Author: FX
The GBP/USD pair trades marginally lower to near 1.3338 during the European trading session on Monday. The pair posts a fresh almost three-week low near 1.3316 in the day, as the US Dollar (USD) outperforms amid growing expectations that the Federal Reserve (Fed) will raise interest rates this year.During press time, the US Dollar Index (DXY), which tracks the Greenback’s value against six major currencies, holds onto Friday’s gains near 100.10. US Dollar Price Last 7 Days The table below shows the percentage change of US Dollar (USD) against listed major currencies last 7 days. US Dollar was the strongest…
Before buying a prop firm challenge, look beyond the price. Reviews, payout proof, transparency, and trading rules often matter more than discounts or profit splits. Source link
Markets:WTI crude oil up $3.33 to $93.53US 10-year yields up 3 bps to 4.56%Gold down $22 to $4306EUR leads, CHF lagsS&P 500 futures up 0.2%Nikkei down 3.6%The weekend and Monday featured a full dose of Middle East drama. It started with Israeli strikes on Sunday on Beirut. That was followed by Iran on Monday firing a volley at Israel. In response, Israel struck roughly 10 targets in Iran. That’s since been followed by launches from Yemen and perhaps Iran at Israel. So far they’ve been intercepted.In between, Trump (and multiple reports) said Trump had asked Israel not to respond and…
DXY crossed 100 after May’s blowout NFP. Here’s why that round number reshapes other major assets, and what traders watch next. Source link
EUR/USD has been in selloff mode recently, but could it find buyers at this key support region. Take a look at these inflection points on the daily chart! Source link
The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, currently trades near 100.10 during the Asian trading hours on Monday. The DXY holds steady near a monthly high amid escalating tensions in the Middle East and rising bets of a Federal Reserve (Fed) rate hike. The Israel Defense Forces (IDF) said that it struck military targets in western and central Iran, hours after Iran fired a salvo of missiles at northern Israel, the BBC reported on Monday. Iranian state television reported the sound of explosions being heard in Isfahan, Tabriz…
Prelim was +2.1%Q4 was +0.8%Q/Q GDP +0.5% vs +0.3% expectedPrivate consumption +0.3% vs +0.3% prelim and 0.0% in Q4Separately, current account data for April showed a surplus of 3907B yen vs 3136B expected.Overall, this is a good report and is supportive of the yen. All eyes are on intervention today with USD/JPY above 160.00. This article was written by Adam Button at investinglive.com. Source link
Is a Major Top in on the S&P 500?The biggest S&P 500 sell-off of 2026 hit on Friday 5 June. Is this just a pullback, or a major top forming?In this update Andrew Pancholi walks through the evidence: the long-term price projections, the Fibonacci levels, and the time cycles that flagged this week's turn. From the 666 low of the 2009financial crisis to the pandemic high, the Trump tariff top, and the overbalance now showing on the daily chart — the technical case is worth examining carefully.Some uncanny measured moves are present to within one point. These are also discussed.…
NASA to wear Prada as luxury group pushes into space industry Source link
Israel kills nine in Gaza as Egypt hosts new ceasefire talks Source link