Forex Market

The euro showed signs of stabilization after sliding to its weakest levels against the US dollar in more than a year, as investors digested the latest inflation figures from the United States.Currency markets had been bracing for data that could reshape expectations for US monetary policy. However, the inflation report …

Key Takeaways Core PCE in line: The core personal consumption expenditures price index rose 0.3% month-on-month and 3.4% year-on-year in May — matching economist estimates. Core ticks up slightly: Both the monthly and annual core readings edged above April’s figures, but without a negative surprise. Headline PCE beats: The headline …

Key Takeaways First positive open this week: The Stoxx 600 gained 0.2%; Germany’s DAX rose 0.3%; Italy’s MIB gained 0.3%; France’s CAC 40 was flat. FTSE 100 bucks the trend: London fell 0.3%, dragged lower by energy giants BP and Shell as oil prices tumbled. Brent below $73: Oil dipped …

Key Takeaways Gold breaches $4,000: Spot gold slipped 0.5% to $3,978.60 per ounce — hovering at its lowest in more than seven months after breaking below the key psychological level Wednesday for the first time since November 2025. Gold futures near $4,000: U.S. gold futures edged 0.4% lower to $3,993.80. …

Key Takeaways Four-day losing streak: Brent fell 0.5% to $73.38 per barrel, while WTI edged down 0.3% to $70.14 — both near pre-war levels. Brent at February 27 low: The global benchmark touched its lowest level since the day before the U.S.-Iran conflict began. Prior session’s 4% crash: Wednesday’s sharp …

U.S. Treasury yields moved lower on Wednesday as declining oil prices helped calm inflation concerns and improved investor sentiment across financial markets.The drop followed signs of easing tensions around one of the world’s most important energy shipping routes, reducing fears of major disruptions to global oil supplies. As concerns over …

The US Dollar strengthened sharply on Wednesday, climbing to its highest level in a year as investors positioned themselves ahead of a closely watched inflation report that could shape expectations for interest rates and the broader economic outlook.Financial markets are focused on upcoming US inflation figures, which are expected to …

The British Pound came under renewed pressure on Wednesday after Prime Minister Keir Starmer announced his resignation, triggering fresh political uncertainty at a time when the UK economy is already showing signs of strain. Investors reacted cautiously to the surprise leadership change, with markets now focusing on the upcoming contest …

The European Union is preparing a major overhaul of its banking sector, with new legislation expected in early 2027 aimed at removing long-standing barriers between national banking markets and unlocking billions of euros in investment across the bloc.According to a draft European Commission report, European policymakers believe the current banking …

The Euro extended its losses against the US Dollar for a third consecutive session as growing expectations of further US interest rate increases continued to strengthen the Dollar and weigh on the common European currency.Investor sentiment has increasingly shifted in favor of the Dollar following recent signals that US policymakers …