White House defends Cuba sanctions as UN warns of harm
White House defends Cuba sanctions as UN warns of harm Source link
Trump says Iran asked US to halt strikes, bombing to stop shortly
A signal that strikes may be winding down, with direct US Iran contact reported, could trigger an initial relief rally in equities and a pullback in oil prices and safe…
The British Pound Sterling is hawkish for all the wrong reasons
Pound Sterling was handed a gift on Wednesday and dropped it within the hour. A soft core reading inside the US Consumer Price Index (CPI) report knocked the Dollar back…
Crude oil is higher but it is not running after the increased conflict in the middle east
Given the escalating tensions in the Middle East—including reports of an Iranian drone attack on an Apache helicopter and a subsequent U.S. retaliatory strike—one might have expected crude oil prices…
US: Headline Inflation Climbs to a Three-Year High in May
The Consumer Price Index (CPI) rose by 0.5% month-on-month (m/m) in May, meeting the Bloomberg consensus forecast. On a twelve-month basis, CPI jumped 4.2% – the fastest rate of growth…
Sunset Market Commentary – ActionForex
Markets US May CPI inflation printed near consensus. Headline CPI rose by 0.5% M/M with the annual figure breaching the 4% mark for the first time since April 2023 (4.2%…
USDCAD falls after the rate decision but is bouncing
The USDCAD moved lower ahead of the Bank of Canada rate decision, trading at 1.3907 just before the announcement. Following the release, the pair briefly dipped to a session low…
Forex Today: US Dollar rebounds after inflation data
Here is what you need to know for Thursday, June 11:The US Dollar Index (DXY) trades with a firmer tone above 100.00 after May inflation data highlighted persistent price pressure…
Gold tests the 38 2% Fibonacci retracement of the move up from the September 2022 low
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide…
Gold breaks the March lows
Gold has cracked the March low.The spike low early in the war was $4097 and we've just broken through it. That puts gold back where it was in late November…
