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GBP/JPY drops to two-week low below 196.00 on UK political jitters
1751462789 from FXSTREET
Pound Sterling stays under heavy selling pressure on Wednesday as markets assess the latest political developments in the UK. At the time of press, GBP/JPY was trading at its lowest level in two weeks near 195.50, losing 0.8% on a daily basis.
WTI Crude Oil steadies above $64 as traders brace for OPEC+ decision
1751461258 from FXSTREET
West Texas Intermediate (WTI) Crude Oil continues to trade in a narrow range on Wednesday, consolidating after a sharp selloff triggered by the Iran–Israel ceasefire, as geopolitical risk premiums unwind and traders reposition ahead of the upcoming Organization of the Petroleum Exporting Countries a
EUR/USD Price Forecast: Undergoing correction aiming for 1.1700
1751461251 from FXSTREET
The EUR/USD pair came under selling pressure throughout the first half of the day, although the broad US Dollar (USD) weakness kept the slide limited. Market players keep their eyes on the United States (US) amid fiscal and political woes.
GBP/USD Forecast: Pound Sterling reverses course after posting multi-year high
1751453374 from FXSTREET
GBP/USD stays under bearish pressure on Wednesday and trades near 1.3700 after touching its highest level since October 2021 at 1.3788 on Tuesday. Investors await private sector employment data from the US.
EUR/USD Forecast: Euro could extend correction on an upbeat US employment data
1751450683 from FXSTREET
EUR/USD corrects lower on Wednesday and trades below 1.1800 after setting a new multi-year high at 1.1830 on Tuesday. The pair's near-term technical outlook highlights a loss of bullish momentum as market focus shifts to private sector employment data from the US.
AUD/USD Price Forecast: Bulls have the upper hand while above 0.6540-0.6530 resistance breakpoint
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The AUD/USD pair attracts some sellers on Wednesday and moves away from a fresh year-to-date high, around the 0.6590 area touched the previous day. The Australian Dollar (USD) is weighed down by rather unimpressive domestic data.
Gold price moves away from one-week top amid modest USD strength; bulls not ready to give up yet
1751441509 from FXSTREET
Gold price (XAU/USD) trades with a mild negative bias during the early European session on Wednesday and for now, seems to have snapped a two-day winning streak to a one-week top touched the previous day.
EUR/JPY appreciates to near 169.50 ahead of Eurozone Unemployment Rate
1751441496 from FXSTREET
EUR/JPY retraces its recent losses from the previous session, trading around 169.40 during the early European hours on Wednesday. The currency cross maintains its position near 169.86, the highest since July 2024, which was recorded on June 30, 2025.
USD/INR gains while Trump signals US-India striking deal before tariff deadline
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The Indian Rupee (INR) faces selling pressure against the US Dollar (USD) during European trading hours on Wednesday. The USD/INR drops to near 85.82 as the US Dollar strives to gain ground after the release of the surprisingly upbeat US JOLTS Job Openings data for May.
GBP/USD eases from 3-year high as BoE turns dovish, US data beats
1751383354 from FXSTREET
The Pound Sterling (GBP) loses ground versus the US Dollar after hitting a new three-year peak of 1.3788, just shy of the 1.3800 figure. Economic data from the United States (US), along with dovish comments of the Bank of England’s (BoE) Governor Bailey, exerted downward pressure on the pair.
Why Millennials are using Gold IRAs to reach their retirement goals
1751379889 from FXSTREET
This trend is particularly marked among millennials, who are showing a growing appetite for Gold as part of their retirement planning, including the integration of the yellow metal into individual retirement accounts, and more specifically, Gold IRAs, which are becoming more popular.
Japanese Yen strengthens to over two-week high as US Dollar weakens, trade tensions linger
1751375578 from FXSTREET
The Japanese Yen (JPY) gains against the US Dollar (USD) on Tuesday, reaching its highest level in over two weeks as the broadly weak Greenback remains under pressure amid fiscal uncertainty and dovish Federal Reserve (Fed) expectations.
EUR/USD Price Forecast: Buyers aiming for 1.1900
1751373473 from FXSTREET
The EUR/USD pair retains gains near multi-year highs, trading at around 1.1800 and heading towards the September 2021 high of 1.1908. The US Dollar (USD) keeps suffering from mounting tensions between the United States (US) President Donald Trump and the Federal Reserve (Fed) Chair Jerome Powell.
The ECB's strategy review: only small tweaks? – Rabobank
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The ECB concluded its strategy assessment yesterday. The review does not suggest major changes in the conduct of monetary policy, nor in the communication of its policy decisions, Rabobank's Senior Macro Strategist Bas van Geffen reports.
Chinese Gold market in expansion mode – Commerzbank
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China imported large quantities of Gold from Hong Kong for the second month in a row in May. According to data from the Hong Kong Statistics Department, net shipments to China amounted to 48.1 tons, compared to 43.4 tons in April.
GBP/USD Forecast: Pound Sterling could face stiff resistance at 1.3830
1751363743 from FXSTREET
GBP/USD gathers bullish momentum following Monday's choppy action and trades at its highest level since October 2021 above 1.3770. In the second half of the day, macroeconomic data releases from the US and comments from central bankers could drive the pair's action.
EUR/USD steadies near highs as trade uncertainty, US debt woes weigh on the Dollar
1751357473 from FXSTREET
The EUR/USD pair is trading practically flat around 1.1790 at the moment of writing on Tuesday, edging slightly down after a nine-day rally that reached levels above 1.1800 for the first time in almost four years.
Silver spikes up to $36.50 with markets turning cautious
1751357136 from FXSTREET
Silver (XAG/USD) is extending its rebound from Monday’s lows at $3540 to intra-day highs at $36.50 so far, with precious metals supported by higher demand for safe havens, amid an increasingly cautious market sentiment.Trump’s comments complaining about the lack of progress on the trade talks with J
ECB Forum Preview: World’s main central bankers expected to shed light on interest rates as uncertainty grows
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Jerome Powell, Chairman of the Federal Reserve System (Fed), and Christine Lagarde, European Central Bank (ECB) President, will speak at the 2025 ECB Forum on Central Banking at 13:30 GMT on Tuesday, July 1.
EUR/GBP holds below 0.8600 ahead of Eurozone inflation data, BoE’s Bailey speech
1751350276 from FXSTREET
The EUR/GBP cross attracts some sellers to around 0.8575 during the early European session on Tuesday. The Euro (EUR) edges lower against the Pound Sterling (GBP) due to the softer-than-expected German inflation data.
EUR/USD Price Forecast: Too high, too fast?
1751309772 from FXSTREET
The Euro (EUR) stretched its winning streak to a seventh session on Monday, encouraging EUR/USD to clinch fresh YTD highs around 1.1780 as traders embraced a potent mix of geopolitical relief, improvement on the trade front, and speculation of rate cuts by the Federal Reserve (Fed).
Seven fundamentals for the week: Investors eye buildup to Nonfarm Payrolls, trade talks
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Fasten your seatbelts – it is getting busy, and not only on the economic calendar. Nonfarm Payrolls (NFP) are brought forward to Thursday and compete with lawmakers in Washington and trade deals.