Forex Today: US Dollar holds ground in Fed aftermath, eyes on BoE
Forex Today: US Dollar holds ground in Fed aftermath, eyes on BoE
Here is what you need to know on Thursday, June 19:
Majors
Macroeconomics
Currencies
EconomicIndicator
Commodities
SpaceX Starship Explodes in Fireball, Space Industry Just Got Burned
SpaceX Starship Explodes in Fireball, Space Industry Just Got Burned
News Discussion Forum
By Finance Magnates
SpaceX Starship Explodes in Fireball, Space Industry Just Got Burned
A SpaceX Starship prototype exploded during a test in Texas, startling residents and raising concerns about Elon Musk's space strategy going forward.
spacex
AllStars
elon musk
SNB lowers Sight Deposit Rate by 25 bps to 0% as expected
SNB lowers Sight Deposit Rate by 25 bps to 0% as expected
The Swiss National Bank (SNB) announced on Thursday that it cut the benchmark Sight Deposit Rate by 25 basis points (bps) to 0% from 0.25% following its monetary policy assessment for the June quarter.
SNB
CentralBanks
InterestRate
USDCHF
Switzerland
Pound Sterling gives back gains as BoE leave interest rates steady, with 6-3 majority
Pound Sterling gives back gains as BoE leave interest rates steady, with 6-3 majority
The Pound Sterling (GBP) faces selling pressure against its major peers on Thursday as the Bank of England’s (BoE) leaves interest rates steady at 4.25%.
GBPUSD
BOE
Fed
Inflation
SEO
WTI retakes $74.00; remains close to multi-month top  as Iran-Israel conflict fuels supply concerns
WTI retakes $74.00; remains close to multi-month top as Iran-Israel conflict fuels supply concerns
West Texas Intermediate (WTI) US Crude Oil prices regain positive traction on Thursday amid concerns that a broader conflict in the Middle East could influence global supply.
Oil
Commodities
MiddleEast
TradeWar
WTI
European equities continue with the more cautious mood to start the day
European equities continue with the more cautious mood to start the day
Stocks in Europe look poised for back-to-back weekly drops now
Stocks
Silver Price Forecast: XAG/USD tumbles to near $36.30 despite escalating Middle East tensions
Silver Price Forecast: XAG/USD tumbles to near $36.30 despite escalating Middle East tensions
Silver price (XAG/USD) is down almost 1% to near $36.25 during European trading hours on Thursday. The white metal faces a sharp selling pressure even though geopolitical tensions in the Middle East region have escalated after the United States (US) signaled that it is preparing to strike Iran.
Silver
XAGUSD
Fed
MiddleEast
SupportResistance
NZD/USD Price Forecast: Targets 0.5950 support near 50-day EMA
NZD/USD Price Forecast: Targets 0.5950 support near 50-day EMA
NZD/USD falls nearly 1% on Thursday, trading around 0.5970 during the early European hours on Thursday. The technical analysis of the daily chart suggests the emergence of a bearish bias, as the pair has broken below the lower boundary of the ascending channel pattern.
NZDUSD
Technical Analysis
Majors
USDJPY Technical Analysis – The market is waiting for fresh catalysts
USDJPY Technical Analysis – The market is waiting for fresh catalysts
The USDJPY pair remains stuck in a range as the lack of changes in the macro picture keep the market guessing
JPY
USD
Spotware Updates cTrader Mobile With Enhanced Chart Navigation
Spotware Updates cTrader Mobile With Enhanced Chart Navigation
News Discussion Forum
By Finance Magnates
Spotware Updates cTrader Mobile With Enhanced Chart Navigation
Spotware updated its cTrader mobile application to version 5.4, introducing several chart enhancement features designed to improve trader navigation and market analysis.
ctrader
Spotware
GBP/JPY extends decline below 194.50 ahead of BoE rate decision
GBP/JPY extends decline below 194.50 ahead of BoE rate decision
The GBP/JPY cross extends its downside to near 194.45 during the early European trading hours on Thursday. The Pound Sterling (GBP) softens against the Japanese Yen (JPY) due to the looming threat of a broader conflict in the Middle East and possible US involvement.
Macroeconomics
GBPJPY
Crosses
BOE
Exness Bought €75 Million Land from the Bank of Cyprus: Report
Exness Bought €75 Million Land from the Bank of Cyprus: Report
News Discussion Forum
By Finance Magnates
Exness Bought €75 Million Land from the Bank of Cyprus: Report
Exness, a major retail trading brand, has bought a piece of land from the Bank of Cyprus, paying €75 million, according to a report by Kathimerini Cyprus .
