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British Pound: Weak bias against US Dollar with key support in focus – UOB
United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann note that GBP/USD remains in a corrective phase after testing April’s low near 1.3160 and rebounding.
Mon, Jun 22
British Pound rallies to 213.70 vs bearish JPY as Iran risks counter BoJ, UK politics
The GBP/JPY cross rebounds nearly 100 pips from the daily low, filling a modest bearish gap down opening on Monday and hitting a fresh daily high near the 213.70 region during the early European session.
Mon, Jun 22
WTI Price Forecast: In a bearish channel, with the $75 level under pressure
Crude Oil reversed previous gains and resumed its decline on Monday as news reports indicated progress in US-Iran talks. The US benchmark West Texas Intermediate (WTI) barrel has dropped about $2.5 from session highs and is wavering around $75.00 at the time of writing,
Mon, Jun 22
USD/CAD Price Forecast: Hits fresh 14-month highs near 1.4200 confluence barrier
USD/CAD continues to gain ground for the eighth successive day, trading around 1.4180 during the early European hours on Monday. The technical analysis of the daily chart indicates the pair is moving upwards within the ascending channel pattern, signaling a persistent bullish bias.
Mon, Jun 22
US Dollar Index Price Forecast: Heading towards 102.00 as hawkish Fed bets intensify
The US Dollar (USD) outperforms its major currency peers amid growing expectations that the Federal Reserve (Fed) will deliver more than one interest rate hike this year.
Mon, Jun 22
Turkey Consumer Confidence: 87.9 (June) vs 85.8
Turkey Consumer Confidence: 87.9 (June) vs 85.8
Mon, Jun 22
Euro edges higher against British Pound amid UK political uncertainty
The EUR/GBP cross gathers strength to around 0.8670 during the early European trading hours on Monday. The British Pound (GBP) weakens against the Euro (EUR) due to political uncertainty in the United Kingdom (UK).
Mon, Jun 22
Pi Network Price Forecast: Ecosystem Directory Staking upgrade boosts recovery hopes
Pi Network (PI) is nearing the key resistance zone at $0.137 at the time of wrting on Monday, with a breakout suggesting a bullish move.
Mon, Jun 22
Russian Ruble: Hawkish central bank and limited FX impact – Commerzbank
Commerzbank’s Michael Pfister notes that the Russian Central Bank surprised markets by cutting rates only 25 bps to 14.25%, instead of the 50 bps expected, signalling a hawkish stance and caution on further easing.
Mon, Jun 22
Euro strengthens against Canadian Dollar as oil prices decline
EUR/CAD extends its gains for the second successive day, trading around 1.6260 during the Asian hours on Monday.
Mon, Jun 22
NZD/USD Price Forecast: Languishes near 0.5720 as geopolitical risks weigh
The New Zealand Dollar (NZD) ticks down against the US Dollar (USD) on Monday, trading at 0.5730 at the time of writing, holding losses from last week’s sell-off and drawing closer to the year-to-date low of 0.5681.
Mon, Jun 22
Equities: Investors weigh Iran risks and IT growth – Danske Bank
Danske Research Team observes that equities fell on Friday, led by Europe, as renewed concerns around Iran and stalled talks weighed on sentiment and drove a defensive rotation.
Mon, Jun 22
GBP/USD Price Forecast: UK political uncertainty calls fresh leg of downfall ahead
The GBP/USD pair recovers some of its early losses, but is still 0.1% down to near 1.3220 during the early European trading session on Monday.
Mon, Jun 22
Euro: Consolidation before potential slide against US Dollar – UOB
United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann highlight that EUR/USD remains under pressure after briefly dipping to 1.1416 before rebounding.
Mon, Jun 22
Silver Price Analysis: XAG/USD advances above $66.00, but below key resistance in broader downtrend
Silver (XAG/USD) rises to around $66.35 during the early European trading hours on Monday. The precious metals attracts some buyers amid progress of US-Iran peace deal, easing tension in the Middle East.
Mon, Jun 22
Indian Rupee holds gains as Iran touts progress in deal with US
The Indian Rupee (INR) trades firmly against the US Dollar (USD) in the opening session on Monday.
Mon, Jun 22
Indonesian Rupiah declines as MSCI’s warning triggers capital outflows
USD/IDR rebounds after registering modest losses in the previous trading day, hovering around 17,870 during the Asian hours on Monday.
Mon, Jun 22
Asian stock trade lower despite progress in US-Iran peace talks; Japan's Nikkei rallies 2%
Asian stocks kick off the new week on a downbeat note, though signs of progress in US-Iran pace negotiations eased concerns over a potential escalation in geopolitical tensions and limited deeper losses.
Mon, Jun 22
Cardano Price Forecast: Whale accumulation offers limited relief
Cardano (ADA) is trading near $0.158 on Monday after a steep 14% correction in the previous week.
Mon, Jun 22
Australian Dollar remains weak near 0.7000 on Middle East peace doubts
The AUD/USD pair loses traction to near 0.7005 during the early European trading hours on Monday, pressured by risk-off sentiment. Traders continue to assess the developments surrounding the US-Iran peace deal following fresh threats from US President Donald Trump.
Mon, Jun 22
