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AUD/USD firms near critical resistance ahead of RBA Meeting Minutes
The Australian Dollar (AUD) is trading positively in the early hours of Tuesday's Asian session, while the US Dollar (USD) remains under pressure.
Canadian Dollar tests fresh multi-month highs to kickstart June markets
The Canadian Dollar (CAD) caught a fresh bid against the US Dollar (USD), with June's market window kicking things off with a fresh six-month peak in intraday Loonie bids against the Greenback.
AUD/JPY Price Forecast: Remains subdued, trapped within 92.50-93.00
The AUD/JPY is poised to close on Monday with gains of over 0.09% amid a subdued trading session, despite an improvement in risk appetite during the day. At the time of writing, the cross-pair trades at 92.74 after bouncing off a daily low of 92.37.
USD/CHF Price Forecast: Slides below 0.82, reachis mul-week low as USD appreciates
USD/CHF extended its losses during Monday's North American session, down 0.60% as the Greenback weakened across the board.
Trump administration sets Wednesday deadline for trade offers from other countries
The Trump administration is reportedly working on delivering a final trade offer deadline set for this Wednesday.
BoE's Mann: Impact of QT is a more salient issue now BoE is cutting rates.
Bank of England's MPC (hawk) member Catherine Mann said that the bank should closely monitor the effects of its quantitative tightening (QT) programme on monetary and financial conditions, especially in light of the recent interest rate cuts.
GBP/USD steadies near 1.3540 as the US Dollar struggles under global pressure
The British Pound (GBP) bounces back at the start of the week, advancing against the US Dollar (USD) on Monday and trimming last week's losses. The GBP/USD pair is rebounding modestly as investors pare back US Dollar holdings amid lingering uncertainty over the global economic outlook.
Fed's Goolsbee: Rates can come down over 12-18 months
On Monday, Austan Goolsbee, President of the Chicago Federal Reserve Bank, expressed his belief that the Fed would eventually lower short-term rates once the uncertainty surrounding tariff policies is resolved.
Forex Today: Focus remains on US jobs data and EMU flash CPI
The US Dollar (USD) faced increasing selling pressure in quite a negative start to the new trading week, slipping back to multi-week troughs amid the resurgence of trade concerns and jitters over the health of the US economy.
Silver Price Forecast: XAG/USD surges over 5%, hits yearly high
Silver prices soar, gaining over 5% on Monday, as investors who had become risk-averse earlier pushed the grey metal higher. However, as market sentiment improved, buyers continued to drive XAG/USD higher, trading at $34.65 near year-to-date (YTD) highs.
EUR/USD reaches six-week high near 1.1450 as US Dollar slides on trade jitters
EUR/USD edges up during the North American session to hit a six-week high of 1.1449, poised to stay above 1.1400 as the US Dollar drops to levels last seen in April as the "Sell America" trade continues.
USD/JPY weakens as investors seek refuge in the Yen amid weak US PMI data
The Japanese Yen (JPY) is gaining strength against the US Dollar (USD) on Monday, as investors seek refuge in the Yen's safe-haven appeal.
Dow Jones Industrial Average struggles under the weight of fresh trade concerns
The Dow Jones Industrial Average (DJIA) remains trapped in near-term congestion as trade woes weigh on investors and the new trading month kicks off on a cautious note.
WTI Price Forecast: Oil prices climb on weaker USD, geopolitical tension, WTI stalls near key resistance
West Texas Intermediate (WTI) crude oil edges higher on Monday, kicking off the week on a firmer footing as a weaker US Dollar (USD) and persistent geopolitical tensions between Russia and Ukraine continue to underpin market sentiment.
EUR/GBP steadies as pair holds above key technical resistance
The Euro (EUR) is consolidating against the Pound Sterling (GBP) on Monday, with markets focusing on key economic data and geopolitical developments.
Gold skyrockets to 4-week high amid geopolitical tensions, tariffs fears
Gold prices rallied sharply on Monday, reaching their highest level in over four weeks, as geopolitical risks escalated over the Russia-Ukraine conflict. Renewed tensions on trade between the United States (US) and China prompted investors to buy the yellow metal throughout the day.
USD/CAD under pressure as Canada PMI improves, US data disappoints
The Canadian Dollar (CAD) extends its winning streak against the US Dollar (USD) for a third consecutive day on Monday, supported by rising oil prices and sustained weakness in the Greenback.
Crude rallies despite OPEC+ supply return - TDS
Crude prices are rallying even as OPEC+ continues to bring crude Oil back to markets, TDS' Senior Commodity Strategist Daniel Ghali notes.
Aluminium premium soars 25% on new U.S. tariffs - TDS
Raising Aluminium and steel tariffs has driven Aluminium's midwest premium to nearly instantly rise by nearly 25% of the LME3m benchmark price, TDS' Senior Commodity Strategist Daniel Ghali notes.
Gold: Long market plumbing - TDS
Markets continue to expect large-scale CTA buying activity in Gold markets, tallying up to a massive +20% of max size into this week's NFP in any scenario for prices, reflecting a rise in leverage and signal strength as Liberation day's vol-shock continues to reverberate across markets, TDS' Senior
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