News
Important Only
Mexican Peso depreciates further on continued political uncertainty
FxstreetJun 12, 2024
Worldcoin bottoms out as Elon Musk drops lawsuit against OpenAI
IEA lowers 2024 global demand growth forecast by 100,000 bpd to 960,000 bpd
NZD/USD depreciates to near 0.6150 as the Fed is expected to keep the policy rate unchanged
FxstreetJun 12, 2024
Floki price eyes rally following liquidity sweep
USD/CHF remains timid around 0.8950 due to investors’ caution ahead of FOMC decision
Commodities
IEA lowers 2024 global demand growth forecast by 100,000 bpd to 960,000 bpd
In its monthly oil market report published on Wednesday, the International Energy Agency (IEA) slashed the 2024 global oil demand growth forecast by 100,000 bpd to 960,000 barrels per day (bpd).Fxstreet
Jun 12, 2024
Forex
NZD/USD depreciates to near 0.6150 as the Fed is expected to keep the policy rate unchanged
NZD/USD edges lower as traders favor the US Dollar (USD) ahead of the Federal Reserve's (Fed) decision and the release of US inflation figures for May, scheduled for later in the North American trading hours.Fxstreet
Jun 12, 2024
Cryptocurrencies
Floki price eyes rally following liquidity sweep
Floki (FLOKI) price could experience a nearly 30% rebound in the short-to-medium term, according to technical indicators and on-chain metrics, as the meme coin heads towards a key level that has previously acted as a support and amid a rise in development activity.Fxstreet
Jun 12, 2024
Forex
Pound Sterling steadies after UK GDP data shows economy stalled in April
The Pound Sterling (GBP) hovers around 1.2750 against the US Dollar (USD) in Wednesday’s London session, broadly unaffected by the United Kingdom's (UK) monthly Gross Domestic Product (GDP) and Industrial Production data for April.
Fxstreet
Jun 12, 2024
Forex
Forex Today: US inflation report and Fed policy decisions to dominate markets
Here is what you need to know on Wednesday, June 12: The US Dollar (USD) holds steady early Wednesday as investors gear up for key macroeconomic events that could significantly impact the currency's valuation.Fxstreet
Jun 12, 2024
Economic Indicator
ECB’s Villeroy: France should clarify its budget strategy amid political tensions
European Central Bank (ECB) Governing Council member and Bank of France President, Francois Villeroy de Galhau, made some comments on the French economic and political scenario on Wednesday.
Fxstreet
Jun 12, 2024
Technical Analysis
FX option expiries for June 12 NY cut
FX option expiries for June 12 NY cut at 10:00 Eastern Time, via DTCC, can be found below - EUR/USD: EUR amounts 1.0700 567m 1.0800 2.1b 1.0810 940m 1.0900 711m 1.0950 654m - GBP/USD: GBP amounts 1.2795 1.8b 1.2805 645m - USD/JPY: USD amounts 156.00 940m 156.60 757m 157.00 842m 157.50 610m - USD/CHF: USD amounts 0.8800 748m 0.8975 494m - AUD/USD: AUD amounts 0.6615 1.4b 0.6620 1.2b 0.6630 1.1b 0.6650 798m - USD/CAD: USD amounts 1.3800 751m 1.3850 485m - NZD/USD: NZD amounts 0.6100 990m 0.6200 1.5b -Fxstreet
Jun 12, 2024
Cryptocurrencies
Bitcoin price today: recovers to $69k ahead of Fed rate decision, CPI print
Investing.com-- Bitcoin price rose higher on Wednesday, rebounding from a decline in the prior session when risk appetite was largely constrained by anticipation of a Federal Reserve meeting and key iInvesting.com
Jun 12, 2024
