Forex Market

The Pound Sterling slumped against the US Dollar on June 13, 2025, as heightened Iran-Israel tensions fueled a rush to safe-haven assets. With UK economic data weakening and central bank decisions looming, the GBP/USD pair faces choppy waters. As global markets grapple with geopolitical risks, here’s what’s driving the pound’s …

The USD/JPY pair surged above 144.00 on June 13, 2025, so, the pair was trading at 144.14, before stabilizing at 143.90, up +0.30% at the time of writing, as safe-haven demand for the U.S. Dollar intensified amid U.S.-Iran tensions and the Bank of Japan’s (BoJ) cautious monetary stance weighed on …

Consumer confidence in the U.S. rebounded sharply in early June 2025, with the University of Michigan’s consumer sentiment index hitting 60.5, far exceeding the Dow Jones forecast of 54. Easing global trade tensions and a tempered inflation outlook have lifted spirits, despite lingering economic risks. As markets navigate tariff uncertainties …

Oil prices surged in Asian trading on Friday after Israel launched a major pre-emptive strike on Iran, escalating tensions in the Middle East and sparking fears of broader conflict and potential disruptions to global oil supplies. As of 21:22 ET (01:22 GMT), Brent Oil Futures for July delivery jumped 8.5% …

The Euro surged against the US Dollar for the second consecutive day, nearing a three-year high, as a confluence of disappointing US economic data and President Trump’s renewed tariff threats sent the Greenback reeling. The EUR/USD pair advanced over 0.70%, trading around 1.1575 after briefly breaking past 1.1600.The catalyst for …

U.S. bond yields experienced a significant setback on Thursday following the release of producer price indices that fell below expectations, heightening anticipation that the Federal Reserve may lower interest rates before year-end. Yields were further pressured by robust demand for U.S. government bonds, driven by their inverse relationship with bond …

Silver (XAG/USD) has staged a strong recovery, climbing past $36.00 after hitting a five-day low of $35.46. This rebound, driven by a sharp decline in the US Dollar to a three-year low, signals robust bullish momentum. Trading at $36.30 with a 0.25% daily gain late in Thursday’s North American session, …

The U.S. Dollar tumbled on June 12, 2025, dropping to 98.00 on the U.S. Dollar Index after May’s U.S. producer price index (PPI) data missed market expectations. Following softer consumer price index (CPI) figures, this second wave of tame inflation data has fueled bets that the Federal Reserve might cut …

The GBP/USD pair surged to 1.3600, up over 0.47% in a single session, and at the time of writing, the pair stabilizes at 1.3588; it is still up 0.37%, driven by softening US economic data and a weakening dollar. Despite a sharp UK economic contraction, the pound has capitalized on …

The U.S. dollar fell to a new low for 2025 on Thursday, while global stocks eased from record highs, as a mix of rising tensions in the Middle East and concerns over the fragility of a U.S.-China trade truce prompted investors to seek refuge in safe-haven assets. The dollar, which …