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Indian Rupee weakens amid Middle East tensions, Crude Oil price surge
Indian Rupee weakens amid Middle East tensions, Crude Oil price surge
The Indian Rupee (INR) extends its losing streak for a third consecutive day against the US Dollar (USD) on Wednesday, sliding to a three-month low as the escalating Middle East conflict fuels fresh supply worries and keeps Crude Oil prices elevated.
USDINR
Oil
Fundamental Analysis
Technical Analysis
ECB's de Guindos: Price stability not enough to achieve growth
ECB's de Guindos: Price stability not enough to achieve growth
Remarks from the ECB Vice-president on Econostream
JPY soft and trading defensively – Scotiabank
JPY soft and trading defensively – Scotiabank
The Japanese Yen (JPY) is soft, down 0.2% against the US Dollar (USD) but trading defensively and hitting fresh local lows as we head into Thursday’s NA session, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.
USDJPY
Banks
BOJ
Japan
GBP pulls back as markets digest BoE hold – Scotiabank
GBP pulls back as markets digest BoE hold – Scotiabank
Pound Sterling (GBP) is soft and trading defensively into Thursday’s NA session with markets unphased by the BoE’s as-expected hold at 4.25% but offering some reaction to a 7-3 hold-cut split, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.
GBPUSD
Banks
BOE
Technical Analysis
Norges Bank surprised markets with a rate cut to 4.25%
Norges Bank surprised markets with a rate cut to 4.25%
On Thursday, Norway's central bank (Norges Bank) surprised markets by announcing a 25 basis point reduction in its policy interest rate to 4.25%, signalling the expectation of further cuts due to a more favourable inflation outlook. The cut was the first one since 2020.
Norway
USDNOK
InterestRate
EURNOK
Currencies
EUR consolidates below 1.15 – Scotiabank
EUR consolidates below 1.15 – Scotiabank
Euro (EUR) is quietly consolidating within a tight range just below 1.15, holding flat vs. the US Dollar (USD) and treading water in light US-holiday trade, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.
EURUSD
Banks
ECB
Technical Analysis
Oil prices rise as Iran threatens to close Strait of Hormuz
Oil prices rise as Iran threatens to close Strait of Hormuz
According to Iran's Mehr news agency, a member of the Iranian Parliament National Security Committee presidium Behnam Saeedi said that Iran has many options to respond to aggression, including closing the Strait of Hormuz, per Reuters.
Oil
WTI
Commodities
CAD slippage softens near-term prospects on the charts – Scotiabank
CAD slippage softens near-term prospects on the charts – Scotiabank
The Canadian Dollar (CAD) is modestly weaker on the session but losses may be moderating above 1.37 for now, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.
USDCAD
Banks
BOC
Canada
Technical Analysis
Hantec Markets Clients Gain Access to Swiset’s Real-Time Analytics and Engagement Tools
Hantec Markets Clients Gain Access to Swiset’s Real-Time Analytics and Engagement Tools
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By Finance Magnates
Hantec Markets Clients Gain Access to Swiset’s Real-Time Analytics and Engagement Tools
Hantec Markets has entered into a strategic partnership with Swiset. It will integrate Swiset’s technology into its trading environment.
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Swiset
retail
retail forex
retail FX
USD firmer but off highs amid soft risk sentiment – Scotiabank
USD firmer but off highs amid soft risk sentiment – Scotiabank
The US Dollar (USD) has advanced in overnight trading, with markets trading with a distinct whiff of risk aversion amid reports that the US is planning for a possible strike on Iran in the coming days, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.
DollarIndex
Banks
Fed
How have interest rates expectations changed after all the central bank decisions?
How have interest rates expectations changed after all the central bank decisions?
Just slight changes as the market continues to wait for more economic data and fresh macro developments for significant adjustments to expectations
market overview
USD/CAD remains close to 1.3730 highs amid fears of a wider Middle East conflict
USD/CAD remains close to 1.3730 highs amid fears of a wider Middle East conflict
The USD/CAD advances for the third consecutive day on Thursday and remains steady above 1.3700 at the moment of writing, after having tested the early June highs, near the 1.3730 area earlier today.The US Dollar is one of the strongest G8 performers on Thursday, as investors rush for safe assets, am
USDCAD
Fed
Currencies
MiddleEast
Gold Price Forecast: XAU/USD trades indecisively below $3,400, holds key 20-day EMA
Gold Price Forecast: XAU/USD trades indecisively below $3,400, holds key 20-day EMA
Gold price (XAU/USD) trades in a limited range below the round-level resistance of $3,400 during European trading hours on Thursday.
