From forex.com | 17 min ago
USD/JPY failed to break lower last week despite receiving a perfect window to do so. Crude oil prices tumbled on growing optimism that the US and Iran may finally be closing in on a deal, dragging Treasury yields lower as softer energy prices helped reinforce the message from weaker core CPI and PPI readings. Yet the pair could barely unwind, rebounding ...
From invezz.com | 1 hr 54 min ago
The Federal Reserve's June policy meeting will mark a closely watched milestone for financial markets as newly installed Chair Kevin Warsh presides over his first Federal Open Market Committee (FOMC) gathering. The two-day meeting, scheduled for June 16-17, comes at a time when expectations for lower borrowing costs have largely evaporated amid persistent ...
President Donald Trump on Saturday said in a Truth Social post that a deal to end the war with Iran will be signed on Sunday, with the Strait of Hormuz opening up immediately after. The Deal is scheduled to get signed tomorrow, and immediately after it is signed, the Hormuz Strait is OPEN TO ALL, the president wrote. Trump suggested that the U.S. will ...
From fxleaders.com | 9 hr ago
Gold (XAU/USD) has maintained its upward trend, but these gains are not that big, and it could also be short-lived because a possible truce deal between the US and Iran is improving market sentiment, which has a negative impact on safe-haven assets like gold. On the other side, many traders expect that the US Federal Reserve will keep interest rates high, ...
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