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Politics
UK election: Exit poll forecasts major Labour win, historic Tory loss
Keir Starmer, the leader of the Labour Party, is on the brink of becoming the next Prime Minister of the United Kingdom, based on the latest exit poll pred
Forex
GBP/USD tepid as UK election results poised to match early polls, US NFP looms ahead
GBP/USD traded in a tight range on Thursday as Cable traders await final results from the UK’s Parliamentary Election, and markets gear up for a fresh roun
Forex
NZD/USD loses traction below 0.6150 ahead of US NFP data
The NZD/USD pair weakens to nearly 0.6115, snapping the two-day winning streak during the early Asian session on Friday.
Commodities
Gold price consolidates amid choppy trading ahead US NFP
Traders shift focus to Friday's Nonfarm Payrolls report, following the US holiday closure.
Forex
EUR/USD holds steady with US NFP, EU Retail Sales in the barrel
EUR/USD has chalked in a sixth consecutive trading day in green as Friday’s economic data docket looms large ahead.
Economics
FOMC Minutes: Seeking more evidence of easing inflation amidst rising growth and labour concerns – UOB Group
The key takeaway from the US Federal Reserve’s (Fed) minutes of its 11/12 Jun 2024 Federal Open Market Committee (FOMC) meeting, was the Fed policymakers’
Forex
Sterling gains as polling starts; Dollar edges lower in holiday trade
Investing.com - The U.S. dollar slipped lower in early European trade Thursday as weak economic data raised expectations of interest rate cuts by the Feder
Economics
Federal Reserve still waits for economy slowdown – UBS
US markets are closed as the country celebrates its attempt to escape rule by a monarch. There has been media speculation about US President Biden’s candid
Commodities
WTI clings to gains above $82.00 in countdown to US NFP
West Texas Intermediate (WTI), futures on NYMEX, steady above $82.00 in Thursday’s European session as month-long rally from June 4 low of $72.45 appears t
Forex
Japanese Yen strengthens against the US Dollar with US markets closed
The Japanese Yen (JPY) strengthens to around 161.00 against the US Dollar (USD) on Thursday while the US markets are closed for a public holiday.
Politics
Dems see that Biden is unlikely to beat Trump - Strategas
Investing.com - Uncertainty over whether President Joe Biden will stand for reelection is growing after his shaky debate performance, particularly after th
Forex
Mexican Peso gains tailwind from Banxico Heath’s X post
The Mexican Peso (MXN) drifts higher in its key pairs on Thursday although it is gaining more strength against the US Dollar (USD) due to a recent run of p
Forex
NZD/USD remains above 0.6100 due to rising expectations of Fed rate cuts
NZD/USD extends its winning streak for the third successive session, trading around 0.6120 during the European hours on Thursday.
Commodities
Crude Oil rallies after sharp drawdown in EIA supplies, WTI reclaims $83
West Texas Intermediate (WTI) US Crude Oil bounced into the high end on Wednesday, climbing back towards $83.50 per barrel after an early dip back to $82.0
Forex
GBP/JPY soars even further, crosses 206.00 as Yen continues to deflate
GBP/JPY rose to yet another fresh 16-year high on Wednesday, crossing the 206.00 handle after extending recent gains into a 13-trading-day winning streak.
Forex
USD/CHF weakens below 0.9050 ahead of Swiss CPI data
Fed officials maintain a cautious stance and refrain from committing to interest rate cuts.
Forex
GBP/USD jumps higher on broad-market Greenback weakness
GBP/USD extended a near-term rebound on Wednesday, bolstered by a broad softening in US economic figures in the midweek market session.
Commodities
Gold takes off as FOMC Minutes weighed on USD
Gold climbs, spurred by weak US economic data and rising Fed rate cut expectations.
Forex
EUR/USD lurches higher after US data dumps Greenback
US data broadly misses the mark, sparking risk appetite on rate cut hopes.
Commodities
Silver Price Analysis: XAG/USD escalates to eight-day high surpasses $30.00
Technicals indicate a strong upward trend, with XAG/USD exiting a descending channel.
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