Gold
XAUUSD
Commodities
Fed
MiddleEast
NZD slips despite Q1 growth beat– BBH
NZD slips despite Q1 growth beat– BBH
NZD is underperforming across the board. Financing New Zealand’s large current account deficit (-5.7% of GDP in Q1) is more difficult during periods of global risk aversion when foreign capital flows tend to dry up, BBH FX analysts report.
NZDUSD
Banks
NewZealand
RBNZ
BOE policy decision coming up next, what to expect?
BOE policy decision coming up next, what to expect?
The central bank is expected to keep the bank rate unchanged at 4.25%
AUD/USD approaches three-week lows near 0.6450 as Middle East tensions escalate
AUD/USD approaches three-week lows near 0.6450 as Middle East tensions escalate
The risk-sensitive Australian Dollar is one of the worst performers on Thursday, with investors rushing for safety as the Israel-Iran conflict threatens to escalate into a global war, with the US jumping in.The AUD/USD depreciates 0.6% so far today, giving away Wednesday’s gains, as and approaches t
AUDUSD
Majors
Currencies
AUD/USD slips after weak jobs data – BBH
AUD/USD slips after weak jobs data – BBH
AUD/USD is down near the lower-end of this month’s 0.6440-0.6550 range. Australia’s May labor force report was soft, BBH FX analysts report.
AUDUSD
Banks
RBA
USD/CNH: Likely to trade in a range between 7.1830 and 7.2030 – UOB Group
USD/CNH: Likely to trade in a range between 7.1830 and 7.2030 – UOB Group
US Dollar (USD) is likely to trade in a range between 7.1830 and 7.2030 against Chinese Yuan (CNH). In the longer run, USD has likely moved into a 7.1620/7.2200 range trading phase, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
Banks
Technical Analysis
USDCNH
GBP/USD pressured ahead of BOE – BBH
GBP/USD pressured ahead of BOE – BBH
GBP/USD is trading heavy near key support at 1.3400. Bank of England is widely expected to keep rates steady at 4.25% (12:00pm London), BBH FX analysts report.
Banks
GBPUSD
BOE
Currencies
USD/JPY: Likely to trade between 144.40 and 145.50 – UOB Group
USD/JPY: Likely to trade between 144.40 and 145.50 – UOB Group
US Dollar (USD) is likely to trade between 144.40 and 145.50 against Japanese Yen (JPY). In the longer run, there has been a tentative buildup in momentum; for a sustained advance, USD must first break and hold above 145.50, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
USDJPY
Technical Analysis
Banks
Georgia’s Tbilisi Free Zone Welcomes Bitget as Region Pushes Regulated Crypto Growth
Georgia’s Tbilisi Free Zone Welcomes Bitget as Region Pushes Regulated Crypto Growth
News Discussion Forum
By Finance Magnates
Georgia’s Tbilisi Free Zone Welcomes Bitget as Region Pushes Regulated Crypto Growth
Bitget has received regulatory approval to operate in Georgia, which allows the company to offer digital asset exchange and custodial wallet services.
Bitget
crypto
cryptocurrency
 USD/JPY Price Forecast: Bulls are testing 145.35, aiming for higher levels
 USD/JPY Price Forecast: Bulls are testing 145.35, aiming for higher levels
The US Dollar is faring better than the Japanese Yen in the current risk-averse scenario, with geopolitical concerns driving markets, which keeps the USD/JPY trending higher, with bulls testing resistance at the 145.35 level.Investors' fears of an escalation of the Middle East conflict have been boo
USDJPY
Currencies
Technical Analysis
BOJ
Levels
ECB's Nagel: We're on the right track when it comes to monetary policy
ECB's Nagel: We're on the right track when it comes to monetary policy
European Central Bank (ECB) policymaker and Bundesbank President Joachim Nagel said on Thursday, “we're on the right track when it comes to monetary policy.”
ECB
CentralBanks
EURUSD
InterestRate
NZD/USD: Likely to trade in a range between 0.5980 and 0.6080 – UOB Group
NZD/USD: Likely to trade in a range between 0.5980 and 0.6080 – UOB Group
New Zealand Dollar (NZD) is likely to trade in a sideways range of 0.6000/0.6045 against US Dollar (USD). In the longer run, NZD is expected to trade in a range between 0.5980 and 0.6080, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
NZDUSD
Technical Analysis
Banks
TRY: Despite the upcoming restart of the cutting cycle, fat carry remains – ING
TRY: Despite the upcoming restart of the cutting cycle, fat carry remains – ING
We expect the Central Bank of Turkey to leave rates unchanged today at 46% in line with market expectations, ING's FX analyst Frantisek Taborsky notes.
