British Pound holds steady above 1.3400 vs USD on mixed BoE, Fed cues
The GBP/USD pair is seen oscillating in a narrow trading band during the Asian session on Friday, though it remains on track to register modest weekly gains. Spot prices remain…
AUD/USD softens as US-Iran deal prospects bolster USD and weak jobs curb RBA hike bets
The AUD/USD pair loses ground to near 0.7140 during the Asian trading hours on Friday. The Australian Dollar (AUD) weakens against the US Dollar (USD) as a rise in Australia’s…
Silver Forecast: XAG/USD slips from 23.6% Fibo., back near $76.00
Silver (XAG/USD) struggle to make it through the 23.6% Fibonacci retracement level of the recent fall from the monthly swing high and attracts some sellers during the Asian session on…
Cryptos Pulled Back but Sentiment Rebounds: Opportunity? BTC and Ethereum Technical Outlook
Bitcoin retraced from the $80,000 level, along with other altcoins, and they are lagging US equities after the latest US-Iran peace draft. Cryptos have been consolidating for a while, but…
Oil prices gain as investors doubt breakthrough in US-Iran peace talks
Oil prices gain as investors doubt breakthrough in US-Iran peace talks Source link
New Zealand Dollar flat vs USD despite upbeat Retail Sales
The NZD/USD pair oscillates in a narrow range during the Asian session on Friday and reacts little to the better-than-expected release of New Zealand's quarterly Retail Sales figures. Spot prices,…
ICYMI – Exxon in talks to return to Venezuela oil fields nearly two decades after exit
Exxon Mobil is in talks to return to Venezuelan oil production nearly two decades after being pushed out, with a deal potentially covering six fields and coming together within weks.Summary:…
Sunrise Market Commentary – ActionForex
Markets Bond markets took a benign start yesterday after substantial losses over the previous sessions. In US dealings, headline driven action accelerated the move. One can argue whether it was…
Euro holds the line as its own PMIs slide into contraction
The Euro finished the Thursday session roughly where it began, which only looks like resilience until you read the data behind it. May flash surveys were a mess: the Composite…
Fed’s Barkin eschews forward monetary guidance
Bank of Richmond Federal Reserve (Fed) President Thomas Barkin said on Thursday that he doesn't think it's the right time for offering strong forward guidance in light of uncertainty surrounding…
