GBP/JPY edges lower as safe-haven demand rises ahead of President Trump's July 9 tariff deadline.UK Prime Minister Keir Starmer faces political pressure from the Labour Party, limiting upside potential for Sterling.GBP/JPY retreats as technical … [Continue reading]
Pi Network Price Forecast: Core team offloads 5.81 million PI tokens, risks further losses
Pi Network edges lower on Friday as it struggles to reclaim the $0.50 psychological mark.A surge in social dominance reflects increased chatter surrounding the Pi network.Investors are on a buying spree as CEX balances decline while PI Foundation … [Continue reading]
Italy Retail Sales n.s.a (YoY): 1.3% (May) vs previous 3.7%
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/USD wobbles around 1.1760 amid holiday in US on account of Independence Day
EUR/USD trades sideways around 1.1760 in a holiday-thinned trade.Better-than-projected US NFP data has offered some relief to the US Dollar.Risks to inflation undershooting the ECB’s 2% target have escalated amid an appreciating Euro.The EUR/USD pair … [Continue reading]
South Korea Current Account Balance increased to 10.14B in May from previous 5.7B
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]
Breaking: US House passes Trump’s “Big, Beautiful Bill”
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]
US ISM Services PMI improves to 50.8 in June vs. 50.5 expected
ISM Services PMI for June came in better than expected.US Dollar Index stays in positive territory near 97.00.The business activity in the US services sector expanded at a modest pace in June, with the Institute for Supply Management's (ISM) Services … [Continue reading]
GBP/USD Forecast: Pound Sterling rebounds but remains vulnerable
Political jitters in the UK weighed heavily on Pound Sterling on Wednesday.The near-term technical outlook highlights a lack of bullish momentum.The US economic calendar will feature Nonfarm Payrolls data for June.GBP/USD came under heavy bearish … [Continue reading]
GBP/JPY remains under pressure around 196.00 amid rallying UK bond yields
GBP/JPY sees vulnerable as a significant increase in UK bond yields has weighed on the Pound Sterling.UK bond yields rallied after Chancellor Reeves presented new welfare bill.BoE Taylor sees five interest rate cuts this year.The GBP/JPY pair trades … [Continue reading]
Japan Jibun Bank Services PMI above expectations (51.5) in June: Actual (51.7)
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]