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Gold surges as weak US NFP knocks US Dollar
Gold (XAU/USD) price soars over 2% on Thursday after the latest US employment report reduced the cha...
Forex Today: US Dollar weakens after softer US jobs data
The US Dollar Index (DXY) came under pressure near the 100.90 level after the latest United States (...
Iran Tightens Grip on Strait of Hormuz Tanker Traffic
Just when the oil market was getting comfortable with the idea that the Strait of Hormuz was reopeni...
British Pound picks up as Iran peace hopes offset soft UK GDP data
The British Pound (GBP) maintains a moderately positive tone against the US Dollar (USD) on Friday, as investors’ optimism about a US-Iran peace deal has offset rather uninspiring UK data.
Brazilian Real: Downside risk against US Dollar – Societe Generale
Societe Generale analysts reports USD/BRL has been rebounding from an interim low near 4.88 and is approaching the 200-DMA and a descending trend line around 5.25. They stress the need to see if a bas ...
IRNA releases key terms under US-Iran MoU
Iran’s IRNA news agency releases the major terms of the Memorandum of Understanding (MoU) discussed with the United States (US). Earlier a report from Bloomberg showed that the MoU will be signed in G ...
Fed: Warsh debut expected to stay cautious – Nordea
Nordea’s Jan von Gerich expects Kevin Warsh’s first FOMC meeting on 17 June to deliver a more neutral policy stance, with earlier projected rate cuts likely removed from the dot plot and some hike cal ...
UoM Consumer Sentiment Index expected to remain depressed near historical lows in June
The University of Michigan (UoM) will release the preliminary estimate of June’s Consumer Sentiment Index on Friday.
European Central Bank: Hikes rates with hawkish tone – Deutsche Bank
Deutsche Bank’s European economists highlight that the ECB delivered its first rate hike since 2023, lifting the deposit rate to 2.25% and pairing it with hawkish messaging from President Lagarde.
WTI Oil falls for second day as US-Iran deal hopes erode Hormuz risk premium
West Texas Intermediate (WTI) extends its decline for a second consecutive day on Friday, trading around $82.90 at the time of writing as investors unwind defensive positions following fresh signs of ...
NAS100 – SpaceX IPO and NAS100 sell idea [Video]
Potential for further drop.
India’s Consumer Price Index rises by 3.93% YoY in May, misses 4% estimates
India’s Consumer Price Index data for May has come in at an annualized pace of 3.93% in May, slower than 4% estimates, but higher than the previous reading of 3.48%.
Gold Price Forecast: Mean-reversion move to 20-day EMA looks likely
Gold price (XAU/USD) holds onto Thursday’s strong recovery move to near $4,220 during the European trading session on Friday. The precious metal reflects strength amid intensified hopes that the Unite ...
Silver Price Forecasts: XAG/USD bulls eye $69.00 amid an improved market mood
Thursday’s EuropeanSilver (XAG/USD) retraces previous losses on Friday's European session, returning to levels in the mid-range of the $67.00s at the time of writing.
China M2 Money Supply (YoY) came in at 8.6%, above forecasts (8.5%) in May
China M2 Money Supply (YoY) came in at 8.6%, above forecasts (8.5%) in May