Join our community of traders FOR FREE!

  • Learn
  • Improve yourself
  • Get Rewards
Learn More

Pound Advances as US-Iran Deal Hopes Temper Dollar Bids

June 15, 2026 6:00 am
Key Moments GBP/USD traded near 1.3450 during Asian hours on Monday after rebounding from earlier losses. Reports of a US-Iran peace deal and plans to reopen the Strait of Hormuz weighed on the US Dollar. A 0.1% contraction in UK GDP and political uncertainty have shifted attention to the BoE’s upcoming rate decision. Risk Sentiment […] 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

GBP/NZD settles below 6-week high, posts weekly gain

June 14, 2026 8:01 am
The GBP/NZD currency pair settled below recent high of 2.3123, its strongest level since April 30th, after data showed UK GDP growth had softened. UK’s Gross Domestic Product dropped 0.1% month-on-month in April, exactly in line with market projections, after a 0.3% expansion in March. The April Index of Services rose 0.8% on a three-month-on-three-month […] Read more

GBP/AUD settles below 2-month high, posts weekly gain

June 13, 2026 8:05 am
The GBP/AUD currency pair settled below recent high of 1.9123, its strongest level since April 13th, after data showed UK GDP growth had softened. UK’s Gross Domestic Product dropped 0.1% month-on-month in April, exactly in line with market projections, after a 0.3% expansion in March. The April Index of Services rose 0.8% on a three-month-on-three-month […] Read more

Mexican Peso Balanced Between Fundamentals and USMCA

June 12, 2026 1:47 pm
Key Moments Societe Generale strategists see Mexico maintaining relative stability even as conditions become more demanding. Mexico’s inflation cooled to 3.94% in May, while Banxico has indicated its easing cycle is over, leading markets to factor in possible rate hikes. Record Mexican exports to the U.S. of $50.7bn in April underscore USMCA strength, but future […] Read more

SocGen Flags Key USD/BRL Hurdles as Real Downside Risks

June 12, 2026 12:50 pm
Key Moments USD/BRL has bounced from an interim low near 4.88 and is moving toward the 200-DMA and a descending trend line around 5.25. Societe Generale highlights resistance at the March high of 5.32/5.34, with potential downside risk if the 4.99 pivot low breaks. The Bovespa fell below 170k for the first time since late […] Read more

Polish Zloty Under Pressure as Presidential Vetoes Mount

June 12, 2026 10:31 am
Key Moments President Karol Nawrocki has issued 36 vetoes in just 10 months, surpassing the previous record for Polish presidential vetoes. Recent vetoes targeted legislation on crypto assets, taxation, and publicly funded healthcare services. Commerzbank’s Tatha Ghose views ongoing political obstruction and uncertainty about the 2027 election outcome as a negative factor for the Zloty. […] Read more

India Leans on Inflows, Fiscal Easing to Support Rupee

June 12, 2026 10:27 am
Key Moments Authorities now favor capital inflows to support the INR, instead of tighter policy, according to Société Générale. New steps aim to lift foreign bond demand, boost FCNR(B) deposits, and revive offshore borrowing through a concessional ECB swap window. The Government of India may allow the fiscal deficit to rise to 4.8% of GDP, […] Read more

CAD Slips as Hot US PPI and Geopolitics Lift USD/CAD

June 12, 2026 8:11 am
Key Moments USD/CAD advanced toward 1.3980 in early Friday trading, supported by stronger-than-expected US PPI data. US PPI recorded its fastest annual increase since November 2022, driven in part by higher energy costs linked to Middle East tensions. The Bank of Canada kept rates unchanged at its June meeting while signaling readiness to tighten further […] Read more

Euro Holds Tight Range vs Pound as UK Growth Stalls

June 12, 2026 8:00 am
Key Moments EUR/GBP traded near 0.8630 in Asian dealings on Friday after slipping following recent gains. UK GDP declined by 0.1% month-on-month in April after a 0.3% rise in March, matching expectations. Germany’s May HICP inflation printed at 2.7% year-on-year, in line with forecasts, with a 0.1% monthly contraction. EUR/GBP Drifts Lower After Data From […] Read more