Gold rises toward a record high – ING
Gold rises toward a record high – ING
Gold is higher at the Monday open, getting closer to a fresh all-time high, with rising tensions in the Middle East fuelling haven demand, ING’s commodity analysts Warren Patterson and Ewa Manthey note.
Gold
Commodities
Banks
Metals
XAUUSD
USD slips as risk sentiment improves – Scotiabank
USD slips as risk sentiment improves – Scotiabank
The US Dollar (USD) is softer overall, crude oil is lower while the ILS is some 2% stronger and risk appetite is firmer at the start of what is likely to be a busy week for markets, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note, Scotiabank's Chief FX Strategists Shaun Osborne and Eric T
DollarIndex
Banks
Technical Analysis
Tehran ready to abandon enrichment but needs a face-saving exit - IranWire
Tehran ready to abandon enrichment but needs a face-saving exit - IranWire
Iranwire citing exclusive interview with a high-ranking Iranian diplomat
USD: Dollar rebound has been lacklustre – ING
USD: Dollar rebound has been lacklustre – ING
This was always meant to be a very busy week for markets, as a few key central bank meetings – including the Federal Reserve's – were set to refresh the market understanding of policymakers’ stance on the inflation-growth balance in the second month of global US protectionism.
Banks
DollarIndex
Technical Analysis
Oil
Fed
Gold Price Forecast: XAU/USD fails at $3,440 and approaches $3,400 support
Gold Price Forecast: XAU/USD fails at $3,440 and approaches $3,400 support
Gold (XAU/USD) is correcting lower after rejection at the $3,440 resistance area on Friday.
XAUUSD
Gold
Metals
Commodities
NZD/USD: Likely to trade in a range of 0.5970/0.6080 for now – UOB Group
NZD/USD: Likely to trade in a range of 0.5970/0.6080 for now – UOB Group
New Zealand Dollar (NZD) is likely to trade in a range between 0.6000 and 0.6050. In the longer run, upward pressure has faded; NZD is likely to trade in a range of 0.5970/0.6080 for now.
Banks
NZDUSD
Technical Analysis
Energy: Oil in focus – ING
Energy: Oil in focus – ING
Oil extended gains on Monday morning as Israel-Iran attacks extended to a fourth day. On Saturday, Israel temporarily knocked out a natural gas processing facility linked to the South Pars field and targeted fuel storage tanks during strikes.
Oil
Banks
Energy
Commodities
OPEC
CFD Brokers Prepare for Summer with New Brand Campaigns
CFD Brokers Prepare for Summer with New Brand Campaigns
News Discussion Forum
By Finance Magnates
CFD Brokers Prepare for Summer with New Brand Campaigns
NAGA and Swissquote—have introduced separate brand campaigns aimed at broadening their visibility and user engagement across key markets.
Naga
Naga Group
swissquote
retail
retail FX
US Dollar Index (DXY) retreats below 98.00, weighed by a brighter market mood
US Dollar Index (DXY) retreats below 98.00, weighed by a brighter market mood
Friday’s US dollar recovery has been short-lived.
DollarIndex
Currencies
Fed
DXY: Rangebound for now – OCBC
DXY: Rangebound for now – OCBC
US Dollar (USD) remains a touch firmer amid geopolitical escalation between Israel and Iran. DXY was last at 97.93 levels, OCBC's FX analysts Frances Cheung and Christopher Wong note.
DollarIndex
Banks
Technical Analysis
USD/CHF consolidates near two-month lows with traders eyeing Fed-SNB cues
USD/CHF consolidates near two-month lows with traders eyeing Fed-SNB cues
The Swiss Franc (CHF) is holding steady against the US Dollar (USD) on Monday, even as the US Dollar Index (DXY) slips back below 98.00, with traders brace for a relatively calm start to a week full of central bank decisions and the context of an escalating war between Israel and Iran..
USDCHF
Switzerland
SNB
InterestRate
AUD/USD: Likely to trade sideways between 0.6430 and 0.6550 – UOB Group
AUD/USD: Likely to trade sideways between 0.6430 and 0.6550 – UOB Group
Downward pressure appears to have eased; Australian Dollar (AUD) is likely to trade sideways between 0.6460 and 0.6520. In the longer run, AUD appears to have moved into a range-trading phase between 0.6430 and 0.6550, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note.
