EUR/CAD holds near 1.6170 after Germany's GfK Consumer Confidence beat forecasts. The Canadian Dollar weakens as oil prices decline amid Middle East diplomatic
Fed Chair Warsh makes his Jackson Hole debut as Nvidia earnings and US PCE inflation data threaten to overshadow any policy signals.
UK July CPI rose to 2.9% y/y, meeting expectations. Deutsche Bank sees further upside ahead, with risks skewed higher for the MPC.
Silver trades near $65 on Friday but lacks follow-through. A weaker USD supports the metal while technicals signal consolidation ahead.
Silver climbed 3.06% on Wednesday to $66.56 per troy ounce. The Gold/Silver ratio fell to 66.32 from 67.64 the previous session.
Analyst forecasts for the upcoming US NFP report show tight clustering around 70K–80K. Earnings data may matter more than headline jobs figures.
Gold finds support from Chinese ETF inflows and Fed uncertainty. Citi expects a return to $4,500 in Q4 after current consolidation.
Gold extends intraday losses near $4,060 as the USD rebounds on persistent Fed rate hike bets and rising geopolitical tensions in the Middle East.
BBH's Elias Haddad sees RBA hike risks alive but warns an extended pause is more likely, posing a headwind for the Australian Dollar.
GBP/USD intraday bias stays neutral. A rally above 1.3557 targets 1.3657, with the broader uptrend pointing toward 1.4248 resistance.
SNB June minutes show rising inflation concerns but no urgency to act. Policy rate stays at 0% as franc appreciation risks remain elevated.
Gold retreats for a second day amid US-Iran escalation and Strait of Hormuz closure, lifting oil prices and reinforcing Fed rate hike expectations.
Qatar's PM condemned Iranian attacks on commercial ships in the Strait of Hormuz. The US Dollar Index edged up to near 100.90 following the remarks.
Canada, Alberta, and the oil sands alliance have agreed terms for the Pathways project, with Trans Mountain Corp and Pembina Pipeline set to build a new Pacific
Robinhood is pushing into Europe, offering crypto in the UK and perpetuals trading for EU users as it accelerates its international expansion.
The UAE issued then withdrew a missile alert within 2 minutes, briefly lifting oil prices $1 before markets settled on the malfunction news.
Germany's IFO Business Climate Index improved to 85.6 in June, meeting expectations. The Euro showed little immediate reaction to the data.
Gold falls toward six-day lows as Fed repricing drives the Dollar to 13-month highs. XAU/USD faces further downside risk below the 200-day SMA.
The Bank of Japan raised its policy rate to 1%, a 31-year high, and will pause JGB tapering from April 2027 while warning CPI may overshoot 2%.
ECB Governing Council member Gabriel Makhlouf warned Friday that acting too slowly on inflation would be a mistake. EUR/USD trades 0.15% lower near 1.1560.