Oil tries to break out but gets reeled back in
Oil tries to break out but gets reeled back in
Oil closes lower after initially hitting a two-month high
Silver Price Forecast: XAG/USD pulls back from $37.00 as US Dollar rebounds on US-Sino talks
Silver Price Forecast: XAG/USD pulls back from $37.00 as US Dollar rebounds on US-Sino talks
Silver price faces resistance near $37.00 and retreats by some 0.50% on Tuesday as the US dollar stages a comeback, with investors growing more confident of a US-China deal later in the day. At the time of writing, the XAG/USD trades at $36.52, below its opening price.
Technical Analysis
XAGUSD
Silver
Metals
EUR/USD stalls with traders awaiting US CPI and US-China headlines
EUR/USD stalls with traders awaiting US CPI and US-China headlines
EUR/USD remains stable during Tuesday’s North American session as investors await updates on US-China trade talks in London and the release of the latest inflation figures in the United States (US). At the time of writing, the pair is trading at 1.1423, virtually unchanged.
Majors
EURUSD
Macroeconomics
Technical Analysis
SEO
Canadian Dollar trades steady as Loonie bidding holds firm
Canadian Dollar trades steady as Loonie bidding holds firm
The Canadian Dollar (CAD) kicked back into recent highs against the US Dollar (USD) on Tuesday, keeping the USD/CAD pair restrained below the 1.3700 handle. Markets are increasingly focused on trade headlines and looming US Consumer Price Index (CPI) inflation data due on Wednesday.
USDCAD
SEO
CPI
Mexican Peso steadies ahead of US-Mexico trade talks, US CPI
Mexican Peso steadies ahead of US-Mexico trade talks, US CPI
The Mexican Peso (MXN) is trading flat against the US Dollar (USD) during Tuesday’s US session, as investor focus remained on the ongoing US–China trade talks in London. 
USDMXN
Mexico
Fed
CPI
SEO
Dow Jones Industrial Average finds thin gains as investors hope for trade talk success
Dow Jones Industrial Average finds thin gains as investors hope for trade talk success
The Dow Jones Industrial Average (DJIA) is still trading into the high end of recent congestion on Tuesday. Market momentum remains limited overall as traders brace for a one-two punch of trade headlines and key post-tariff Consumer Price Index (CPI) inflation data due on Wednesday.
DowJones
Equities
SEO
TradeWar
US treasury auctions $58B of 3 year notes at a high yield of 3.972%
US treasury auctions $58B of 3 year notes at a high yield of 3.972%
WI level at the time of the auction was 3.968%
Bonds
USD
US/China talks are on break
US/China talks are on break
They will resume at 8 PM BST
US 3-Year Note Auction on Deck at 1PM ET
US 3-Year Note Auction on Deck at 1PM ET
The first of 3 coupon auctions this week.
US official says US/China talks are ongoing
US official says US/China talks are ongoing
US official reports ongoing US/China talks with technical details being worked out. Not so hot news is there is lack of progress in Iran's nuclear negotiations
Drill, baby, drill? US agency sees US oil prodcution falling next year
Drill, baby, drill? US agency sees US oil prodcution falling next year
EIA holds forecast for 2025 US oil production but cuts 2026 outlook
India and the US advance trade talks - report
India and the US advance trade talks - report
The US and India spoke in four days of talks
Politics
USD/JPY trades in a tight range as interest rate differentials, trade talks drive sentiment
USD/JPY trades in a tight range as interest rate differentials, trade talks drive sentiment
The Japanese Yen (JPY) is steadying against the US Dollar (USD) on Tuesday, with the USD/JPY pair hovering above the 144.00 level in relatively muted trade. 
USDJPY
Majors
Macroeconomics
BOJ
Japan
Research China: Green shoots meet trade war – Danske Bank
Research China: Green shoots meet trade war – Danske Bank
The Chinese economy saw green shoots in Q1, but the trade war created a new headwind in April, Danske Bank's FX analysts report.
China
Banks
Macroeconomics
Growth
Goldman Sachs: Rolling our EUR/USD forecasts higher
Goldman Sachs: Rolling our EUR/USD forecasts higher
The euro is trading at 1.1429 today, up 10 pips
Cable makes the round trip on USD weakness and data questions
Cable makes the round trip on USD weakness and data questions
GBPUSD bounces back after US dollar weakens and UK data reliability concerns emerge, raising uncertainty for BOE policymakers.
Oil Price Forecast: WTI crude extends upside above $64.00 on improved US-China relations
Oil Price Forecast: WTI crude extends upside above $64.00 on improved US-China relations
West Texas Intermediate (WTI) crude Oil price is trading higher on Tuesday, extending its upward move for the fourth consecutive day, and supported by ongoing optimism around the second day of US–China trade talks in London. 