AUDUSD
Technical Analysis
Banks
USD/JPY gives back early gains ahead of BoJ-Fed monetary policy decision
USD/JPY gives back early gains ahead of BoJ-Fed monetary policy decision
The USD/JPY pair surrenders its early gains and flattens around 144.15 during European trading hours on Monday. The pair faces selling pressure as the US Dollar (USD) falls back after failing to extend Friday’s recovery move.
USDJPY
Fed
BOJ
MiddleEast
InterestRate
China: Consumption up, investment down – Standard Chartered
China: Consumption up, investment down – Standard Chartered
Retail sales growth accelerated to a 17-month high in May on front-loaded policy support. Better sentiment after US-China tariff truce supported steady export and IP growth.
China
Banks
Growth
Macroeconomics
RetailSales
AUD/USD pares Friday’s losses and returns above 0.6500 as risk aversion ebbs
AUD/USD pares Friday’s losses and returns above 0.6500 as risk aversion ebbs
The Australian Dollar is one of the stronger performers on Monday, favoured by an improving market sentiment and a weaker US Dollar. The pair is rallying about 0.45% so far today, returning to levels past 0.6500 as fears about the Middle East conflict ease.
AUDUSD
Currencies
Why tariffs don't matter anymore for the market?
Why tariffs don't matter anymore for the market?
The market has already baked in a 10% average tariff rate
market overview
EU prepared to accept a flat 10% US tariff under clear conditions
EU prepared to accept a flat 10% US tariff under clear conditions
Handelsblatt, a German newspaper, reported on Monday that the European Commission is prepared to accept a flat-rate United States (US) tariff of 10% under clear conditions.
Europe
EURUSD
UnitedStates
TradeWar
Eurozone
Silver Price Forecast: XAG/USD consolidates gains above $36.00
Silver Price Forecast: XAG/USD consolidates gains above $36.00
Silver prices (XAG/USD) remain close to the multi-year highs near $37.00 hit last week, despite a moderate decline in demand for safe-haven assets, like precious metals, as fears that the Israel-Iran war might turn into a regional conflict have eased.Israel and Iran have kept exchanging missile atta
XAGUSD
Silver
Fed
Commodities
GBP/USD: Likely to trade sideways between 1.3515 and 1.360 – UOB Group
GBP/USD: Likely to trade sideways between 1.3515 and 1.360 – UOB Group
Current price movements are likely part of a sideways trading phase between 1.3515 and 1.3605. In the longer run, GBP must first close above 1.3640 before a move to 1.3700 can be expected, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
GBPUSD
Banks
Technical Analysis
Iran’s Foreign Ministry: Parliament is preparing a bill to leave nuclear Non-Proliferation Treaty
Iran’s Foreign Ministry: Parliament is preparing a bill to leave nuclear Non-Proliferation Treaty
Esmaeil Baghaei, an Iranian Foreign Ministry spokesperson, said on Monday that the Iranian parliament is preparing a bill to leave the nuclear Non-Proliferation Treaty (NPT).
MiddleEast
Israel
Macroeconomics
Iran
JPY: BoJ to hold, but hike chances underpriced – ING
JPY: BoJ to hold, but hike chances underpriced – ING
G10 central bank activity this week starts with the Bank of Japan, which is widely expected to keep rates at 0.5% overnight, ING's FX analyst Francesco Pesole notes.
USDJPY
Banks
BOJ
Technical Analysis
Japan
GBP/USD: Pullback is on the cards – OCBC
GBP/USD: Pullback is on the cards – OCBC
Pound Sterling (GBP) eased further as escalation in geopolitical tensions weighed on sentiments. Pair was last at 1.3583 levels, OCBC's FX analysts Frances Cheung and Christopher Wong note.
GBPUSD
Banks
Technical Analysis
Silver price today: Silver rises, according to FXStreet data
Silver price today: Silver rises, according to FXStreet data
Silver prices (XAG/USD) rose on Monday, according to FXStreet data.
Silver
Commodities
Metals
Indian Trade Ministry: India and US aiming to sign interim deal before July 9
Indian Trade Ministry: India and US aiming to sign interim deal before July 9
An official from the Indian Trade Ministry said on Monday that “India and US are aiming to sign interim deal before July 9.”
