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Markets

Mid-Morning Update
Wall Street closed Friday with moderate declines after Donald Trump threatened the EU with aggressive 50% tariffs for “negotiating in…
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Forex

GBP/USD Hits fresh 39-month highs near 1.3600
GBP/USD may approach the ascending channel’s upper boundary at 1.3960. The 14-day Relative Strength Index (RSI) rises toward 50, strengthening…
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Forex

EUR/JPY Climbs beyond mid-162.00s, bulls have the upper hand while above 200-day SMA
EUR/JPY kicks off the new week on a stronger note in reaction to the latest trade optimism. The technical setup…
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Forex

EUR/USD rises to near 1.1400 as Trump extends tariff deadline on imports from EU
EUR/USD gains ground as President Trump extends the 50% tariff deadline on the EU imports until July 9. President Ursula…
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Metals

XAG/USD Bullish outlook remains in play near $33.50
Silver price posts modest gains to near $33.50 in Monday’s early European session. The positive view of the metal prevails above…
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Metals

XAU/USD trades with mild negative bias below two-week top touched on Friday
Gold price kicks off the new week on a softer note as bulls turn cautious amid trade optimism. US fiscal…
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Forex

USD/CAD slides below 1.3700 mark, fresh YTD trough amid sustained USD selling
USD/CAD remains under some selling pressure at the start of a new week amid a weaker USD. US fiscal concerns…
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Energies

WTI holds gains above around $61.50 due to easing US-EU trade concerns
WTI price appreciates as President Trump extends the 50% tariff deadline on imports from the EU. Oil attracts buyers amid…
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Forex

NZD/USD moves above 0.6000 despite NZIER’s recommendation for a rate cut
NZD/USD appreciates as the US Dollar extends its losses amid growing US-debt concerns. The US deficit could increase by $3.8…
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Forex

USD/INR loses momentum on weaker US Dollar
Indian Rupee recovers in Monday’s Asian session. Mounting concerns about US fiscal health and weaker US Dollar support the INR. …
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