June 22, 2026 6:38 am
Key Moments GBP/USD trades back near 1.3235 during the Asian session, retracing its weekly bearish gap as the USD eases modestly. Fresh geopolitical tensions involving Iran, Israel, and the United States keep risk premiums elevated and support the US Dollar. UK political uncertainty and reduced expectations for Bank of England rate hikes are seen capping […]
Read moreJune 20, 2026 11:58 am
Key Moments India cut West Asia’s dominance in its LPG import basket, lifting the United States to nearly one-third of supplies by April 2026 from 8 per cent in February. Domestic LPG demand fell sharply, with consumption dropping to 2.47 million tonnes in April from 3.2 million tonnes in February and posting double-digit year-on-year declines […]
Read moreJune 20, 2026 11:17 am
Key Moments EUR/USD has dropped to about 1.1470 after trading above 1.16 earlier in June. UBS anticipates EUR/USD will stay around 1.15-1.16 in the near term, with downside risks if Fed tightening remains in focus. The bank forecasts a gradual move higher, with EUR/USD reaching 1.20 by March and June 2027. Recent EUR/USD Weakness The […]
Read moreJune 20, 2026 10:36 am
Key Moments U.S. spot Bitcoin ETFs recorded $82.2 million in net redemptions on June 17 following the Federal Reserve’s latest policy decision under Chair Kevin Warsh. On Polymarket, traders assign a 99.9% probability that Bitcoin settles above $54,000 on June 21, with odds falling sharply at higher price levels. The June 21 Polymarket ladder contract, […]
Read moreJune 19, 2026 12:07 pm
Key Moments EUR/USD trades around 1.1460 after rebounding from a three-month low near 1.1420, yet remains about 0.9% lower for the week. US Dollar strength has been supported by expectations of additional Federal Reserve tightening and resilient US economic data. German producer inflation eased on a monthly basis in May, reinforcing the view that energy-related […]
Read moreJune 19, 2026 11:56 am
Key Moments Front-month Dutch TTF benchmark climbed 3.4% to 41.9 euro per megawatt-hour after a six-session slide. British gas contract advanced 3.8% to 100.38 pence per therm, recovering from near two-month lows hit on Thursday. Cancellation of U.S.-Iran talks and intensified Israeli strikes in Lebanon renewed risk premia in European gas markets. Geopolitical Setback Triggers […]
Read moreJune 19, 2026 10:28 am
Key Moments WTI US Oil trades around $75.60, up 0.21% on the day, but still tracks a weekly loss of roughly 10%. Crude flows through the Strait of Hormuz are resuming after the United States lifted maritime restrictions on traffic to and from Iranian ports. A 60-day memorandum of understanding between Washington and Tehran has […]
Read moreJune 19, 2026 9:53 am
Key Moments GBP/JPY trades just below 213.00 after rebounding nearly 50 pips from levels under the mid-212.00s. UK Retail Sales and core Retail Sales both rose 1.2% in May, beating expectations and reversing prior declines. Diverging BoE-BoJ policy outlooks and UK political uncertainty continue to limit upside for the cross. GBP/JPY Holds Above One-Month Low […]
Read moreJune 18, 2026 6:35 am
Key Moments NZD/USD traded near 0.5790 during the Asian session on Thursday, supported by stronger New Zealand data and improved risk tone. New Zealand’s Q1 2026 GDP increased 0.8% quarter-on-quarter and 1.5% year-on-year, with the annual figure beating estimates. The Federal Reserve kept its policy rate at 3.50%-3.75% while signaling potential rate hikes as it […]
Read moreJune 18, 2026 6:25 am
Key Moments GBP/USD rebounded from the 1.3260 area after touching its weakest level since April 7. Dollar softness followed a US-Iran memorandum of understanding and profit-taking after a Fed-driven rally. Cooling Bank of England tightening expectations limited the upside for the British Pound ahead of the BoE decision. GBP/USD Edges Higher After Two-Month Low The […]
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