New Zealand Dollar plunges to two-month lows after upbeat US NFP report
NZD/USD falls sharply towards the 0.5790 region on Friday as the US Dollar (USD) strengthened following a stronger-than-expected Nonfarm Payrolls (NFP) report, while the New Zealand Dollar (NZD) struggled to attract buyers amid a cautious market mood. At the time of writing, the pair trades at 0.5791, its lowest level in the last two months. […]
Earnings season takeaways: resilient, but for how long?
Earnings season takeaways: resilient, but for how long? Source link
Gold (XAU/USD) Price Forecast: Falling Wedge Signals Key Inflection Zone – FXEmpire
Gold (XAU/USD) Price Forecast: Falling Wedge Signals Key Inflection Zone FXEmpire Source link
BSP tightening path supports PHP – UOB
UOB economists Julia Goh and Loke Siew Ting note that Philippine inflation unexpectedly eased in May but remains above the Bangko Sentral ng Pilipinas (BSP) target, keeping risks tilted to the upside. They expect the BSP to deliver a 25bps hike to 4.75% on 18 June and another 25bps to 5.00% in 3Q26, then hold […]
California to decide soon whether it will seek to block Paramount deal
California to decide soon whether it will seek to block Paramount deal Source link
Gold (XAUUSD) & Silver Price Forecast: Gold Tumbles Under $4,500 as Silver Slips to $72 — More Pain Ahead? – FXEmpire
Gold (XAUUSD) & Silver Price Forecast: Gold Tumbles Under $4,500 as Silver Slips to $72 — More Pain Ahead? FXEmpire Source link
XAG crashes toward 200-day SMA, eyes $61.00
Silver (XAG/USD) price tanks and challenges the 200-day Simple Moving Average (SMA) near $67.79 on Friday, as the white metal registers a daily loss of nearly 8% and is poised to end the week down by almost 10%, amid a stronger-than-expected US Nonfarm Payrolls report. XAG/USD Price Forecast: Technical outlook Silver has extended its losses […]
Nasdaq craters 4% to post worst day in over a year, S&P snaps nine-week win streak
Nasdaq craters 4% to post worst day in over a year, S&P snaps nine-week win streak Source link
Gold Price Forecast: XAU/USD languishes below $4,480 with US Nonfarn Payrolls on tap – Mitrade
Gold Price Forecast: XAU/USD languishes below $4,480 with US Nonfarn Payrolls on tap Mitrade Source link
KRW and IDR face technical strain – OCBC
OCBC’s FX Strategist Sim Moh Siong says softer Oil prices offer only limited relief to Asia FX, with the Korean Won and Indonesian Rupiah still pressured by equity outflows and policy concerns. He argues KRW fundamentals remain strong but are overshadowed by technical equity flows, while Bank Indonesia (BI) has reportedly stepped up FX intervention […]