What are the main events for today?
What are the main events for today?
The highlights include the SNB and BoE rate decisions, and the potential US strike against Iran
market overview
Israel's Netanyahu: We will exact the full price from the "tyrants" in Tehran
Israel's Netanyahu: We will exact the full price from the "tyrants" in Tehran
Remarks by Israeli prime minister, Benjamin Netanyahu
Politics
Eurostoxx futures -0.6% in early European trading
Eurostoxx futures -0.6% in early European trading
The struggling mood continues on the week
Stocks
Crude Oil price today: WTI price bullish at European opening
Crude Oil price today: WTI price bullish at European opening
West Texas Intermediate (WTI) Oil price advances on Thursday, early in the European session. WTI trades at $73.52 per barrel, up from Wednesday’s close at $72.94.Brent Oil Exchange Rate (Brent crude) is also up, advancing from the $75.08 price posted on Wednesday, and trading at $75.51.
Oil
WTI
Commodities
Bullish
Breaking: The BoE matches consensus, leaves its interest rate unchanged
Breaking: The BoE matches consensus, leaves its interest rate unchanged
At its June meeting, the Bank of England (BoE) held its policy rate at 4.25%, as markets had anticipated.
Breaking
BOE
GBPUSD
UnitedKingdom
SEO
SNB poised to cut rates back to zero later today
SNB poised to cut rates back to zero later today
The Swiss central bank rate policy is set to follow the inflation path
EUR/JPY Price Forecast: Retains bullish bias above 166.00
EUR/JPY Price Forecast: Retains bullish bias above 166.00
The EUR/JPY cross attracts some sellers to near 166.35 during the early European trading hours on Thursday. The Japanese Yen (JPY) gathers strength against the Euro (EUR) as Middle East tensions dampen sentiment.
EURJPY
Crosses
Technical Analysis
Bullish
FX option expiries for Jun 19 NY cut
FX option expiries for Jun 19 NY cut
FX option expiries for Jun 19 NY cut at 10:00 Eastern Time vi a DTCC can be found below.
Currencies
Options
EUR/GBP hovers around 0.8550 as traders adopt caution ahead of BoE’s decision
EUR/GBP hovers around 0.8550 as traders adopt caution ahead of BoE’s decision
EUR/GBP extended its winning streak for the fourth consecutive day, trading near 0.8550 during the Asian hours on Thursday. The currency cross remains steady ahead of the Bank of England’s (BoE) interest rate decision scheduled later in the day.
EURGBP
Macroeconomics
Crosses
UnitedKingdom
Eurozone
USD/CAD Price Forecast: Recovers to near 20-day EMA
USD/CAD Price Forecast: Recovers to near 20-day EMA
The USD/CAD pair extends its two-day recovery move to near 1.3710 during Asian trading hours on Thursday. The Loonie pair attracts bids as the US Dollar (USD) gains further, while Middle East tensions have escalated amid the possibility of the United States (US) striking Iran, Bloomberg reported.
USDCAD
BOC
Fed
SupportResistance
MiddleEast
FX option expiries for 19 June 10am New York cut
FX option expiries for 19 June 10am New York cut
A look at what is on the board for today
Trading 212 Opens a New Berlin Office After Commencing Operations Under FXFlat
Trading 212 Opens a New Berlin Office After Commencing Operations Under FXFlat
News Discussion Forum
By Finance Magnates
Trading 212 Opens a New Berlin Office After Commencing Operations Under FXFlat
Trading 212, a retail trading platform, has opened a new office in the German capital, Berlin, months after it began onboarding clients in the country.
USD/CHF looks to build momentum beyond 0.8200 ahead of SNB rate decision
USD/CHF looks to build momentum beyond 0.8200 ahead of SNB rate decision
The USD/CHF pair builds on its recent recovery from the vicinity of mid-0.8000s, or a nearly two-month low touched last week, and scales higher for the fifth straight day on Thursday.
USDCHF
SNB
InterestRate
Fed
Currencies
USD/INR surges on rising crude oil prices amid Middle East war
USD/INR surges on rising crude oil prices amid Middle East war
The Indian Rupee (INR) posts a fresh two-month high near 86.95 against the US Dollar (USD) on Thursday.
