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]
Canada Wholesale Sales (MoM) below expectations (-0.9%) in April: Actual (-2.3%)
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]
USD/CAD Price Forecast: Bulls remain on the sidelines as Middle East tensions boost Oil prices
USD/CAD attracts some buyers amid rebounding USD, though the upside seems limited. Fed rate cut bets and trade uncertainties might cap the upside for the buck, and the pair.Surging Oil prices and less dovish BoC expectations warrant caution for the … [Continue reading]
Australian Dollar falls due to risk-off sentiment amid escalating Israel-Iran tensions
The Australian Dollar declines due to dampened risk sentiment amid rising tensions in the Middle East.Israeli military officials said that Israel attacked dozens of nuclear sites across Iran.The US Producer Price Index rose 0.1% MoM in May, against … [Continue reading]
Israel could strike Iran within days, US and Israeli officials say – WSJ
The Wall Street Journal (WSJ) reported late Thursday that Israel is prepared to attack Iran in the coming days if Tehran rejects a US proposal to limit its nuclear program, citing US and Israeli officials.A senior Israeli official warned that a … [Continue reading]
EUR/USD Price Forecast: Extra advances look at the Dollar
EUR/USD surpassed the 1.1600 hurdle to hit new multi-year peaks on Thursday.The US Dollar sold off to more than three-year troughs on data, trade uncertainty.The ECB’s Schnabel said the bank’s monetary policy is in a “good place”.The Euro (EUR) … [Continue reading]
USD/INR pares earlier gains after softer US PPI data for May
USD/INR edges slightly higher on Thursday after a four-day losing streak..US tariff threats make a comeback as US President Trump threatens to send letters to trading partners outlining the terms of trade.Rising probabilities of a Fed rate cut in … [Continue reading]
ECB’s Schnabel: Monetary policy cycle is coming to an end
European Central Bank (ECB) board member Isabel Schnabel said on Thursday, “monetary policy cycle is coming to an end.”Additional commentsGrowth outlook broadly stable despite trade conflict.Medium-term inflation stabilizes at … [Continue reading]
Top Crypto Movers: KAIA, ENS, CRV – Altcoins plummet ahead of GENIUS Act, Kaia stands out
Kaia extends gains with Won-pegged stablecoin assurance, the sole crypto with double-digit gains in the last 24 hours.Ethereum Naming Service leads the market decline as it reverses from a strong supply zone.Curve DAO risks a pullback to the $0.50 … [Continue reading]
NZD/USD gathers strength above 0.6000 on softer US CPI data
NZD/USD edges higher to around 0.6035 in Thursday’s early European session, bolstered by the softer US Dollar. Softer US inflation data undermines the US dollar and acts as a headwind for the pair. Trump said the trade deal with China is … [Continue reading]