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Forex
Gold drops as markets celebrate a de-escalation of the conflict in the Middle East
Gold prices retreat as an Israel-Iran ceasefire lifts demand for risk assets.Fed Chair Powell testifies before Congress, confirms that the Fed "is in no hurry…
Will Micron’s AI-Fueled DRAM surge offset NAND challenges in Q3?
Key takeaways
Micron's DRAM revenues are expected to hit $7B in Q3, up 49.2% year over year on AI-driven demand.
MU benefits from strong ties with…
Breaking: Canada CPI inflation holds steady at 1.7% in May as expected
Inflation in Canada, as measured by the change in the Consumer Price Index (CPI), remained unchanged at 1.7% on a yearly basis in May, Statistics Canada…
Breaking: Powell repeats Fed is well-positioned to wait to learn more about economy
According to the testimony prepared for delivery at a hearing before the House Financial Services Committee on Tuesday, Federal Reserve Chairman Jerome Powell…
EUR/HUF tests 405 hurdle after trendline rebound – Société Générale
EUR/HUF is staging a tentative rebound after defending key trendline support near 398. However, the 200-DMA and upper band of its recent range at 405 remain a…
KOSPI composite index Elliott Wave technical analysis [Video]
KOSPI Composite Elliott Wave analysis
Function: Bullish Trend.
Mode: Impulsive.
Structure: Navy Blue Wave 1.
Position: Gray Wave 3.
Direction next lower …
ECB’s Villeroy: ECB could still cut rates despite oil market volatility
European Central Bank (ECB) policymaker Francois Villeroy de Galhau told the Financial Times on Tuesday that the ECB could still cut rates despite the…
HUF: NBH must increase hawkishness to protect FX – ING
The National Bank of Hungary is likely to leave rates unchanged today at 6.50% in line with market expectations, ING's FX analyst Frantisek Taborsky notes.…
German IFO Business Climate Index rises further to 88.4 in June vs. 88.3 expected
German IFO Business Climate Index outpaces estimates with 88.4 in June.EUR/USD defends minor bids near 1.1600 on German sentiment data.The headline German IFO…
FX option expiries for Jun 24 NY cut
FX option expiries for Jun 24 NY cut at 10:00 Eastern Time vi a DTCC can be found below.EUR/USD: EUR amounts1.1500 681m1.1530 618m1.1550 1.3bUSD/JPY: USD…