News
Important Only
Silver Price Forecast: XAG/USD struggles to sustain above $29 as Fed signals fewer rate cuts this year
FxstreetJun 13, 2024
FX option expiries for June 13 NY cut
Investing.comJun 13, 2024
Citi opens upside catalyst watch on BYD; sees strong exports, domestic markets
EUR/JPY Price Analysis: The key resistance level is located near 170.00
Investing.comJun 13, 2024
Gold prices dip in face of fewer rate cuts this year
USD/CHF appreciates to near 0.8950 due to hawkish Fed, SNB Financial Stability Report eyed
Technical Analysis
FX option expiries for June 13 NY cut
FX option expiries for June 13 NY cut at 10:00 Eastern Time, via DTCC, can be found below - EUR/USD: EUR amounts 1.0685 899m 1.0750 1.3b 1.0775 1.8b 1.0780 2b 1.0800 1.2b 1.0810 909m - GBP/USD: GBP amounts 1.2700 495m 1.2750 594m - USD/JPY: USD amounts 156.00 1.4b 156.20 616m 156.80 703m 158.10 693m - USD/CHF: USD amounts 0.8850 720m 0.8900 705m 0.8950 1.3b 0.9000 949m - AUD/USD: AUD amounts 0.6630 1b 0.6650 1.3b - USD/CAD: USD amounts 1.3670 801m 1.3675 949m 1.3700 978m 1.3750 1.5b 1.3775 726m 1.3800 505mFxstreet
Jun 13, 2024
Stocks
Citi opens upside catalyst watch on BYD; sees strong exports, domestic markets
Investing.com-- Citibank analysts opened a 30-day upside catalyst watch on BYD Co's (SZ:002594) Hong Kong shares (HK:1211) on Wednesday, stating that lower-than-feared EU import tariffs and strong domInvesting.com
Jun 13, 2024
Forex
Asia FX weakens as hawkish Fedspeak offsets inflation relief; BOJ awaited
Investing.com-- Most Asian currencies weakened on Thursday as forecasts of fewer interest rate cuts by the Federal Reserve dented appetite for regional markets, even as the dollar fell on a soft inflaInvesting.com
Jun 13, 2024
Forex
GBP/USD Price Analysis: Remains depressed below 1.2800, downside potential seems limited
The GBP/USD pair edges lower during the Asian session on Thursday and retreats further from over a three-month top, around the 1.2860 region touched the previous day, in reaction to softer US consumer inflation figures.
Fxstreet
Jun 13, 2024
Stocks
Musk says Tesla resolutions for pay plan, Texas move passing by "wide margin"
Investing.com-- Tesla Inc (NASDAQ:TSLA) shareholder resolutions for CEO Elon Musk’s $56 billion pay package and for the company to reincorporate in Texas from Delaware were seen passing by a wide margInvesting.com
Jun 13, 2024
Commodities
WTI remains on the back foot below $78.00 mark and two-week top touched on Wednesday
West Texas Intermediate (WTI) US crude Oil prices trade with a mild negative bias during the Asian session on Thursday, albeit lack bearish conviction and remain well within the striking distance of a nearly two-week high touched the previous day.
Fxstreet
Jun 13, 2024
Economic Indicator
China’s SAFE: Will strengthen FX situation monitoring and policy reserves
China’s FX regulator, the State Administration of Foreign Exchange (SAFE), said in a statement on Thursday, it “will strengthen FX situation monitoring and policy reserves.” Additional quotes Will severely crack down on illegal FX activities.
Fxstreet
Jun 13, 2024
Stocks
Asian stocks rise as tech tracks Wall St rally; Hawkish Fed limits gains
Investing.com-- Most Asian stocks rose on Thursday as the technology sector tracked an overnight rally on Wall Street, although overall gains were limited after the Federal Reserve slashed its outlookInvesting.com
Jun 13, 2024
Commodities
Gold price extends overnight pullback from 50-day SMA amid reduced Fed rate cut bets
Gold prices (XAU/USD) gained positive traction for the third successive day on Wednesday and touched a fresh weekly peak, around the $2,341-2,342 area in reaction to softer US consumer inflation figures.
Fxstreet
Jun 13, 2024
