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Silver price rebounds from a three-week low of $29.38 recorded on Tuesday, now trading around $29.60 per troy ounce during the European session on Wednesday.

FxstreetJun 5, 2024

Silver Price Forecast: XAG/USD trades around $29.50 nearing three-week lows

United Kingdom S&P Global/CIPS Services PMI in line with forecasts (52.9) in May

FxstreetJun 5, 2024

United Kingdom S&P Global/CIPS Services PMI in line with forecasts (52.9) in May

United Kingdom S&P Global/CIPS Composite PMI came in at 53, above expectations (52.8) in May

FxstreetJun 5, 2024

United Kingdom S&P Global/CIPS Composite PMI came in at 53, above expectations (52.8) in May

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FxstreetJun 5, 2024

USD/CAD Price Analysis: Maintains position above 1.3650 due to weakening bearish bias

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FxstreetJun 5, 2024

Eurozone HCOB Composite PMI below forecasts (52.3) in May: Actual (52.2)

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FxstreetJun 5, 2024

Eurozone HCOB Services PMI below forecasts (53.3) in May: Actual (53.2)

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FxstreetJun 5, 2024

Canada Interest Rate Decision Preview: BoC set to cut interest rates after six on-hold meetings

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FxstreetJun 5, 2024

Germany HCOB Services PMI above expectations (53.9) in May: Actual (54.2)

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FxstreetJun 5, 2024

Germany HCOB Composite PMI registered at 52.4 above expectations (52.2) in May

Forex

USD/CAD Price Analysis: Maintains position above 1.3650 due to weakening bearish bias

USD/CAD treads water to continue its gains for the second consecutive session, trading around 1.3680 during the European hours on Wednesday.

Fxstreet

Jun 5, 2024

Forex

Eurozone HCOB Composite PMI below forecasts (52.3) in May: Actual (52.2)

Eurozone HCOB Composite PMI below forecasts (52.3) in May: Actual (52.2)

Fxstreet

Jun 5, 2024

Forex

Eurozone HCOB Services PMI below forecasts (53.3) in May: Actual (53.2)

Eurozone HCOB Services PMI below forecasts (53.3) in May: Actual (53.2)

Fxstreet

Jun 5, 2024

Forex

Canada Interest Rate Decision Preview: BoC set to cut interest rates after six on-hold meetings

There is universal anticipation that the Bank of Canada (BoC) will reduce its policy rate by 25 bps at its upcoming gathering on Wednesday, June 5.

Fxstreet

Jun 5, 2024

Forex

Germany HCOB Services PMI above expectations (53.9) in May: Actual (54.2)

Germany HCOB Services PMI above expectations (53.9) in May: Actual (54.2)

Fxstreet

Jun 5, 2024

Forex

Germany HCOB Composite PMI registered at 52.4 above expectations (52.2) in May

Germany HCOB Composite PMI registered at 52.4 above expectations (52.2) in May

Fxstreet

Jun 5, 2024

Forex

France HCOB Services PMI registered at 49.3, below expectations (49.4) in May

France HCOB Services PMI registered at 49.3, below expectations (49.4) in May

Fxstreet

Jun 5, 2024

Forex

France HCOB Composite PMI below expectations (49.1) in May: Actual (48.9)

France HCOB Composite PMI below expectations (49.1) in May: Actual (48.9)

Fxstreet

Jun 5, 2024

Forex

Italy HCOB Services PMI below forecasts (54.4) in May: Actual (54.2)

Italy HCOB Services PMI below forecasts (54.4) in May: Actual (54.2)

Fxstreet

Jun 5, 2024

Commodities

India Gold price today: Gold rises, according to FXStreet data

Gold prices rose in India on Wednesday, according to data compiled by FXStreet.

Fxstreet

Jun 5, 2024

Forex

Pound Sterling consolidates as investors await US ISM Services PMI and Employment data

The Pound Sterling (GBP) trades in a tight range above 1.2750 in Wednesday’s London session.

Fxstreet

Jun 5, 2024

Economic Indicator

Spain HCOB Services PMI came in at 56.9, above expectations (56) in May

Spain HCOB Services PMI came in at 56.9, above expectations (56) in May

Fxstreet

Jun 5, 2024

Forex

NZD/USD rises toward 0.6200 due to higher Terms of Trade, China Services PMI

NZD/USD retraces its recent losses, trading around 0.6180 during the early European hours on Wednesday.

Fxstreet

Jun 5, 2024

Forex

Forex Today: Attention shifts to high-tier US data and BoC rate decision

Here is what you need to know on Wednesday, June 5: Following the sharp decline seen on Monday, the US Dollar (USD) Index edged slightly higher on Tuesday but failed to gather momentum amid retreating US Treasury bond yields.

Fxstreet

Jun 5, 2024

Economic Indicator

France Industrial Output (MoM) in line with expectations (0.5%) in April

France Industrial Output (MoM) in line with expectations (0.5%) in April

Fxstreet

Jun 5, 2024

Technical Analysis

FX option expiries for June 5 NY cut

FX option expiries for June 5 NY cut at 10:00 Eastern Time, via DTCC, can be found below - EUR/USD: EUR amounts 1.0780 1b 1.0795 706m 1.0800 529m 1.0835 645m 1.0855 1.8b 1.0890 1b 1.0900 1.4b 1.0920 1.4b 1.0950 548m - USD/JPY: USD amounts 154.60 970m 155.30 1.1b 156.60 509m 159.00 552m - AUD/USD: AUD amounts 0.66000 1.1b - USD/CAD: USD amounts 1.3655 446m .

Fxstreet

Jun 5, 2024

Forex

Japanese Yen depreciates, possibly due to investors' caution ahead of US data

The Japanese Yen (JPY) edges lower on Wednesday due to investors' caution ahead of key US data releases later in the day, including the US ADP Employment Change and ISM Services PMI reports.

Fxstreet

Jun 5, 2024

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