News
Important Only
Canadian Dollar hesitates on Wednesday after wholesale trade estimate teases decline
FxstreetJun 26, 2024
US Dollar rises to new high, underpinned by rising Treasury yields
FxstreetJun 26, 2024
Russia Industrial Output came in at 5.3%, above forecasts (2.5%) in May
GBP/USD Price Analysis: Pound plummets, targets 1.2600 as evening star surfaces
FxstreetJun 26, 2024
DXY: Almost touches 106.00 – DBS
EUR/USD: Waiting for the election rally – DBS
Forex
GBP/USD Price Analysis: Pound plummets, targets 1.2600 as evening star surfaces
The Pound Sterling lost ground versus the Greenback on Wednesday following the release of US housing data, which highlights the sector's weakness, yet the buck trades at around 8-week highs, as shown by the US Dollar Index (DXY).Fxstreet
Jun 26, 2024
Commodities
Precious metals stall amid USD strengthening – TDS
Precious metals are losing a bit of steam amid a strengthening US Dollar (USD), TDS Senior Commodity Strategist Ryan McKay notes Economic data to influence appetite for Gold “Looking forward, traders are watching the data like hawks and a host of economic data this week could influence the macro cohort's appetite for Gold (XAU/USD).” “The PCE data will be top of mind after the below consensus CPI and PPI data, and we look for the core segment to advance at its softest monthly pace of the year at 0.13%.
Fxstreet
Jun 26, 2024
Commodities
Industrial metals fail to generate material gains – TDS
As news and speculation continue to swirl about potential domestic consumer-based stimulus being announced at China's third plenum in July, industrial metal prices have failed to generate any material gains, TDS Senior Commodity Strategist Ryan McKay notes.Fxstreet
Jun 26, 2024
