Join our community of traders FOR FREE!

  • Learn
  • Improve yourself
  • Get Rewards
Learn More

Kiwi Slips as China Data Weakens Ahead of Fed Call Soon

June 16, 2026 6:22 am
Key Moments NZD/USD trades near 0.5810 in Tuesday’s Asian session as the New Zealand Dollar retreats against the US Dollar. China’s Retail Sales declined 0.6% YoY in May, missing expectations and pressuring the China-sensitive Kiwi. Markets focus on Wednesday’s Fed meeting, where policymakers are expected to leave the benchmark rate unchanged. NZD/USD Softens in Asian […] Read more

PBOC Nudges Yuan Fix Higher as Daily Reference Rate Edges Up

June 16, 2026 5:58 am
Key Moments The People’s Bank of China set the USD/CNY central parity rate at 6.8108 for Tuesday’s trading session. The new fixing compared with the previous day’s central rate of 6.8088. The Tuesday reference rate diverged from a 6.7605 Reuters estimate cited in the report. Latest PBOC USD/CNY Fixing On Tuesday, the People’s Bank of […] Read more

Wheat Futures Extend Losses as Energy Prices Slide

June 15, 2026 2:03 pm
Key Moments Wheat futures are showing double-digit losses in early Monday trading after ending the prior week weaker. Managed money increased its net short position in Chicago wheat to 79,407 contracts, while funds turned net short in KC wheat. New-crop U.S. wheat export sales reached 4.591 MMT as of June 4, equal to 21.77% of […] Read more

Silver Surges as Dollar Weakens on US-Iran Deal

June 15, 2026 1:23 pm
Key Moments Silver (XAG/USD) trades around $70.70, gaining 3.94% and marking its highest level in several days. The US Dollar Index (DXY) declines about 0.25% to near 99.55 after opening the week with a bearish gap. Traders focus on the upcoming Federal Reserve policy decision while monitoring developments around the US-Iran framework agreement. Silver Extends […] Read more

BHP Rallies as Copper Gains and Risk-On Mood Lifts Shares

June 15, 2026 9:13 am
Key Moments BHP Group Ltd closed at $65.18 on Monday. The stock rose 2.25 points, or 3.58%, on strong copper prices and risk-on sentiment. Copper demand remains strong. It is driven by electric vehicles, renewable energy, and data center growth. Analysts stay broadly positive on BHP. They highlight its diversified assets and exposure to long-term […] Read more

Kiwi Gains as Geopolitical Thaw Offsets Weak Data

June 15, 2026 6:42 am
Key Moments NZD/USD traded around 0.5850 during Asian hours on Monday after recovering from minor losses in the prior session. New Zealand’s May Performance of Services Index fell to 47.5, its fourth consecutive month of contraction, while the Composite Index dropped to 48.4. The US Dollar weakened after the US and Iran announced a deal […] Read more

Yen Steady as Markets Weigh US-Iran Accord and BoJ Rate Path

June 15, 2026 6:32 am
Key Moments USD/JPY trades flat near 160.20 in Monday’s Asian session as the US Dollar softens against the Yen. The US and Iran said they reached a deal framework that will take effect on Friday, with European countries signaling readiness to lift sanctions. The BoJ is expected to raise rates to a 31-year high on […] Read more

Gold Gains as US-Iran Peace Deal Eases Rate Hike Fears

June 15, 2026 6:15 am
Key Moments Gold (XAU/USD) advanced to a weekly high in early European trading on Monday as investors reacted to a US-Iran peace framework. The agreement, set to take effect on Friday, includes a US pledge to lift its naval blockade on Iranian ports and reopen the Strait of Hormuz. Market-implied odds of a US Federal […] Read more

Euro Gains on Softer Dollar After Reported US-Iran Deal

June 15, 2026 5:54 am
Key Moments EUR/USD trades near 1.1610 during Asian hours after a prior session of slight losses. Reports of a US-Iran peace deal and reopening of the Strait of Hormuz weigh on the US Dollar. Markets continue to price in another ECB rate hike, with September seen as the most likely timing and July still on […] Read more

Gold Trades Sideways Near $4,200 on Iran Talks, Fed View

June 12, 2026 1:25 pm
Key Moments Gold (XAU/USD) is fluctuating around $4,200 after rebounding from a nearly seven-month low of $4,023 hit the previous day. Expectations of a US-Iran memorandum of understanding and higher-for-longer US interest rates are pulling Gold in opposite directions. Technical gauges show XAU/USD locked in a bearish structure, with RSI near 35 and price capped […] Read more