June 17, 2026 7:16 am
Key Moments Gold (XAU/USD) trades above $4,300 but stays below its weekly high and the 200-day SMA as traders wait for the FOMC outcome. An interim US-Iran peace framework weighs on the safe-haven USD, giving gold some support despite a generally bearish tone. Markets are pricing roughly a 60% probability of a 25 bps Fed […]
Read moreJune 17, 2026 7:05 am
Key Moments Bitcoin trades just below $66,000 on Wednesday, facing resistance from multiple key EMAs between about $70,300 and $78,300. Uniswap extends its recovery for a seventh straight session, trading above $3.00 and challenging a resistance trendline near $3.50. Worldcoin advances for five consecutive days, holding above major EMAs and approaching the $0.70 area with […]
Read moreJune 17, 2026 6:19 am
Key Moments NZD/USD maintains a second day of gains, trading with a positive tone but staying below the mid-0.5800s during the Asian session. Improved New Zealand current account data and the RBNZ’s hawkish projections provide support for the New Zealand Dollar. Traders turn cautious ahead of the FOMC outcome, which is expected to keep rates […]
Read moreJune 17, 2026 5:49 am
Key Moments USD/CAD paused a four-day advance and traded near 1.3990 during Asian hours on Wednesday as the US Dollar came under pressure. Growing expectations of a US-Iran peace agreement have reduced risk aversion, weighing on the Greenback while also pushing oil prices lower. Falling crude prices are limiting Canadian Dollar upside, given Canada’s role […]
Read moreJune 16, 2026 2:28 pm
Key Moments Microsoft (NASDAQGS:MSFT) is trading at $394.59 on the 4-hour chart, remaining in a bearish downtrend below major resistance zones. Key support sits at $382.28, with primary resistance clustered in the $407–$412 band that includes the 4-hour SuperTrend and key Fibonacci and Bollinger levels. Bearish setups currently have higher conviction than bullish trades, with […]
Read moreJune 16, 2026 1:55 pm
Key Moments Yum Brands agreed to sell Pizza Hut for a total consideration of $2.7 billion amid prolonged demand weakness and intense fast-food competition. Yum China will acquire the Mainland China Pizza Hut operations for $1.2 billion, while LongRange Capital will purchase the remaining business for $1.5 billion. Pizza Hut represented about 12% of Yum […]
Read moreJune 16, 2026 1:22 pm
Key Moments Soybean futures were trading 9 to 11 cents lower early Tuesday after closing Monday with gains of 2 1/2 to 5 3/4 cents. NASS reported 95% of the U.S. soybean crop planted by 6/7, with 66% rated good to excellent and the Brugler500 index at 368. May NOPA crush came in at 208.785 […]
Read moreJune 16, 2026 1:01 pm
Key Moments USD/PHP is assessed as bearish but oversold following a sharp gap lower driven by softer yields and oil prices. Bangko Sentral ng Pilipinas faces elevated inflation at 6.8% alongside slower growth, with consensus leaning toward a 25bp hike while a 50bp move remains possible. Technical levels highlight support at 60.10 and resistance at […]
Read moreJune 16, 2026 11:14 am
Key Moments Nvidia completed a $25 billion (€21.5bn) bond sale, its first investment-grade issuance since 2021, after demand exceeded $85 billion (€73.2bn). Robust credit conditions following a US-Iran framework announcement helped Nvidia secure relatively low-cost, long-term funding while preserving its AA credit rating. Tech majors, including Nvidia, Meta, Oracle, Amazon and Alphabet, have raised substantial […]
Read moreJune 16, 2026 10:41 am
Key Moments Wells Fargo increased its 2026 year-end S&P 500 target to 7,950. The brokerage cited stronger corporate earnings as a key driver of its higher projection. A preliminary U.S.-Iran deal was also highlighted as a supportive factor in the outlook. Revised 2026 S&P 500 Target Wells Fargo has raised its year-end S&P 500 target […]
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