The Japanese Yen attracts some buyers as strong domestic CPI reaffirms BoJ rate hike bets.Trade uncertainties and rising geopolitical tensions also benefit the JPY’s safe-haven status.A weaker USD contributes to the USD/JPY pair’s retracement slide … [Continue reading]
South Korea Producer Price Index Growth (YoY) fell from previous 0.9% to 0.3% in May
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or … [Continue reading]
EUR/JPY steadies near 167.00 as markets weigh geopolitics and interest rates
EUR/JPY remains supported as the ECB leans dovish and the BoJ maintains an ultra-loose policy stance.EUR/JPY trades firm ahead of Japan’s inflation data.The Euro looks to Friday’s German PPI for directional cues, as weak prints could reinforce … [Continue reading]
Gold steadies amid US involvement in the Israel-Iran conflict, cautious Fed
Gold holds firm as traders balance safe-haven flows and Fed interest rate outlook.US-Iran tensions, Fed’s data-dependent stance, and Oil supply risks in the spotlight.XAU/USD trades sideways below $3,400 amid low volume on a US holiday.Gold (XAU/USD) … [Continue reading]
EUR/USD Forecast: Euro closes in on key support levels
EUR/USD struggles to gain traction, trades near 1.1450.The technical outlook points to a bearish tilt in the near term.Financial markets in the US will remain closed on Thursday.EUR/USD stays on the back foot early Thursday and trades modestly lower … [Continue reading]
Raydium soars 18% as Upbit lists RAY/KRW and RAY/USDT trading pairs
Raydium price is rallying by more than 18% on Thursday after finding support around its $2 psychological level. South Korea’s largest cryptocurrency exchange, Upbit, lists RAY trading pairs on Thurday. CoinGlass Open Interest data for RAY … [Continue reading]
EUR/USD capped below 1.1500 as Fed stays put, Trump fuels Dollar strength
EUR/USD trades near 1.1476 after briefly breaching 1.1500 post-Fed.Fed maintains rates; projections show slower growth, stickier inflation.Trump open to Iran meeting, while ECB officials flag Eurozone economic weakness.The EUR/USD trades almost flat … [Continue reading]
Fed’s Powell: Take some time for tariffs to work their way to consumers
Federal Reserve Chairman Jerome Powell explained the decision to leave the policy rate unchanged at the 4.25%–4.50% range following the June meeting and responded to questions during the post-meeting press conference.[embedded content]Follow our live … [Continue reading]
USD/CAD trades flat ahead of Fed rate decision and Powell’s remarks
Bank of Canada’s Macklem may shift CAD outlook with comments on tariffs, inflation risks, and economic momentum.The Loonie remains vulnerable with monetary policy divergence in focus.Fed projections and Powell’s tone may influence the direction of … [Continue reading]
AUD/USD is struggling to regain the 0.6500 level with risk appetite subdued
Ongoing geopolitical tensions are hurting risk appetite and limiting Aussie's upside attempts.Recent data from China cast doubts about the property sector's recovery.Later today, the Fed's monetary policy decision will set the US Dollar's … [Continue reading]