Trump: I don't like that oil prices have gone up
Trump: I don't like that oil prices have gone up
Well, he really won't like it if bombs start falling in Iran
GBP/USD hits 1.36 as soft US PPI, jobless claims fuel rate cut bets
GBP/USD hits 1.36 as soft US PPI, jobless claims fuel rate cut bets
GBP/USD extended its gains on Thursday following the release of another inflation report in the United States (US), which increased the odds that the Federal Reserve (Fed) could resume its easing cycle sooner than expected.
GBPUSD
Technical Analysis
Fundamental Analysis
Majors
Currencies
The Taiwan Dollar is moving erratically again: What's behind its appreciation?
The Taiwan Dollar is moving erratically again: What's behind its appreciation?
The volatility surrounding the New Taiwan Dollar (TWD) remains extremely high as investors assess trade-related news against the exposure of Taiwan’s life insurance companies’ to US Dollar(USD)-denominated assets.
Currencies
EmergingMarkets
Taiwan
US: From trade war to capital war – ABN AMRO
US: From trade war to capital war – ABN AMRO
The One Big Beautiful Bill contains many worrying aspects that further increase the debt level, without a strong economic impulse. Beyond the headline tax cuts, it also contains some proposals for various taxes, such as Section 899, that look an awful lot like capital controls.
UnitedStates
Politics
US Elections
Macroeconomics
Banks
WTI Crude Oil prices ease after failing to test $68.00
WTI Crude Oil prices ease after failing to test $68.00
West Texas Intermediary (WTI) is trading lower in the American session on Thursday, erasing a portion of gains from the prior session. 
WTI
Oil
Energy
Commodities
Trump signals a climb-down on immigration enforcement
Trump signals a climb-down on immigration enforcement
Trump indicates he doesn't want to deport illegal immigrant workers
Politics
USD/INR pares earlier gains after softer US PPI data for May
USD/INR pares earlier gains after softer US PPI data for May
The Indian Rupee (INR) recovers some of the initial losses against the US Dollar (USD) ahead of the American session on Thursday as markets digest the latest release of the US Producer Price Index (PPI) report for May.
Macroeconomics
USDINR
EmergingMarkets
India
Seven things that have the euro at the highest since 2021
Seven things that have the euro at the highest since 2021
Euro adds to impressive gains as US initial jobess claims continue to rise. Euro now up 135 pips on the day
Iran President: We will continue enrichment
Iran President: We will continue enrichment
Iran's President not backing down
Politics
US: Initial Jobless Claims rose to 248K last week
US: Initial Jobless Claims rose to 248K last week
US citizens filing new applications for unemployment insurance climbed to 248K for the week ending May 31, as reported by the US Department of Labor (DOL) on Thursday. This print came in above the initial estimates and matched the previous week's revised tally.
Employment
UnitedStates
EconomicIndicator
DollarIndex
US headline Producer Prices rose by 2.6% in May
US headline Producer Prices rose by 2.6% in May
The most recent statistics from the Bureau of Labour Statistics (BLS) show that Producer Prices increased by 2.6% in May compared to the previous year. The figure was in line with forecasts but a tad higher than April’s 2.4% growth.
UnitedStates
Inflation
EconomicIndicator
EURUSD
DollarIndex
US initial jobless claims 248K versus 240K estimate
US initial jobless claims 248K versus 240K estimate
Initial and continuing claims for the current week
ECB’s De Guindos: The euro area economy has proved fairly resilient
ECB’s De Guindos: The euro area economy has proved fairly resilient
The vice-president of the European Central Bank, Luis de Guindos, said that the bloc’s economy had proven resilient but faced a number of risks, such as tariffs, that could curb growth.
ECB
EURUSD
Currencies
CentralBanks
Initial jobless claims and PPI coming up next
Initial jobless claims and PPI coming up next
Eyes on the jobs and inflation data
economic calendar
ForexLive European FX news wrap: Dollar struggle continues, risk on the defensive
ForexLive European FX news wrap: Dollar struggle continues, risk on the defensive
Forex news from the European morning session on Jun 12, 2025
Session wrap
Wrap Europe
EUR pushes to fresh multi-year high – Scotiabank
EUR pushes to fresh multi-year high – Scotiabank
Euro (EUR) is strong and entering Thursday’s NA session with a 1.0% gain, propelled by the combination of trade-related sentiment and fundamentally-driven ECB headlines that have pushed it to levels last seen in November 2021, Scotiabank's Chief FX Strategist Shaun Osborne notes.
EURUSD
Banks
Technical Analysis
CAD reaches fresh recovery high – Scotiabank
CAD reaches fresh recovery high – Scotiabank
The Canadian Dollar (CAD) is extending its recent gains and trading at fresh marginal highs, reaching levels last seen in early October, Scotiabank's Chief FX Strategist Shaun Osborne notes.
USDCAD
Banks
Technical Analysis
BOC
Canada
USD weakens broadly as trade headlines compound CPI losses – Scotiabank
USD weakens broadly as trade headlines compound CPI losses – Scotiabank
The US Dollar (USD) is weak and losing ground against all of the G10 currencies while showing marginal gains vs. MXN, Scotiabank's Chief FX Strategist Shaun Osborne notes.
