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The USD/CAD pair jumps to near the round-level resistance of 1.3800 in Tuesday’s American session.

FxstreetJun 11, 2024

USD/CAD Price Analysis: Rises to 1.3800 ahead of US CPI and Fed’s policy decision

Algorand (ALGO) price is about to break below the daily support level at $0.161 on Tuesday, extending its two-week decline after being rejected near $0.200 on May 27.

FxstreetJun 11, 2024

Algorand Price Forecast: Heading to a 10% crash

The Federal Reserve's (Fed) Federal Open Market Committee (FOMC) is widely expected to keep rates unchanged on Wednesday, with Chairman Jerome Powell likely providing a similar policy message compared to May, analysts at TD Securities write in a note.

FxstreetJun 11, 2024

Fed expected to keep rates unchanged – TDS

FxstreetJun 11, 2024
Federal Reserve likely to stay on hold in June – BBH
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FxstreetJun 11, 2024
AUD/USD stabilizes near 0.6600 albeit uncertainty ahead of US CPI and Fed’s decision
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FxstreetJun 11, 2024
What to expect from Cardano’s Chang hard fork?
FxstreetJun 11, 2024
United States Redbook Index (YoY) down to 5.5% in June 7 from previous 5.8%
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FxstreetJun 11, 2024
WTI tumbles to near $77.00 amid uncertainty ahead of China/US CPI, Fed’s outcome
FxstreetJun 11, 2024
Canada Building Permits (MoM) came in at 20.5%, above expectations (5.2%) in April
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Economic Indicator

Federal Reserve likely to stay on hold in June – BBH

The two-day FOMC meeting begins on Tuesday and ends on Wednesday.
Fxstreet
Jun 11, 2024
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Forex

AUD/USD stabilizes near 0.6600 albeit uncertainty ahead of US CPI and Fed’s decision

The AUD/USD pair gains ground slightly below the round-level resistance of 0.6600 in Tuesday’s New York session.
iconAUD/USD
Fxstreet
Jun 11, 2024
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Cryptocurrencies

What to expect from Cardano’s Chang hard fork?

Cardano (ADA) could move into the final phase of its program to become a blockchain ecosystem governed by the community.
iconCardano
Fxstreet
Jun 11, 2024
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Economic Indicator

United States Redbook Index (YoY) down to 5.5% in June 7 from previous 5.8%

United States Redbook Index (YoY) down to 5.5% in June 7 from previous 5.8%
Fxstreet
Jun 11, 2024
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Commodities

WTI tumbles to near $77.00 amid uncertainty ahead of China/US CPI, Fed’s outcome

West Texas Intermediate (WTI), futures on NYMEX, declines to near $77.00 in Tuesday’s New York session.
iconWTI
Fxstreet
Jun 11, 2024
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Economic Indicator

Canada Building Permits (MoM) came in at 20.5%, above expectations (5.2%) in April

Canada Building Permits (MoM) came in at 20.5%, above expectations (5.2%) in April
Fxstreet
Jun 11, 2024
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Forex

Brazil IPCA Inflation came in at 0.46%, above forecasts (0.42%) in May

Brazil IPCA Inflation came in at 0.46%, above forecasts (0.42%) in May
Fxstreet
Jun 11, 2024
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Economic Indicator

Mexico Industrial Output (YoY) registered at 5.1% above expectations (4.4%) in April

Mexico Industrial Output (YoY) registered at 5.1% above expectations (4.4%) in April
Fxstreet
Jun 11, 2024
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Commodities

Gold continues bearish tone on outlook for US interest rates

Gold (XAU/USD) trades a quarter of a percent lower on Tuesday after being rejected by key support-turned-resistance at $2,315 late Monday.
iconGold
Fxstreet
Jun 11, 2024
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Economic Indicator

ECB's Lane: We will be agile on interest rates

European Central Bank (ECB) Chief Economist Phillip Lane said on Tuesday that they will be agile on interest rates, per Reuters.
Fxstreet
Jun 11, 2024
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Indices

US Dollar steadies as markets turn cautious ahead of CPI, Fed decision

The US Dollar (USD) trades flat, just above 105.00 on Tuesday, and is unlikely to move away in the coming hours unless something pivotal occurs. Despite its gains from Monday, after French President Emmanuel
Fxstreet
Jun 11, 2024
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Economic Indicator

South Africa Manufacturing Production Index (YoY) climbed from previous -6.4% to 5.3% in April

South Africa Manufacturing Production Index (YoY) climbed from previous -6.4% to 5.3% in April
Fxstreet
Jun 11, 2024
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Cryptocurrencies

Dogecoin, Shiba Inu on-chain metrics support price decline as meme tokens bleed

Dogecoin (DOGE) and Shiba Inu (SHIB) on-chain metrics signal a loss of relevance among market participants, suggesting that both meme coins could extend recent losses.
iconDogecoin
Fxstreet
Jun 11, 2024
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Forex

EUR/USD slides further amid increasing uncertainty after EU election results

EUR/USD shows weakness near the immediate support of 1.0730 in Tuesday’s European session.
iconEUR/USD
Fxstreet
Jun 11, 2024
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Commodities

Natural Gas rallies as Europe discusses keeping Russian flows via Ukraine

Natural Gas price (XNG/USD) trades higher on Tuesday, nearing a fresh yearly high, as Europe discusses ways of keeping flows via Ukraine alive next year and amid increasing supply from Norway.
Fxstreet
Jun 11, 2024
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Forex

EUR/GBP declines toward 0.8400 amid uncertainty over French elections

The EUR/GBP pair seems exposed to more downside towards the round-level support of 0.8400.
iconEUR/GBP
Fxstreet
Jun 11, 2024
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Economic Indicator

United States NFIB Business Optimism Index came in at 90.5, above expectations (89.8) in May

United States NFIB Business Optimism Index came in at 90.5, above expectations (89.8) in May
Fxstreet
Jun 11, 2024
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