Euro: Dependent on Dollar moderation – NBC
National Bank Canada's (NBC) Stéfane Marion and Kyle Dahms observe that the Euro has softened alongside the broader USD rally, even as Eurozone inflation has reaccelerated and pushed the ECB…
Stocks higher, yields lower and oil lower leading to a lower dollar is the formula today
The USD Is lower to kickstart the North American session today. The EURUSD (up 0.34%) and the GBPUSD (+0.49%) are leading the way. The USDJPY is down modestly at -0.02%.…
Crypto Market Rebounds from Its Worst Oversold Conditions Since 2020
Market Overview The crypto market capitalisation has risen by 1.3% over the past 24 hours to $2.18 trillion. With no fresh downward momentum, bears are taking profits, while some investors…
Gold Price Forecast: XAU/USD holds losses below $4,360 despite a softer USD
Gold (XAU/USD) trades flat on Tuesday, near two-and-a-half-month lows at $4,268, with upside attempts capped below $4,360 so far. A moderate risk sentiment improvement, amid halting hostilities in the Middle…
Oil prices fall as investors seek clarity around Iran peace deal hopes
Oil prices fall as investors seek clarity around Iran peace deal hopes Source link
Silver price today: rises on June 9
Silver prices (XAG/USD) broadly unchanged on Tuesday, according to FXStreet data. Silver trades at $68.23 per troy ounce, broadly unchanged 0.08% from the $68.17 it cost on Monday.Silver prices have…
Chart Alert: SPX 500 Weak Market Breadth and Fed Rate Hike Fears Signal Further Downside Risk
Key Takeaways The S&P 500 faces growing downside risks amid deteriorating market breadth. Despite a sharp rebound in semiconductor stocks, only three of the eleven S&P 500 sectors advanced, highlighting…
Bank of Canada: Policy on hold as external shocks bite – Rabobank
Rabobank’s Molly Schwartz and Christian Lawrence expect the Bank of Canada (BoC) to keep its policy rate at 2.25% at the June 10 meeting and through year-end. They highlight that…
Why NextMoveMarkets is Partnering With Prima Capital — Backed by Anthony Salloum
After years of covering the trading industry, analyzing strategies, and evaluating the tools traders use to navigate the global markets, I have always maintained one strict rule for NextMoveMarkets.com: never…
United States Dollar Index Price Forecast: Rising 20-day EMA backs bullish bias
The US Dollar (USD) faces slight selling in the European trading session on Tuesday due to renewed hopes of a potential deal between the United States (US) and Iran. As…