India
China
UnitedStates
TradeWar
USDINR
EUR: Peak central bank action in Europe – ING
EUR: Peak central bank action in Europe – ING
The eurozone’s dependence on energy price exports should put a curb on EUR/USD upside in our view, ING's FX analyst Francesco Pesole notes.
Banks
EURUSD
Technical Analysis
India says aiming to sign interim deal with the US before 9 July
India says aiming to sign interim deal with the US before 9 July
Remarks by an official from the Indian trade ministry
Politics
Israel: Destroyed more than one-third of Iran's missile launchers
Israel: Destroyed more than one-third of Iran's missile launchers
A spokesperson for the Israeli military said on Monday that they have “destroyed more than one-third of Iran's surface-to-surface missile launchers.”
MiddleEast
Israel
Macroeconomics
Iran
DollarIndex
EU Regulators Impose 970 Sanctions Worth €71 Million in 2024 Enforcement Push
EU Regulators Impose 970 Sanctions Worth €71 Million in 2024 Enforcement Push
News Discussion Forum
By Finance Magnates
EU Regulators Impose 970 Sanctions Worth €71 Million in 2024 Enforcement Push
European financial regulators handed out more than 970 administrative sanctions and penalties in 2023, collecting over €71 million in fines from firms that violated securities rules, according to t...
esma
report
2024
Eurozone wage costs seen easing in Q1 2025
Eurozone wage costs seen easing in Q1 2025
The nominal hourly wage costs is down to 3.4% year-on-year in the first quarter of this year
How have interest rates expectations changed following the surge in oil prices?
How have interest rates expectations changed following the surge in oil prices?
Higher oil prices triggered a bit of a hawkish repricing in interest rates expectations
market overview
EUR/GBP rises above 0.8500 as Israel-Hamas tensions ease
EUR/GBP rises above 0.8500 as Israel-Hamas tensions ease
EUR/GBP gains ground after registering little losses in the previous session, trading around 0.8530 during the European hours on Monday.
Macroeconomics
EURGBP
Eurozone
UnitedKingdom
Crosses
USD/CAD approaches YTD lows at 1.3565 after failure at 1.3600
USD/CAD approaches YTD lows at 1.3565 after failure at 1.3600
The USD/CAD recovery attempt seen during Monday’s early trade has failed to find acceptance above 1.3600.
USDCAD
Currencies
AUD/JPY jumps to near 94.00 as safe-haven assets lose steam, BoJ policy in focus
AUD/JPY jumps to near 94.00 as safe-haven assets lose steam, BoJ policy in focus
The AUD/JPY pair climbs to near 94.00 during European trading hours on Monday. The cross moves sharply higher as demand for safe-haven assets, such as the Japanese Yen (JPY) has diminished, while tensions between Israel and Iran have escalated.
AUDJPY
BOJ
Employment
MiddleEast
Inflation
Australia’s Main Stock Exchange Is Under Investigation for “Serious Failures”
Australia’s Main Stock Exchange Is Under Investigation for “Serious Failures”
News Discussion Forum
By Finance Magnates
Australia’s Main Stock Exchange Is Under Investigation for “Serious Failures”
The Australian regulator has opened a broad inquiry into the country’s primary stock exchange, the Australian Securities Exchange (ASX) group, specifically for “governance, capability and risk mana...
Australia
Asx
Asic
Italy May final CPI +1.6% vs +1.7% y/y prelim
Italy May final CPI +1.6% vs +1.7% y/y prelim
Latest data released by Istat - 16 June 2025
Pound Sterling ticks up against USD ahead of Fed-BoE policy decision
Pound Sterling ticks up against USD ahead of Fed-BoE policy decision
The Pound Sterling (GBP) ticks up to near 1.3590 against the US Dollar (USD) so far on Monday, remaining inside Friday’s trading range.
GBPUSD
Fed
BOE
Inflation
SEO
Forex Today: Markets focus on geopolitics as Iran-Israel conflict deepens
Forex Today: Markets focus on geopolitics as Iran-Israel conflict deepens
Here is what you need to know on Monday, June 16:
Macroeconomics
Majors
Currencies
Commodities
EconomicIndicator
Crude oil consolidates as supply fears ease
Crude oil consolidates as supply fears ease
The tensions in the Middle East remain high but oil prices pull back amid lack of supply problems