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Forex

Euro steadies against British Pound following UK GDP, German HICP inflation data
EUR/GBP remains subdued following the release of data from the UK and Germany. UK GDP contracted by 0.1% month-on-month in…
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BBH

Euro: Complex rate path questions for EUR – Commerzbank
Commerzbank’s Thu Lan Nguyen notes the European Central Bank sounded slightly hawkish, but investors already price in two further hikes,…
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Forex

Canadian Dollar softens on strong US PPI data, US-Iran peace deal uncertainty
USD/CAD edges higher to around 1.3980 in Friday’s early Asian session. The annual US PPI inflation rate was the highest…
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Banks

British Pound: Bullish bias within higher band against US Dollar – UOB
United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann observe that GBP/USD’s surge to 1.3434 has stretched short-term…
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Forex

Germany’s final Harmonized Index of Consumer Prices for May remains at 2.7% YoY: What it means for EUR/USD?
Germany’s final Harmonized Index of Consumer Prices (HICP) data for May has arrived at 2.7% Year-on-Year (YoY), as the preliminary…
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Forex

AUD/USD Price Forecast: Needs decisive break above 50% Fibo retracement at 0.7050 for more upside
AUD/USD falls to near 0.7035 as the US Dollar bounces back. Traders doubt over US President Trump stating that the…
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Metals

XAG/USD could rebound toward $67.00 amid potential bullish reversal
Silver price may fall toward the lower falling wedge boundary around $61.80. The 14-day Relative Strength Index at 38.91 suggests…
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Metals

Gold sticks to losses as Iran peace deal doubts revive USD demand amid hawkish Fed bets
Gold meets with a fresh supply on Friday as the Iran peace deal uncertainty lifts the USD. Hawkish Fed expectations…
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Energies

Heating Oil Holds Near 7-Week Low
US heating oil prices fell below $3.50 per gallon, hitting a seven-week low as markets assessed evolving developments in the…
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Energies

Gasoline Prices Decline
US gasoline prices fell below $3.10 per gallon, remaining volatile throughout the week as markets weighed shifting developments in the…
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