June 8, 2026 2:26 pm
Key Moments ING economists say the Hungarian Forint has gained 11-12% against the euro since mid-March despite geopolitical uncertainty. Over the past two years, the HUF has strengthened by about 15%, exceeding ERM II volatility limits. Meanwhile, ING expects policymakers to prioritize exchange rate stability and keep EUR/HUF near the 360-370 range. ING Highlights Strong […]
Read moreJune 8, 2026 1:53 pm
Key Moments AUD/USD trades around 0.7070, up 0.33%, after briefly touching an almost eight-week low near 0.7024. RBA Governor Michele Bullock reiterates the bank’s determination to curb elevated inflation and maintain price stability and full employment. Stronger-than-expected US May Nonfarm Payrolls and shifting Fed rate expectations contrast with a pullback in the US Dollar Index […]
Read moreJune 8, 2026 1:45 pm
Key Moments XAU/USD rebounds after touching its lowest level since March but continues to hover near 11-week lows.
Read moreJune 8, 2026 1:23 pm
Key Moments Corn futures were lower by 2 to 3 cents in most contracts in Monday morning trade, following notable declines into the weekend. Managed money net length fell to 115,082 contracts as of Tuesday, June 2, reflecting a weekly reduction of 90,422 contracts. U.S. corn export commitments reached 81.766 MMT, equaling 98% of USDA’s […]
Read moreJune 8, 2026 12:43 pm
Key Moments Micron Technology shares climbed 6.9% in pre-market trading after sliding more than 13% in the prior session. A new multi-year AI memory partnership between Nvidia and SK Hynix is boosting sentiment toward the broader memory segment. Micron’s HBM output through fiscal 2026 is fully allocated under long-term contracts, with the company targeting record […]
Read moreJune 8, 2026 12:37 pm
Key Moments Brent and WTI crude climbed about 4-5% as Iran-Israel missile exchanges fueled worries over supply disruption and global inflation. EU natural gas gained 5% to €51.2, marking its strongest move in three weeks amid similar supply concerns. Key OPEC+ producers confirmed a planned 188,000 b/d production increase starting in July 2026, with full […]
Read moreJune 8, 2026 9:45 am
Key Moments XRP is trading at $1.14, well below its 200-day moving average at $1.61, with an RSI of 30.66 signaling oversold conditions. Failed attempts to clear the $1.20 resistance level and a negative futures funding rate of -0.0061% are reinforcing the bearish structure. Current projections assign a 70% probability that XRP will revisit the […]
Read moreJune 8, 2026 9:11 am
Key Moments Nvidia secured multi-year partnerships in South Korea with SK Hynix, SK Telecom, Naver, Doosan Group, and LG Group. These deals support its expanding AI roadmap. In addition, SK Telecom plans to build a gigawatt-scale AI cloud in South Korea using Nvidia technology. It aims to launch its first AI data center in 2027. […]
Read moreJune 8, 2026 9:01 am
Key Moments GBP/JPY bounces from a one-week low near 213.30 but trades below 214.00 in early European dealings Expectations of potential Japanese intervention and BoJ rate hikes help support the Yen and restrain the cross UK political instability surrounding Prime Minister Keir Starmer weighs on the Pound and curbs further gains GBP/JPY Edges Higher From […]
Read moreJune 8, 2026 8:18 am
Key Moments DOGE trades around $0.0850 on Monday after a 5% bounce from the February 6 low at $0.0800. Wallets holding 100 million to 1 billion DOGE have reduced their share of supply to 22.95%, the lowest level in five months. DOGE futures Open Interest has retreated from $1.76 billion to just above $1 billion, […]
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