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The GBP/USD dropped during the North American session after employment data from the UK was weaker than expected, undermining the Pound Sterling.

FxstreetJun 11, 2024

GBP/USD Price Analysis: Consolidates around 1.2700 ahead of FOMC’s decision

Industrial metals are melting lower amid concerns around Chinese demand, analysts at TD Securities noted.

FxstreetJun 11, 2024

Copper price faces pressure amid lower Chinese demand – TDS

Gold (XAU/USD) prices show resilience amid China halting its purchasing program and the Federal Reserve uncertainty, analysts at TD Securities note.

FxstreetJun 11, 2024

Gold shows strength despite Fed uncertainty – TDS

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FxstreetJun 11, 2024

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

FxstreetJun 11, 2024

Algorand Price Forecast: Heading to a 10% crash

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?

Forex

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

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

Fxstreet

Jun 11, 2024

Cryptocurrencies

Algorand Price Forecast: Heading to a 10% crash

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.

Fxstreet

Jun 11, 2024

Economic Indicator

Fed expected to keep rates unchanged – TDS

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.

Fxstreet

Jun 11, 2024

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

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.

Fxstreet

Jun 11, 2024

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.

Fxstreet

Jun 11, 2024

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

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.

Fxstreet

Jun 11, 2024

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

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

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

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.

Fxstreet

Jun 11, 2024

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

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

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

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.

Fxstreet

Jun 11, 2024

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.

Fxstreet

Jun 11, 2024

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