Banks
DollarIndex
Technical Analysis
EUR/JPY bounces back strongly as ECB signals pause in current policy-easing cycle
EUR/JPY bounces back strongly as ECB signals pause in current policy-easing cycle
The EUR/JPY pair revisits the seven-month high near 166.60 during European trading hours on Thursday after recovering initial losses.
EURJPY
ECB
BOJ
InterestRate
DollarIndex
US Dollar Index (DXY) dives to fresh three-year lows below 98.00
US Dollar Index (DXY) dives to fresh three-year lows below 98.00
Risk aversion and hopes of Fed cuts are punishing the USD.Markets are growing sceptical about Trump's ability to cut significant trade deals.Recent Fed-ECB divergence is putting additional pressure on the US Dollar.,A mix of scepticism about US trade deals and hopes of further interest rate cuts by
DollarIndex
Fed
ECB
RiskAversion
Gold prices head toward $3,400 as Bullion bulls step in
Gold prices head toward $3,400 as Bullion bulls step in
Gold (XAU/USD) prices are attempting to retest the key psychological level of $3,400, as the US Dollar remains pressured on Thursday.
Gold
XAUUSD
Fed
Commodities
Inflation
USD/CHF accelerates its reversal to levels near 0.8100
USD/CHF accelerates its reversal to levels near 0.8100
The US Dollar is being hammered across the board, with the safe-haven CHF rallying on risk aversion.
USDCHF
Currencies
Majors
Levels
EURGBP looks set for a move towards the top of the decade-long range
EURGBP looks set for a move towards the top of the decade-long range
The divergence between the ECB and BoE is becoming more apparent, and the EU long term fundamentals look brighter than ever
GBP
EUR
Brent eyes $72 and $75.40 as next resistance levels – Société Générale
Brent eyes $72 and $75.40 as next resistance levels – Société Générale
Brent crude is showing bullish continuation signals after confirming a double bottom and breaking above its consolidation range, with momentum indicators pointing toward further upside, Société Générale's FX analysts note, Société Générale's FX analysts note.
Banks
Brent
Oil
Technical Analysis
Levels
A sobering ECB report on the role of the EUR – Commerzbank
A sobering ECB report on the role of the EUR – Commerzbank
Some ECB officials, including the President herself, have recently made no secret of their ambitions to establish the euro as the world's new reserve currency, Commerzbank's Head of FX and Commodity Research Thu Lan Nguyen notes.
Banks
EURUSD
ECB
EUR/USD breaks short-term channel – Société Générale
EUR/USD breaks short-term channel – Société Générale
EUR/USD is regaining upside traction after defending its 50-DMA and breaking above a short-term channel, with momentum indicators supporting a test of key resistance levels, Société Générale's FX analysts note.
EURUSD
Technical Analysis
Banks
USD/CNH has likely moved into a 7.1620/7.2200 range – UOB Group
USD/CNH has likely moved into a 7.1620/7.2200 range – UOB Group
US Dollar (USD) could edge higher, but any advance is likely limited to a test of 7.2070. 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
USD: The US-China deal – Commerzbank
USD: The US-China deal – Commerzbank
The US dollar depreciated yesterday following the weaker-than-expected US inflation figures and the EUR/USD exchange rate was able to rise towards its April high this morning.
DollarIndex
Banks
China
Fed
Technical Analysis
USD/JPY: Increase in momentum is not sufficient to indicate a sustained advance – UOB Group
USD/JPY: Increase in momentum is not sufficient to indicate a sustained advance – UOB Group
The current price movements are likely part of a range trading phase between 143.60 and 145.10. In the longer run, Increase in momentum is not sufficient to indicate a sustained advance just yet; US Dollar (USD) must first break and hold above 145.50, UOB Group's FX analysts Quek Ser Leang and Pete
USDJPY
Technical Analysis
Banks
EU: Skeleton of a US deal – Standard Chartered
EU: Skeleton of a US deal – Standard Chartered
US-EU deal is achievable; it may come after 9 July, but tariff reprieve is likely to be extended. EU likely to consider unilateral tariff cuts and streamlining of regulatory burden to mollify Trump.
Banks
Europe
Politics
UnitedStates
Why is Boeing Stock Tanking Today?
Why is Boeing Stock Tanking Today?
And more importantly, watch these possible supports to buy. possibly countering the panic! Always trade BA stock and other stocks at your own risk only, this is not financial advice.
Stock Picks
Stocks
DXY: Data matters – OCBC
DXY: Data matters – OCBC
US Dollar (USD) fell on softer than expected CPI. This puts focus on PPI data tonight (8:30pm) before the lead up to FOMC next week. DXY was last at 98.40 levels, OCBC's FX analysts Frances Cheung and Christopher Wong note.
DollarIndex
Technical Analysis
Banks
USD: Dollar's glass is half empty – ING
USD: Dollar's glass is half empty – ING
It is fair to say that dollar price action has been poor.
DollarIndex
Banks
Technical Analysis
Fed