Oil
WTI
Energy
Commodities
Reuters poll: BoE to cut interest rate by 25 bps in Q3 and Q4
Reuters poll: BoE to cut interest rate by 25 bps in Q3 and Q4
A large majority of 59 economists polled by Reuters expect the Bank of England (BoE) to cut the policy by 25 basis points (bps) in the third quarter and the fourth quarter, bringing down the bank rate to 3.75% from 4.25%, where it currently stands.
BOE
CentralBanks
GBPUSD
InterestRate
Reuters poll: Fed likely to resume cutting rates in September
Reuters poll: Fed likely to resume cutting rates in September
59 of 105 economists polled by Reuters said that they expect the Federal Reserve (Fed) to resume cutting interest rates in the next quarter, likely in September.
Fed
CentralBanks
InterestRate
GBP/JPY slides on softer UK labour market conditions, hawkish BoJ comments
GBP/JPY slides on softer UK labour market conditions, hawkish BoJ comments
The Japanese Yen (JPY) is strengthening against the British Pound (GBP) on Tuesday, following the release of employment data that suggests the UK economy may be under pressure.
GBPJPY
Fundamental Analysis
Macroeconomics
Crosses
US Dollar Index falls back amid uncertainty over US-China trade meeting outcome
US Dollar Index falls back amid uncertainty over US-China trade meeting outcome
The US Dollar Index (DXY), which tracks the Greenback’s value against six major currencies, gives back its early gains and flattens around 99.00 during European trading hours on Tuesday.
DollarIndex
Macroeconomics
Fed
UnitedStates
China
Forexlive European FX news wrap: Awaiting the US-China trade talks outcome
Forexlive European FX news wrap: Awaiting the US-China trade talks outcome
Forex news from the European morning session on Jun 10, 2025
Session wrap
Wrap Europe
EUR extending consolidation in low1.14s – Scotiabank
EUR extending consolidation in low1.14s – Scotiabank
The Euro (EUR) is also entering Tuesday’s NA session unchanged vs. the US Dollar (USD) with a modest recovery of mild late Asian/early European session weakness, Scotiabank's Chief FX Strategist Shaun Osborne notes.
EURUSD
Banks
Technical Analysis
CAD unchanged as FV is flattered by both spreads and oil – Scotiabank
CAD unchanged as FV is flattered by both spreads and oil – Scotiabank
The Canadian Dollar (CAD) is entering Tuesday’s NA session unchanged from Monday’s close, recovering from mild weakness observed in late Asian / early European trade, Scotiabank's Chief FX Strategist Shaun Osborne notes.
USDCAD
Banks
Technical Analysis
BOC
Canada
Gold trades cautiously as market focus shifts to US CPI data as US-China talks progress
Gold trades cautiously as market focus shifts to US CPI data as US-China talks progress
Gold prices are trading flat against the US Dollar on Tuesday, as markets weigh the improved US–China trade dialogue against rising geopolitical risks.
Gold
XAUUSD
Macroeconomics
Commodities
SEO
EUR/GBP explores one-month highs above 0.8460 with the Pound on the defensive
EUR/GBP explores one-month highs above 0.8460 with the Pound on the defensive
The Euro is rallying against a weaker Pound on Tuesday, with bulls pushing against the top of last month’s trading range, at 0.8460, favoured by weak UK employment figures and positive data from the Eurozone.
EURGBP
Currencies
Employment
USD: FX markets in holding pattern awaiting fresh catalyst – Scotiabank
USD: FX markets in holding pattern awaiting fresh catalyst – Scotiabank
Currency markets are generally quiet as we move into Tuesday’s NA session. All of the G10 currencies are trading in a relatively tight range, with the exception of GBP as it underperforms on the back of a weaker domestic employment release.
DollarIndex
Banks
Technical Analysis
Fed
USD/JPY pulls back after briefly breaching 145.00 as BOJ reaffirms caution – Société Générale
USD/JPY pulls back after briefly breaching 145.00 as BOJ reaffirms caution – Société Générale
USD/JPY briefly breached the psychologically significant 145.00 level before pulling back, as dovish remarks from BOJ Governor Ueda reinforced market expectations for a slow and cautious policy normalization.
USDJPY
Banks
BOJ
Technical Analysis
Gold Price Forecast: XAU/USD approaches resistance at $3,340
Gold Price Forecast: XAU/USD approaches resistance at $3,340
Gold (XAU/USD) has reversed course durub¡ng the European trading session on Tuesday, and is showing moderate gains, approaching resistance at $3,340 as the Dollar gives away gains with optimism about the outcome of the US-China meeting wearing off.seemsA mild enthusiasm on the back of the positive c
XAUUSD
Gold
Metals
Commodities
USD/CNH: Likely to trade in a range of 7.1700/7.1900 – UOB Group
USD/CNH: Likely to trade in a range of 7.1700/7.1900 – UOB Group
US Dollar (USD) is likely to trade in a range of 7.1700/7.1900 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, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
Banks
Technical Analysis
USDCNH