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USD/JPY trades above 144.00 as safe-haven flows boost the US Dollar amid rising Middle East tensions.BoJ is expected to hold rates steady, limiting support for the Yen despite earlier hawkish signals from Governor Ueda.Japan and the US prepare to meet at the G7 summit in Canada, where the two nation

The cooling in the UK jobs market is gathering pace. Wage growth is slowing, too. While the bar for the Bank of England to speed up rate cuts seems to be set fairly high, this data helps cement cuts in August and November. The UK jobs market might be turning a corner – and not in a good way. What st

USD/INR slips to 85.36 as the Indian Rupee rebounds after last week’s decline.India’s HSBC Manufacturing PMI was revised to 57.6 in May, signaling a mild slowdown.RBI’s $73B short dollar forward position raises risks, interest rate decision due Friday. The Indian Rupee (INR) stages a mild recovery,

Campbell's has seen customers prepare their own meals at the highest rate in about half a decade, offering the latest sign of everyday people tightening their wallets amid economic concerns. "Consumers are cooking at home at the highest levels since early 2020," Campbell's CEO Mick Beekhuizen said M

MetaQuotes Notice:The issue where MT4 Android version 1444 and iOS version 1440 were unable to search for servers has now been resolved.Please make sure to update your MT4 to the latest version. For Android users, be sure to copy and open the following link in your browser to download and install th

The massive inflation shock last week means that the Bank of England's recent hawkishness is fully validated and the pound looks set to remain the second highest-rate G10 currency after the dollar for the foreseeable future. Together with the UK economy's relative immunity from Trump's tariffs, the

WTI Oil price depreciates due to increased oversupply threats.The OPEC+ may increase output by an additional 411,000 barrels per day for July this week.Oil demand struggles due to rising US economic concerns, driven by the 'Sell America' sentiment. West Texas Intermediate (WTI) Oil price remains sub

In this technical blog, we will look at the past performance of the 1-hour Elliott Wave Charts of GBPUSD. In which, the rally from 13 January 2025 low is unfolding as an impulse sequence & showed a higher high sequence therefore, called for an extension higher to take place. We knew that the str

EUR/USD broke above the 1.1300 handle on Wednesday.Markets soured on the US Dollar after Treasury yields rose and bond demand fell.PMI double-header on the cards for Thursday as business survey results land on both sides of the Pacific. EUR/USD caught a bid on Wednesday, breaking through the 1.1300

The “Sell America” movement is flailing around and not working as it was supposed to. The stock market might be iffy around the edges and the dollar is down, but the 30-year yield is high and diverging from the dollar, as the Bloomberg chart shows. We see the same thing in the dollar index vs. the 1

Gold price rallies on the back of headlines that Israel considers striking Iran nuclear facilities. President Trump clashes with Republican members on getting his fiscal package plan through US Congress. Technically, Gold has broken out of its tight range after popping above $3,300. Gold (XAU/USD) b