USDTRY
Banks
Turkey
CBRT
Dow Jones futures slump on Middle East conflicts, upside US inflation risks
Dow Jones futures slump on Middle East conflicts, upside US inflation risks
Dow Jones futures trade lower during European trading hours on Thursday as fears of the United States' (US) entry in the aerial war between Israel and Iran has diminished demand for risk-perceived assets.
Equities
SP500
UnitedStates
DollarIndex
MiddleEast
USD/CHF bounce faces 0.8350 test – Société Générale
USD/CHF bounce faces 0.8350 test – Société Générale
USD/CHF is attempting a modest rebound from 0.8030, but remains below key resistance at 0.8350, keeping the broader downtrend intact, Société Générale's FX analysts note.
Technical Analysis
USDCHF
Banks
Silver price today: Silver falls, according to FXStreet data
Silver price today: Silver falls, according to FXStreet data
Silver prices (XAG/USD) fell on Thursday, according to FXStreet data.
Silver
Commodities
Metals
This Analyst Who Called XRP's 600% Rally Just Made Another Bold Price Prediction
This Analyst Who Called XRP's 600% Rally Just Made Another Bold Price Prediction
News Discussion Forum
By Finance Magnates
This Analyst Who Called XRP's 600% Rally Just Made Another Bold Price Prediction
XRP price today trades at $2.16 amid ongoing SEC settlement talks and market consolidation. Latest XRP news and price prediction analysis for June 2025.
ripple. xrp
XRP
XRP News
XRP Price
crypto
USD: Still upside risks – ING
USD: Still upside risks – ING
The two major US macro events yesterday (the FOMC and TIC data) left very few marks on FX. Markets are understandably attaching limited value to dot plot projections given the high uncertainty of the tariff impact and recent oil volatility.
DollarIndex
Banks
Technical Analysis
Fed
AUD/JPY Price Forecast: Finds initial support at 94.00, aligns with nine-day EMA
AUD/JPY Price Forecast: Finds initial support at 94.00, aligns with nine-day EMA
AUD/JPY retraces its recent gains registered in the previous day, trading around 94.10 during the European hours on Thursday. As per the technical analysis of the daily chart, the currency cross moves upwards within an ascending channel pattern, indicating a bullish bias.
AUDJPY
Crosses
Technical Analysis
AUD/USD: Enters in a range-trading phase between 0.6430 and 0.6550 – UOB Group
AUD/USD: Enters in a range-trading phase between 0.6430 and 0.6550 – UOB Group
Non-directional price movements for now; AUD is likely to trade between 0.6475 and 0.6540. In the longer run, AUD appears to have moved into a range-trading phase between 0.6430 and 0.6550, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
AUDUSD
Technical Analysis
Banks
iFX EXPO’s Final Day: Panels, Giveaways and More
iFX EXPO’s Final Day: Panels, Giveaways and More
News Discussion Forum
By Finance Magnates
iFX EXPO’s Final Day: Panels, Giveaways and More
The final day of iFX EXPO International has arrived, but the event is far from over. The day is packed with panel discussions and interviews, covering a range of topics from online trading and liqu...
iFX
cyprus
DXY: Geopolitical concerns overshadow Fed – OCBC
DXY: Geopolitical concerns overshadow Fed – OCBC
In the FX space, geopolitical concerns appear to have overshadowed the FOMC outcome. Last at 99 levels, OCBC's FX analysts Frances Cheung and Christopher Wong note.
Banks
DollarIndex
Technical Analysis
EU weighs UK-style trade deal with US
EU weighs UK-style trade deal with US
The Financial Times reports on the matter
ECB's Villeroy: Need to remain alert and agile in next meetings
ECB's Villeroy: Need to remain alert and agile in next meetings
European Central Bank (ECB) policymaker Francois Villeroy de Galhau said on Thursday that need to remain alert and agile in all of their next meetings, per Reuters.
CentralBanks
ECB
EU Demands Proof That Financial Firms Handle Real Trading, Not Just Exist on Paper
EU Demands Proof That Financial Firms Handle Real Trading, Not Just Exist on Paper
News Discussion Forum
By Finance Magnates
EU Demands Proof That Financial Firms Handle Real Trading, Not Just Exist on Paper
European financial regulators have completed rules forcing major banks and investment firms to maintain active clearing accounts within the European Union, part of a broader effort to reduce the bl...
esma
MiFIR
US Dollar Index (DXY) crawls beyond 98.00 supported by risk aversion
US Dollar Index (DXY) crawls beyond 98.00 supported by risk aversion
The Dollar has recovered its safe-haven status amid fears that the Middle East conflict escalates into a regional war with the US intervention.
DollarIndex
Fed
Currencies