USDINR
Macroeconomics
India
EmergingMarkets
SEO
EUR/USD extends downside to near 1.1450 ahead of ECB’s Lagarde speech
EUR/USD extends downside to near 1.1450 ahead of ECB’s Lagarde speech
The EUR/USD pair extends the decline to near 1.1465 during the Asian session on Thursday. The Euro (EUR) weakens against the Greenback amid the risk-off mood due to rising geopolitical tensions in the Middle East.
EURUSD
Majors
Macroeconomics
Fed
Reminder: It is a US holiday today
Reminder: It is a US holiday today
But the potential for US intervention in the Middle East continues to draw attention
market overview
GBP/USD holds losses near 1.3400 ahead of BoE’s policy decision
GBP/USD holds losses near 1.3400 ahead of BoE’s policy decision
GBP/USD remains subdued for the third consecutive session, trading around 1.3410 during the Asian hours on Thursday. The pair faces challenges as the US Dollar (USD) gains ground amid increased safe-haven demand, driven by escalating tensions between Israel and Iran.
GBPUSD
Macroeconomics
Majors
UnitedKingdom
BOE
Silver Price Forecast: XAG/USD flat lines around $36.75 area; bullish potential seems intact
Silver Price Forecast: XAG/USD flat lines around $36.75 area; bullish potential seems intact
Silver (XAG/USD) oscillates in a narrow range around the $36.75 area during the Asian session on Thursday and for now, seems to have stalled the previous day's modest pullback from its highest level since February 2012.
Silver
Commodities
XAGUSD
Technical Analysis
Bullish
ETH Technical Analysis with tradeCompass
ETH Technical Analysis with tradeCompass
The ETH price forecast for June 19, 2025, according to the 2 scenarios: Bullish above $2,557, bearish below $2,504.75. Not less important, see where to consider taking partial profits according to liquadity pools and institutional key price levels in order to optimize your profit taking strategy and mitigate your risk as a professional crypto trader.
Crypto
Crypto Technical Analysis
ETH Technical Analysis
ETH
Japan plans to cut super-long bond sales by 10% to alleviate market concerns - Reuters
Japan plans to cut super-long bond sales by 10% to alleviate market concerns - Reuters
The Japanese government plans to reduce sales of super-long bonds by about 10% from the initial plan in a rare revision to its bond programme for the current fiscal year, trimming overall bond issuance as a result, per Reuters.
Japan
Macroeconomics
BOJ
Gold price bounces off one-week low as risk-off impulse offsets USD strength
Gold price bounces off one-week low as risk-off impulse offsets USD strength
Gold price (XAU/USD) reverses an early European session dip to a one-week low and currently trades around the $3,366-3,367 area, nearly unchanged for the day amid mixed fundamental cues.
Gold
Commodities
RiskAversion
Fed
SEO
GTN Appoints New COO for Middle East with Over 30 Years’ Experience
GTN Appoints New COO for Middle East with Over 30 Years’ Experience
News Discussion Forum
By Finance Magnates
GTN Appoints New COO for Middle East with Over 30 Years’ Experience
GTN, a global fintech company, has appointed Jon Lester as its new Chief Operating Officer (COO) for the Middle East.
MOVE
industry move
executive moves
executive move
GTN
US Dollar Index moves above 99.00 due to Fed Rate hold, escalating Middle-East tensions
US Dollar Index moves above 99.00 due to Fed Rate hold, escalating Middle-East tensions
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is extending its gains for the third successive session and trading higher at around 99.10 during the Asian hours on Thursday.
DollarIndex
Macroeconomics
Fed
UnitedStates
AUD/JPY softens to near 94.00 amid risk-off sentiment
AUD/JPY softens to near 94.00 amid risk-off sentiment
The AUD/JPY cross attracts some sellers to around 94.00 during the Asian trading hours on Friday. The Japanese Yen (JPY) strengthens against the Australian Dollar (AUD) amid the rising geopolitical tensions in the Middle East.
Macroeconomics
AUDJPY
Crosses
Construction of an EV battery plant in South Carolina halted, US policy uncertainty cited
Construction of an EV battery plant in South Carolina halted, US policy uncertainty cited
Automotive Energy Supply Corp (AESC) US$1.6 bn factory canned due to “economic uncertainty arising from current federal policy and tax issues.”
SPX
Nasdaq