Goldman holds TTF gas forecasts, flags upside risk and delayed LNG recovery
The marginal delay to LNG normalisation, pushed from end-June to end-July, is a small but meaningful signal that the physical market is not clearing as quickly as hoped following the…
GBP/USD Braces for Breakout as Fed and UK CPI Draw Near
Key Highlights GBP/USD attempted a fresh increase and tested the 1.3460 resistance. A key contracting triangle is forming with resistance at 1.3450 on the 4-hour chart. The UK Core CPI…
Gold extends gains for 5th day as Iran deal eases inflation jitters; Fed eyed
Gold extends gains for 5th day as Iran deal eases inflation jitters; Fed eyed Source link
Japanese Yen struggles near 160.50 vs USD as FOMC and Iran deal loom
The USD/JPY pair ticks lower during the Asian session on Wednesday, though it remains within striking distance of the highest level since late April, touched last week. Spot prices currently…
EURUSD continues to consolidate in a range after gap gains at the open
The EURUSD gapped higher at the Asia-Pacific open and initially extended gains before rotating lower to a session low of 1.15937. Buyers stepped back in from that level, helping lift…
The RBA rate decision (rates unch) did little to break the AUDUSD one way or the other.
The RBA left interest rates unchanged and reiterated that both headline and underlying inflation remain above target. Policymakers also highlighted elevated uncertainty surrounding the economic outlook, particularly the impact that…
PBOC sets USD/CNY reference rate at 6.8096 vs. 6.8108 previous
The People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead on Wednesday at 6.8096 compared to the previous day's fix of 6.8108 and 6.7659…
EUR/USD and GBP/USD Advance on Reports of a US–Iran Agreement
European currencies are staging a solid recovery after a period of heightened demand for the US dollar, which had previously been supported by geopolitical tensions in the Middle East. Reports…
US-Iran deal: where things stand and what comes next
Oil has shed more than 7% across two sessions on the back of the deal, with prices sliding to fresh three-month lows as markets price in the return of Iranian…
Nasdaq corrects lower in trading today, but backs into support target area.
The NASDAQ surged higher on Monday following the weekend developments, gapping above both its 200-hour moving average (26,284.98) and 100-hour moving average (26,383.84). That move shifted the near-term technical bias…
