’s AI rollercoaster
This is truly outstanding work from Goldman managing director and trader John Joyce. The key highlights are excerpted below with a Dark Side of the Boom take.
Euro posts modest losses against British Pound ahead of ECB’s annual forum
The EUR/GBP cross loses ground to near 0.8625 during the early European trading hours on Monday. Fading additional rate hike expectations from the European Central Bank (ECB) weigh on the Euro (EUR) a ...
Indonesian Rupiah loses ground on Middle East uncertainty
USD/IDR gains ground after two days of losses, trading around 17,900 during the Asian hours on Monday.
Saudi Arabia Gold price today: Gold falls, according to FXStreet data
Gold prices fell in Saudi Arabia on Monday, according to data compiled by FXStreet.