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Markets

Dow Jones Industrial Average finds fresh weekly highs as investor sentiment holds firm
The Dow Jones rose slightly on Friday, clipping into fresh weekly highs. Equity markets shrugged off a worse-than-expected print from…
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Forex

NZD/JPY price analysis: Cross struggles to maintain upward momentum
NZD/JPY trades near the 85.70 zone with minor gains on Friday. The pair maintains a bearish outlook despite mixed technical…
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Economics

Moody’s downgrades US debt to AA1, citing rising interest costs and unsustainable debt growth
Moody’s Ratings agency downgraded the US’s sovereign debt credit rating after the market close on Friday. According to Moody’s, the…
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Metals

XAG/USD slips as US yields rebound, hovers below $32.50
XAG/USD capped at $32.73 (50-day SMA), supported by 100-day SMA near $31.88 amid choppy trade. RSI flat near neutral; a…
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Forex

AUD/USD steadies as traders await RBA decision
AUD/USD trades near 0.6400 with a cautious tone ahead of RBA rate decision. US consumer sentiment weakened, while inflation expectations…
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Forex

AUD/NZD price analysis: Cross struggles to hold gains amid mixed signals
AUD/NZD trades near the 1.0900 zone with minor losses on Friday. The pair maintains a bullish outlook despite mixed short-term…
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Forex

GBP/USD slips below 1.33 as US consumer sentiment turns negative, boosts USD
UoM Consumer Sentiment plunges to 50.8, the lowest since July 2022; inflation expectations rise sharply. US housing data was mixed,…
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Energies

Crude Prices Settle Higher on Diminished Prospects for a US-Iran Nuclear Deal
June WTI crude oil (CLM25) Friday closed up +0.87 (+1.41%) and June RBOB gasoline (RBM25) closed up +0.0074 (+0.25%). Crude…
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Energies

Cooler US Temps Push Nat-Gas Prices Lower
June Nymex natural gas (NGM25) on Friday closed down by -0.028 (-0.83%). June nat-gas prices on Friday slid to a…
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Soft Commodities

Cotton Fades Lower into Friday’s Close
Cotton futures ended the Friday session with contracts down 50 to 70 points, as July fell 172 points this week.…
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