The EUR/USD bears stay the course and continue to eye a test of 1.04 the figure. The US dollar has climbed to score fresh bull cycle highs ahead of the Fed. At 1.0448, the Euro is still trailing to the US dollar by some 0.65% despite the recent bid in …
Read More »Bitcoin Surges on U.S.-China Trade Talk Progress, Altcoins Follow Suit
Bitcoin experienced a sharp rise on Tuesday as investors reacted positively to the progress in ongoi…
Oil Prices See Modest Gains Ahead of U.S.-China Trade Talks and Ongoing Geopolitical Tensions
Oil prices inched higher on Tuesday as investors cautiously awaited the outcome of ongoing U.S.-Chin…
European Equities Remain Range-Bound as Investors Await Progress in U.S.-China Trade Talks
European equity indices traded in tight ranges on Tuesday, with investors closely watching ongoing t…
Gold Prices Fall as Risk Appetite Grows Ahead of U.S.-China Trade Talks and Inflation Data
Gold prices saw a decline on Tuesday in Asian trade, pressured by improving risk appetite and reduce…
Crude Oil Rises on Trade Talks Hopes, Summer Demand Bets
West Texas Intermediate (WTI) crude oil prices surged past $64.00 per barrel on June 9, 2025, hittin…
EUR/USD Jumps Past 1.14 on Trade Talks Hopes, ECB’s Hawkish Rhetoric
The EUR/USD pair surged beyond 1.1424; climbing over 0.27% as buoyant market sentiment and a firm Eu…
Gold Surges as Dollar Weakens and Trade Talks Shift
Gold prices are climbing, reaching $3,333.95 per ounce, up +0.73% during the North American trading …
WWDC 2025: Wall Street Watches Apple’s Software, AI Upgrades, Market Gains
Apple’s Worldwide Developers Conference (WWDC), kicking off in Cupertino on June 9, 2025, promises a…
How Dollar Dynamics React with U.S.-China Trade Talks
The U.S. Dollar is navigating choppy waters as trade negotiations with China take center stage. Pres…
Falling Inflation Expectations Signal Shifting US Economic Outlook
The Federal Reserve Bank of New York’s latest Survey of Consumer Expectations, released on June 9, 2…
Market Analysis
June, 2022
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13 June 2022 11:00 pm
USD/CAD Advances Ahead Of Fed’s June Meeting
As Wall Street collapses, and as the USD surges, high inflation might trigger an aggressive US Federal Reserve reaction in an attempt to bring inflation under control, despite increasing concerns about a US recession.The USD/CAD pair gained traction on Monday and extended its rally to three consecutive days, even though …
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13 June 2022 9:52 pm
For Economic Reasons, Ads Call On Biden To Resign
Republican Florida Senator Rick Scott on Monday released the latest TV advertisement targeting US President Joe Biden and promoting Scott’s “Rescue America” plan.“Joe Biden has destroyed America’s economy,” Scott says in the ad. “It’s time to be honest with the American people. Joe Biden is unfit for office and should …
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13 June 2022 9:07 pm
GBP/USD Threatened After Disappointing UK Data
The GBP/USD pair has suffered heavy losses at the beginning of the week. The pair closes in on 1.2200 after disappointing UK data. The US dollar is likely to preserve its strength amid hawkish Fed bets, risk aversion.The GBP/USD pair has extended its slide in the early European session on …
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13 June 2022 8:12 pm
AUD/USD Drops On Risk Aversion, Several Other Concerns
The AUD/USD cratered into the low-0.6900s on Monday, down over 1.5% on the day and over 4.0% lower in four days. The pair is being battered by risk-off flows as markets price a more hawkish Fed and potential recession. China lockdown fears are also hurting the pair, with bears eyeing …
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13 June 2022 7:27 pm
Gold Price Pressured Around $1820
Friday’s US hot inflation reading triggered a flight to safe-haven currencies like the greenback, and precious metals fell.The 2s-10s US Treasury yield curve inverted during the day as a recessionary scenario looms. The CME FedWatch Tool shows that the odds of a 75 bps increase in the June meeting lie …
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13 June 2022 5:48 pm
Gold drops giving back last week’s $30 gain
Gold price is down $27 to $1843, a 1.5% drop. This slump comes after last week’s rise of more than $30 following the CPI report. Today, the market is waiting for the Fed announcement this week. If they decide to deliver higher than a 50 bps rate hike, which would …
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13 June 2022 4:46 pm
BoE to raise rates 25 bps in June – Reuters
The Bank of England will raise interest rates in June by only 25 basis points and continue in the same lane in future meetings despite soaring inflation, a Reuters poll of economists found. The recent poll showed that “all but one of 56 economists expected the BoE to deliver a …
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13 June 2022 3:42 pm
The dollar is rising and the yen is falling to its lowest level since 1998
The price of the dollar, which is considered a safe haven for value, rose towards its highest levels in 20 years against the major currencies on Monday, supported by fears of a global economic slowdown and the expectation of a large interest rate hike by the US Federal Reserve. The …
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13 June 2022 2:38 pm
Gold falls as US Treasury yields rise
The price of gold fell on Monday, after rising to its highest level in a month earlier in the session after strong inflation data in the United States lifted Treasury yields and reduced the attractiveness of safe-haven gold. And the price of gold in spot transactions fell 0.4 percent to …
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13 June 2022 1:38 pm
Oil prices fell after Beijing’s warnings of an increase in Corona cases
Oil prices fell more than $2 on Monday after rising COVID-19 infections in the Chinese capital, Beijing, dashed hopes of a rapid increase in China’s demand for fuel, while concerns about global inflation and economic growth further depressed the market. Brent crude futures fell $1.81, or 1.48 percent, to $119.95 …
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13 June 2022 12:39 pm
Inflation shock causes European shares to lose for the fifth day
European shares fell for the fifth consecutive session Monday, June 13, weighed down by economic-sensitive stocks, as the sharp rise in US inflation raised concerns about the US Federal Reserve’s sharp increase in interest rates. The pan-European Stoxx 600 index was down 1.1% by 07:12 GMT, hitting its lowest level …
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13 June 2022 12:15 pm
Nikkei records biggest decline in 4 months due to inflation fears
Japan’s Nikkei index posted its biggest decline in more than four months on Monday, ending the session at a two-week low after a bigger-than-expected rise in US inflation in May sent Wall Street sharply lower at the weekend. The Nikkei index fell 3.01 percent to close at 26,987.44 points, the …
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