FX

Share: FX option expiries for June 13 NY cut at 10:00 Eastern Time, via DTCC, can be found below. – EUR/USD: EUR amounts         1.0600 1.4b 1.0675 510m 1.0700 598m 1.0735 602m 1.0750 1.2b 1.0775 660m 1.08 1.3b – GBP/USD: GBP amounts      1.2500 400m 1.2775 431m – USD/JPY: USD amounts                      137.50 451m 139.50-60 659m 141.00 361m –

Share: USD/CAD jumped to a daily high of 1.3384 following four days of losses. Strong Dollar and falling Oil prices weigh on the CAD. All eyes are on Tuesday’s inflation data from the US. During Monday’s session, the USD/CAD cut a four-day losing streak jumping to a daily high of 1.3384 as the US Dollar

Share: WTI takes offers to refresh intraday low, down for the third consecutive day in a row. Fears of higher Oil supply, back of demand join US Dollar rebound to please bears. Sustained trading below the key moving averages, mostly steady RSI suggest further downside of energy benchmark. Bulls remain cautious below $83.40; $64.30 can

Share: EUR/GBP falls to a 9-month low as ECB approaches its peak rate and the BoE is ready to continue tightening. The pair signals oversold conditions on the daily chart for the first time since 2021. Weak economic data from Italy and Germany contribute to Euro’s decline.. The EUR/GBP pair has recently witnessed a substantial

Share: Silver price hits a four-week high at $24.52 but retraces to $24.26. For bullish continuation, XAG/USD must breach $24.49 resistance, opening the path to $25.00 per troy ounce. XAG/USD’s failure to crack $24.49 could lead to further losses, with potential dips to $24.01 and $23.63. Silver price reaches a new four-week high but retraces

Share: A busy week lies ahead with meetings from the Fed, ECB, and BoJ, as well as key data from the US on inflation and retail sales, and employment numbers from Australia and the UK. Central bank decisions and economic figures will pose a challenge for equity markets and the US Dollar. Here is what

Share: GBP/USD climbed to a new four-week high at 1.2590 on Friday. However, it dipped toward the 1.2570s area after a softer-than-estimated Canadian jobs report cemented the case for a Federal Reserve skip in the upcoming monetary policy meeting. The GBP/USD is trading at 1.2576, up 0.14%, set to finish the week with gains of more than

Share: EUR weakens amid falling bond yields; remains supported by monetary policy divergence. ECB to tighten monetary conditions despite the Eurozone recession. Upcoming US CPI data could set the stage for a surprise at the FOMC meeting. EUR/USD reversed its course after Thursday’s jobs report in the United States (US) justified the Federal Reserve (Fed)

Share: The index regains composure and bounces off lows near 103.30. The buying interest in the risk complex takes a breather. Investors expect the Fed to pause its hiking cycle next June. The greenback, when gauged by the USD Index (DXY), regains its smile and manages to rebound from recent weekly lows near 103.30 on

Share: Unconfirmed US-Iran deal may unlock Iranian oil exports, pressure WTI prices. Saudi Arabia’s crude oil output cut of 1M bpd softens WTI’s decline. US Dollar weakness caps WTI’s fall as jobs report spurs rate hike uncertainty. Western Texas Intermediate (WTI), the US crude oil benchmark, dropped sharply during Thursday’s North American session, courtesy of

Share: USD/CAD remains pressured for the third consecutive day at the lowest level in a month. BoC traces RBA’s moves to surprise market with 0.25% rate hike to tame inflation woes. WTI crude oil remains depressed on demand-supply fears, ignores US Dollar’s two-day losing streak. Speech from BoC’s Beaudry, Canada employment data eyed ahead of

Share: USD/JPY rose past the 140.00 zone during the New York session. The US Dollar cleared daily losses amid rising US bond yields and a cautious market mood. Investors await Q1 Gross Domestic Product data from Japan. The USD/JPY pair rose for a second consecutive day on Wednesday to currently trade around 140.00. On the

Share: USD/TRY has witnessed a temporary pause in a rally to near 22.08.  A mild decline in hawkish Fed bets after the release of weak US Services PMI has trimmed the appeal of the US Dollar. USD/TRY has already posted 10 consecutive positive settlements on a weekly basis. The USD/TRY pair has witnessed a loss

Share: Gold’s rise was capped by US bond yields despite concerns for a gloomy economic outlook in the US sparked by weakness in business activity. The US Federal Reserve is expected to maintain interest rates unchanged at the June reunion, but recent central bank decisions worldwide suggest tightening monetary conditions loom. Technical analysis of XAU/USD

Share: Following are the key headlines from the Reserve Bank of Australia’s (RBA) June monetary policy statement, via Reuters, as presented by Governor Phillip Lowe. Board remains resolute in its determination to return inflation to target. Some further tightening of monetary policy may be required. The path to achieving a soft landing remains a narrow one. Inflation in

Share: US Dollar has lost its strength in the American session on Monday. US Dollar Index erased its daily gains and returned to the 104.00 area. ISM Services PMI report for May showed a loss of momentum in the service sector. The US Dollar (USD) has lost its strength in the second half of the

Share: USD/INR stays on the front foot after reversing from 13-day low on Friday. Strong US NFP renews hawkish Fed concerns while softer India data allows RBI to defend status quo. Risk-off mood, higher Oil price also weigh on Indian Rupee ahead of the key week. Second-tier US data, risk catalysts may entertain intraday traders.

Share: In this analysis, we meticulously examine the recent performance of the Nasdaq 100 and US 500 indices to gauge their strength and determine whether the current trend can be sustained. By evaluating key indicators and price action, we aim to provide insightful guidance to traders and investors, equipping them with the knowledge to navigate