Author: FX
Canada’s GDP rose 0.5% in April 2026, beating forecasts, but an oil-driven rebound and a weak May estimate raise doubts about momentum. Source link
The Euro (EUR) stages a rebound against the US Dollar (USD) on Tuesday as month-end repositioning weighs modestly on the Greenback, limiting support from upbeat US economic data. At the time of writing, EUR/USD trades around 1.1415 after hitting an intraday low of 1.1382.US JOLTS Job Openings rose to 7.594 million in May from April’s revised 7.585 million, beating market expectations of 7.3 million.Meanwhile, the Conference Board’s Consumer Confidence Index rose to 91.2 in June from a downwardly revised 90.6 in May. The reading fell short of economists’ expectations of 94.7, according to a Reuters poll.The US Dollar Index (DXY),…
Justin Sullivan/Getty Images NewsFord (F) issued a new recall of nearly three-quarters of a million vehicles over a transmission defect that could enable the car to roll while in park, according to a notice with the U.S. National Highway Traffic Safety Administration. The recall Source link
Prior +2.6%HICP +2.4% vs +2.5% y/y expectedPrior +2.7%Core CPI Y/Y +2.5% vs 2.5% priorFull report hereThe inflation rate in Germany is expected to be +2.3% in June 2026. Based on the results available so far, the Federal Statistical Office (Destatis) also reports that consumer prices decreased by 0.3% on May 2026. The inflation rate excluding food and energy, often referred to as core inflation, is expected to stand at +2.5% in June 2026 vs 2.5% the prior month. Energy prices are expected to be up 3.4% on the same month of the previous year. The rise in energy prices therefore…
Crude Oil prices remain flat for the second consecutive day this week, with the price of the US benchmark West Texas Intermediate (WTI) barrel stuck at the $70.00 area. The uncertainty surrounding the US-Iran conflict and this weekend’s skirmishes have failed to deter investors from betting on a negotiated end of it, which is keeping Crude Oil at pre-war levels.News from Iran, however, remains confusing. US President Donald Trump said on Monday that Tehran requested a meeting, following a round of reciprocal attacks over the weekend. Iran’s Foreign Ministry has denied any plan to meet US negotiators this week but…
Jun 30, 2026, 5:56 AM ETiShares Bitcoin Trust ETF (IBIT), GBTC, FBTC, ARKB, BITB, HODL, BTCO, EZBC, BTCW, BRRR, BLOK, BITQ, BKCH, DAPP, CRPT, IBLC, BTC-USD CryptoMSTRBy: Preeti Singh, SA News EditorVelishchuk/iStock via Getty ImagesU.S. spot bitcoin ETFs recorded net outflows of approximately $231.1M on Monday, according to data from SoSoValue. BlackRock’s iShares Bitcoin Trust ETF (IBIT) led the withdrawals with $300.4M in outflows, partially offset by inflows of ~$50M into ARK 21Shares Bitcoin ETF ( Source link
The Japanese yen just sank to its weakest level against the U.S. dollar since December 1986! USD/JPY pushed through 162.00 during Tuesday’s Asian session, reaching a level last seen when the Cold War was still in its final stretch. For traders, the real question now isn’t why the yen is this weak. It’s when Japan steps back in, and what that could do to USD/JPY if it does. Source link
The Jbr Trend Indicator MT4 was built to help reduce that confusion. Instead of reacting to every price movement, it focuses on identifying the broader trend direction and filtering out weaker signals. For traders who get caught in market chop or hesitate during trend formation, tools like this can add structure to the decision process.No indicator removes uncertainty completely, but understanding how a trend tool works can improve timing and reduce unnecessary trades. The sections below explain how the Jbr Trend Indicator MT4 functions, where it performs best, and how traders can apply it in real market conditions.What Is the…
CPI +1.8% vs +2.1% y/y expectedPrior +2.4%HICP +2.0% vs +2.3% y/y expectedPrior +2.8%Well, it’s good news all around as French headline annual inflation is indicated to fall back below 2% in June. That should at least help to ease some of the pressure on the ECB to want to act in July, affording them some flexibility until after the summer.The details show that energy prices fell back significantly, leading to a drag on the month even as they remain relatively high on the year-on-year metric. That said, even the latter is down from +16.6% in May to +11.2% in June…
Gold prices fell in Saudi Arabia on Tuesday, according to data compiled by FXStreet.The price for Gold stood at 481.36 Saudi Riyals (SAR) per gram, down compared with the SAR 484.91 it cost on Monday.The price for Gold decreased to SAR 5,615.16 per tola from SAR 5,655.93 per tola a day earlier.Unit measureGold Price in SAR1 Gram481.3610 Grams4,814.05Tola5,615.16Troy Ounce14,971.49FXStreet calculates Gold prices in Saudi Arabia by adapting international prices (USD/SAR) to the local currency and measurement units. Prices are updated daily based on the market rates taken at the time of publication. Prices are just for reference and local rates…