June 4, 2026 1:23 pm
Key Moments ING’s Chris Turner sees USD/BRL potentially moving toward 5.14 amid a stronger US Dollar and domestic political and trade headwinds. Short-dated Brazilian rates have been selling off since late last week, with BRL now seen as aligning more closely with domestic rate market repricing. Despite the correction, BRL dips are expected to attract […]
Read moreJune 4, 2026 1:15 pm
Key Moments CFO John Murphy highlighted uneven demand across income tiers and outlined Coca‑Cola’s focus on balancing affordability with brand appeal. The company is closely monitoring ongoing Middle East uncertainty, with Murphy warning it will remain a key risk topic into 2027. Coca‑Cola shares were up about 1.5% in premarket trading as Murphy detailed consumer […]
Read moreJune 4, 2026 10:29 am
Key Moments EUR/JPY trades near 185.85 on Thursday, up 0.12%, as markets position for an ECB rate hike in June. Eurozone data show firmer PMIs and persistent PPI inflation alongside a 0.4% MoM drop in April Retail Sales. Expectations for further BoJ tightening and potential FX intervention continue to restrain EUR/JPY upside. Euro Supported by […]
Read moreJune 4, 2026 9:03 am
Key Moments Brent crude traded at $96.7 on June 4, roughly 16% below its May peak. A new ceasefire understanding between Israel and Lebanon reduced immediate geopolitical pressure, but enforcement risks remain high. U.S. crude inventories fell for a sixth straight week to 433.7 million barrels, the lowest level since 2004, according to EIA data. […]
Read moreJune 4, 2026 7:49 am
Key Moments EUR/USD trades slightly higher around 1.1600 but remains close to its recent low, signaling a still-fragile outlook. Markets anticipate intense European Central Bank discussion on tightening policy after May HICP rose to 3.2% headline and 2.5% core YoY. Investors await Friday’s US May Nonfarm Payrolls report as the US Dollar Index holds near […]
Read moreJune 4, 2026 7:28 am
Key Moments NZD/USD trades near 0.5875 in early European dealings, recovering after three consecutive daily declines. Escalating Middle East tensions and higher oil prices threaten risk sentiment and may lend support to the US Dollar. Hawkish guidance from the Reserve Bank of New Zealand has prompted markets to price in multiple rate hikes through early […]
Read moreJune 4, 2026 7:02 am
Key Moments EUR/JPY trades around 185.65 in early European dealings, maintaining modest gains above 185.50. Concerns about potential Japanese foreign exchange intervention temper further upside for the cross. EUR/JPY sustains a constructive tone above the Bollinger middle band near 185.15 and the 100-day SMA at 184.48. Fundamental Drivers The EUR/JPY pair is posting slight gains […]
Read moreJune 4, 2026 6:40 am
Key Moments Silver (XAG/USD) trades about 1.2% higher near $73.60 in Thursday’s Asian session after a sharp sell-off. US President Donald Trump indicated the maritime blockade on Iran could remain in place until Labor Day. Stronger-than-expected US ADP jobs data for May has shaped expectations ahead of Friday’s Nonfarm Payrolls release. Market Overview Silver prices […]
Read moreJune 4, 2026 6:18 am
Key Moments XLM futures open interest slid from $358.78 million on Monday to $260.35 million on Thursday, signaling reduced speculative positioning. XRP futures open interest dropped from a $2.97 billion peak on Tuesday to $2.59 billion on Thursday, while ETF products recorded $5.34 million in outflows on Wednesday. XRP trades below its 50-, 100- and […]
Read moreJune 4, 2026 5:54 am
Key Moments GBP/USD trades above 1.3400 in the Asian session after recovering part of Wednesday’s decline. The Israel-Lebanon ceasefire reduces safe-haven demand for the US Dollar. However, tensions involving Iran limit further Dollar weakness. Meanwhile, traders remain cautious ahead of Friday’s US Nonfarm Payrolls report and ongoing Middle East developments. GBP/USD Rebounds, but Lacks Strong […]
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