South Korea Trade Balance remains unchanged at $6.94B in May
South Korea Trade Balance remains unchanged at $6.94B in May Source link
Futures trade is about to open for the new week – Israel-Iran attacks continue
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not
Al Jazeera cite Iran Foreign Minister: “will prepare the ground for a return to diplomacy”
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not
Markets Enter High-Risk Phase as Geopolitical and Trade Risks Collide
Global Financial markets have endured months of turmoil, with overlapping concerns over the US debt downgrade, recession fears, and an intensifying global trade war. The sharp escalation in Middle East conflict last week has only deepened the anxiety, as Israel and Iran exchanged strikes, raising the specter of prolonged regional instability. With the 90-day reciprocal
Posts weekly loss, despite Friday rebound to 0.8100
USD/CHF closes Friday up 0.04%, but logs 1.37% weekly drop to 1-month low at 0.8054. Bearish structure persists: lower highs/lows and weak RSI signal continued downside momentum. Key support lies at 0.8054 and 0.8038; breach may expose psychological 0.8000 level. Bulls need a break above 0.8147 to challenge 0.8200 and the 50-day SMA near 0.8257.
Forexlive Americas FX news wrap 13 Jun: Markets are in flux as Israel and Iran lob bombs
The U.S. dollar moved higher overnight (and coming into the US session), driven by classic flight-to-safety flows following Israel’s strike on Iran. However, U.S. yields did not follow the usual script—instead of falling amid geopolitical stress, they moved higher. This divergence from the typical Pavlovian response raises questions. It may reflect rising oil prices and
Markets weekly outlook – FOMC, BoJ and BoE Rate Decision, risk-off flows?
Elior Manier Market Analyst Elior brings over seven years of experience in financial markets to our analyst team. Since 2018, he has actively engaged in observing, charting, and trading, driven by his passion for mastering market dynamics. With a profound understanding of the geopolitical and macroeconomic forces that shape market movements, Elior focuses on analysing
USD/JPY recovers as BoJ’s hawkish tone softens
USD/JPY trades above 144.00 as safe-haven flows boost the US Dollar amid rising Middle East tensions. BoJ is expected to hold rates steady, limiting support for the Yen despite earlier hawkish signals from Governor Ueda. Japan and the US prepare to meet at the G7 summit in Canada, where the two nations are expected to
Citadel Securities’ head of electronic FX departs
Kevin Kimmel, the global head of electronic foreign exchange at Citadel Securities, has left the firm, according to sources familiar with the matter. Kimmel leaves after 11 years at Citadel. Most recently, he ran the firm’s currency trading business, which ranks as a top three market maker across major spot and futures venues. Kimmel was
Gold surges past $3,400 on Israel-Iran war risk, soft US inflation boosts safe-haven demand
Bullion rallies to five-week high amid geopolitical tension and dovish Fed outlook Israel strikes Iran, fueling fears of broader war and driving flight to safety into Gold. XAU/USD hits $3,446 before easing on profit-taking; eyes next week’s Fed decision and US data slate. Gold price rallied for the third consecutive day after the Israel-Iran conflict