The USD continues to move higher as yields move higher
The USD is ticking to highs /new highs as yields continue to move higher. The 10 year yield is now up 10.1 basis points at 4.562 year yield. The 2-year…
GBP/USD: Sterling Under Pressure Despite Strong GDP Data
Fundamental Background UK GDP grew by 0.6% in the first quarter of 2026, notably above the revised 0.2% reading recorded in the fourth quarter of 2025. The main contribution came…
Gold Falls on US Inflation Concerns as Week Ends in Losses
Gold continued its decline on Friday, falling to 4,619 USD per ounce. The week is set to close with losses of around 1%, as mounting US inflation puts pressure on…
Euro: Global Euro moment still unfulfilled – ING
ING’s Carsten Brzeski argues that Europe has yet to earn its “global euro moment” outlined by European Central Bank (ECB) President Christine Lagarde in 2025. Despite progress on initiatives like…
Breaking: Indian Rupee hits all-time low around 96.00 against US Dollar
The Indian Rupee (INR) slides to a fresh all-time low against the US Dollar (USD) on Friday. The USD/INR pair jumps to 96.00 as the Indian Rupee faces intense selling…
USD/CAD Turns Higher for Second Week, Tests 50-SMA
USDCAD rises above 1.3700 as gains extend for second consecutive week. Technical bias remains positive, but caution emerges near 50-SMA. USDCAD has traded mostly in positive territory since the beginning…
Trump win. US House ties on Iran war vote. War costs, gas prices test Republican unity.
The US House tied 212-212 on legislation to curb Trump's Iran war powers, with three Republicans defecting, as the conflict costs hit $29bn and gas prices weigh on GOP ahead…
Euro rallies above 0.8700 against the British Pound as UK political turmoil worsens
The Euro (EUR) rallies for the second consecutive day against an ailing British Pound (GBP) on Friday, crushed by growing political uncertainty in the UK. The cross reached fresh five-week…
Trump says he and China’s Xi agree Iran cannot have nuclear weapons
Trump says he and China’s Xi agree Iran cannot have nuclear weapons Source link
XAUUSD Elliott Wave Update: Gold in Expanded Flat Correction
After completing the correction at $4098.74 on the March 23 low, Gold (XAUUSD) initiated a rally in a clear impulsive structure. From that level, wave (1) advanced and concluded at…
