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Forex

EUR/USD: Potential bullish hammer to give spot a lift – Scotiabank

Election-related concerns are extending pressure on French assets, and markets are likely to play defensively.

Forex

Bank of England set to lay groundwork for an August cut – Danske Bank

The Bank of England (BoE) will keep the Bank Rate unchanged at 5.25% and the first 25-basis-point cut isn't expected until August, says...

Forex

Silver Price Forecast: XAG/USD holds key support of $29 as cooler US CPI boosts Fed rate-cut bets

Silver price (XAG/USD) clings to key support of $29.00 in Friday’s American session.

Forex

The post OPEC+ sell-off is finally going away – TDS

Commodity Trading Advisors (CTAs) are on the bid with WTI and Brent crude on Friday, analysts at TD Securities note.

Cryptocurrency

Have Ordinals Fueled Bitcoin’s L2 Arms Race?

The introduction of Ordinals has ignited a surge of innovation within Bitcoin’s ecosystem, particularly through various Layer 2 implementations. These include a variety...

Forex

Copper loses positions amid increasing inventory levels – TDS

The industrial metals continue to slide into the end of the week, analysts at TD Securities say.

Forex

Gold rushes up on weak US CPI and less hawkish Fed – TDS

Gold (XAU/USD) prices are nearly back to the post-CPI highs seen on Wednesday, analysts at TDS note.

Forex

Despite the big miss in the Michigan survey, the USD is little changed near highs.

The Michigan survey numbers were much weaker than expectations. Despite the sharp declines, the dollar is steady and trading near highs vs the...

Forex

US UoM Consumer Confidence Index declines to 65.6 in June vs. 72 expected

Consumer confidence in the US weakened in early June, with the University of Michigan's Consumer Sentiment Index edging lower to 65.6 from 69.1...

Forex

United States UoM 5-year Consumer Inflation Expectation: 3.1% (June) vs 3%

United States UoM 5-year Consumer Inflation Expectation: 3.1% (June) vs 3%