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Stock Market Today: Dow Rises Amid U.S.-Iran Peace Talks; SpaceX Stock Sells Off (Live Coverage)
Stock Market Today: The Dow Jones index wavered Monday amid U.S.-Iran peace talks. SpaceX stock dive...
Nasdaq tipped to rise after long weekend of Iran talks progress, hawkish Fed still looms
US futures were pointing higher at the start of the week as investors return from the Juneteenth hol...
Iran’s Oil Exports Through Hormuz Hit Wartime High
Iran isn’t wasting any time moving its oil out of the Gulf via the Strait of Hormuz after the U.S. l...
US Dollar: Cyclical bullishness takes over – ING
ING strategists highlight that cyclical drivers have reasserted themselves in FX, underpinning a stronger Dollar over the coming months. They argue that these cyclical factors will keep the Dollar bid ...
British Pound: UK softness supports Dollar edge – BBH
Brown Brothers Harriman highlights GBP/USD trading around its 200-day moving average as UK Gilts outperform European bonds.
Euro: Euro struggles on hawkish ECB pricing – ING
ING’s FX team notes that a rate hike by the ECB is fully priced into EUR/USD, limiting upside for the Euro. They stress that even additional ECB hawkishness may not translate into Euro gains, as marke ...
0.7000: Why the Australian Dollar is heading for deeper pullback after RBA broke its rate-hike spree
The Australian Dollar (AUD) has entered a corrective phase, surrendering part of its recent gains against the US Dollar, after the Reserve Bank of Australia (RBA) opted to break its tightening cycle a ...
Dow Jones futures stay silent ahead of ahead of Fed interest rate decision
Dow Jones futures move little, hovering near 52,040 during the European hours on Wednesday, ahead of the US regular opening. However, S&P 500 futures rise 0.26% to near 7,540, and Nasdaq 100 futures a ...
United States Dollar Index (DXY) Price Forecast: Consolidates near 99.50 ahead of Fed
The US Dollar Index (DXY), which tracks the Greenback against a basket of currencies, consolidates in a narrow band around mid-99.00s through the first half of the European session on Wednesday as tra ...
USD/CAD Price Forecast: Holds gains above 1.4000, bullish bias persists despite overbought RSI
The USD/CAD pair trades in positive territory around 1.4005 during the early European trading hours on Wednesday. Optimism surrounding the US-Iran peace agreement drags crude oil prices lower and weig ...
Forex Today: Fed rate decision and revised dot plot to ramp up volatility
Here is what you need to know on Wednesday, June 17:
United Kingdom CPI inflation holds steady in April: What 2.8% means for British Pound
The United Kingdom (UK) headline Consumer Price Index (CPI) climbed 2.8% over the year in May, compared to a rise of 2.8% in April, the data released by the Office for National Statistics (ONS) showed ...
United Kingdom Retail Price Index (YoY) up to 3.1% in May from previous 3%
United Kingdom Retail Price Index (YoY) up to 3.1% in May from previous 3%
Pound Sterling Price News and Forecast: GBP/USD drifts higher to near 1.3430 on Wednesday
The GBP/USD pair gathers strength to around 1.3430 during the early Asian trading hours on Wednesday, bolstered by Middle East peace hopes.
Japanese Yen gains ground as traders await Fed rate decision
The USD/JPY pair loses ground to near 160.25 during the early European trading hours on Wednesday. Traders prefer to wait on the sidelines ahead of the US Federal Reserve (Fed) interest rate decision ...