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XPT/USD Platinum extends pullback into second consecutive day and fresh bears accelerated on Friday on stronger profit taking from new multi-year peak ($1349 – the highest since Sep 2014). The metal was in steep rally in past two months, which gained pace in June, when the price advanced almost 30%

Global markets remain driven by softer US inflation data, which has weighed on the US dollar amid rising expectations for a potential Fed rate cut in September. Adding to the dollar’s pressure, optimistic headlines around a US-China trade agreement have lifted global risk sentiment. United States –

GBP/USD knocked lower after UK wages and labor data widely missed forecasts.US CPI inflation data is on deck, poised to be a high-impact print.Mid-tier UK trade data and US consumer sentiment figures to follow later in the week. GBP/USD took a step lower on Tuesday, falling under the weight of a wid

Popcorn sales will pop — that’s my best prediction for today — as the world watches the incredible escalation of tensions between Donald Trump and his – once – best buddy, Elon Musk. Musk joined the mounting chorus of critics regarding Trump’s Big and Beautiful Tax Bill. But because nothing is reaso

GBP/JPY appreciates as the Japanese Yen gains ground following the real wages data.Japan’s real wages fell 2.3% YoY in April as persistent inflation outpaced nominal wage growth.Trump signed an executive order to provide UK exporters a temporary relief from the 50% tariffs on steel and aluminium. GB

ICE Brent hit its highest level since mid-May yesterday, with the front-month contract trading just shy of US$66/bbl. Wildfires in Alberta, Canada, provided a boost to prices. This, at a time when the market is digesting the announced OPEC+ July supply hike. There continue to be clear signs of tight

USD/CHF drops to 0.8155 amid renewed “Sell America” sentiment across global marketsRSI confirms bearish momentum; next targets are YTD low at 0.8083 and psychological support at 0.8000Recovery needs break above 0.8200, with resistance at 0.8300 and last week’s high at 0.8346 USD/CHF extended its los

Current GBP/USD price movements still appear to be part of a range trading phase, likely between 1.3400 and 1.3600, UOB Group's FX analysts Quek Ser Leang and Peter Chia note. Current price movements still are a part of a ranged movement 24-HOUR VIEW: "Last Friday, when GBP was at 1.3500, we noted t

Elon Musk criticized the Republican spending bill that recently made it through a House vote, saying it counters the work he's been doing to reduce wasteful government spending. In an interview to be aired June 1 on "CBS Sunday Morning," the richest man in the world and the head of the Department of