June 5, 2026 6:24 am
Key Moments AUD/USD trades near 0.7120 in early Asian dealings on Friday as upside momentum fades. Middle East tensions and uncertainty around US-Iran negotiations support demand for the US Dollar. RBA Governor Michele Bullock reiterates a firm anti-inflation stance after lifting the cash rate to 4.35% earlier this year. Australian Dollar Under Pressure Around 0.7120 […]
Read moreJune 5, 2026 5:52 am
Key Moments EUR/USD trades around 1.1620 in early Asian dealings as investors await key U.S. jobs figures for May. Markets are looking to the U.S. Nonfarm Payrolls report, with forecasts calling for 85,000 new jobs and a 4.3% Unemployment Rate. Expectations for further Federal Reserve and European Central Bank policy moves are shaping sentiment toward […]
Read moreJune 4, 2026 2:32 pm
Key Moments Wheat futures are recovering modestly on Thursday morning across Chicago, Kansas City, and Minneapolis contracts after broad declines in the prior session. USDA Export Sales data is due this morning, with market expectations ranging from 200,000 MT in net reductions for old-crop wheat to net sales of 100,000 MT, and 250,000 to 600,000 […]
Read moreJune 4, 2026 12:54 pm
Key Moments XAU/USD rebounds from $4,425 and trades above $4,490 on Thursday, trimming earlier losses. Ceasefire news between Israel and Lebanon pressures the safe-haven US Dollar and lifts precious metals. A daily close above $4,500 would confirm a bullish engulfing pattern and signal scope for a deeper rebound. Market Overview Gold (XAU/USD) is advancing on […]
Read moreJune 4, 2026 8:37 am
Key Moments Foxconn announced a collaboration with Intel to design and deploy next-generation AI infrastructure and intelligent computing platforms. The partnership will focus on AI data center hardware, including systems powered by Intel Xeon processors and AI accelerator chips, as well as cooling and energy efficiency solutions. The companies also plan to develop AI systems […]
Read moreJune 4, 2026 7:14 am
Key Moments USD/JPY eased during the Asian session after briefly touching a more than one-month high near the 160.00 level. Profit-taking in the US Dollar following the Israel-Lebanon truce and renewed intervention concerns pressured the pair but failed to trigger strong follow-through selling. Technical structure remains bullish, with support around 159.45-159.44 and upside focus on […]
Read moreJune 4, 2026 6:48 am
Key Moments Gold holds above a recent one-week low as a truce between Israel and Lebanon prompts profit-taking in the US Dollar. Stalled US-Iran talks and ongoing regional tensions sustain a geopolitical risk premium that helps limit broader USD losses. XAU/USD trades within a descending channel below the 4-hour 100-period SMA near $4,533, preserving a […]
Read moreJune 4, 2026 6:08 am
Key Moments WTI trades near $92.70 per barrel after three consecutive sessions of gains. A ceasefire arrangement between Israel and Lebanon reduces regional supply risk, but geopolitical tensions persist. US crude inventories drop by 8 million barrels to 433.7 million, surpassing analysts’ expectations. Ceasefire Agreement Pressures Crude After Rally West Texas Intermediate (WTI) crude prices […]
Read moreJune 4, 2026 5:45 am
Key Moments AUD/JPY trades near 114.10 during Thursday’s Asian session, reducing earlier losses but still in negative territory. Australia’s Trade Balance for April moves to a 1,791M surplus month-over-month, reversing a prior deficit of 1,024M (revised from -1,841M). Japanese Yen strengthens as markets anticipate a potential Bank of Japan rate hike and Tokyo signals readiness […]
Read moreMay 29, 2026 7:35 am
Key Moments The S&P 500 and Nasdaq finished at record closing highs after reports of a draft U.S.-Iran ceasefire extension agreement. April U.S. inflation rose at its fastest pace in three years, while first-quarter GDP growth was revised down to a 1.6% annualized rate. AI-focused and tech names, including Snowflake, Microsoft, and Marvell Technology, led […]
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