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British Pound wavers following overshot UK inflation data, higher public debt
The British Pound (GBP) wavered against the US Dollar (USD) on Wednesday following the release of st...
The Top 15 Stocks in the S&P 500 Are Now 47% of the Value. In 2000 Bubble, It Was 27%
The top 15 stocks now hold a record 46.7% of the S&P 500, far above the 27.2% share during the 2000 ...
Euro extends downfall against US Dollar amid firm Fed hike bets
The Euro (EUR) extends its losing streak against the US Dollar (USD) for the third trading day on Wednesday, trading 0.25% lower at around 1.1350 during the European session.
Australian Dollar: Sharp selloff opens 0.6835 risk against US Dollar – UOB
United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann highlight an abrupt 1.22% plunge in AUD/USD to 0.6908, leaving the pair deeply oversold but still biased lower. Intraday, they see potential ...
WTI Oil drifts below $72.00 as Iran eases the grip on the Strait of Hormuz
Crude Oil prices keep trending lower, with the US benchmark West Texas Intermediate (WTI) barrel extending its decline below the $72.00 line on Wednesday, and reaching its lowest level since the UA an ...
US Dollar: Safe-haven bid and Fed support – ING
ING’s Francesco Pesole notes that the US Dollar (USD) is benefiting from equity market turmoil and hawkish Federal Reserve (Fed) commentary, with safe-haven demand reinforcing its strength.
Germany’s IFO Business Climate Index improves to 85.6 in June, as expected
The German IFO Institute Business Climate Index improves to 85.6 in June, as expected, from 85.0 in May, revised higher from 84.9.
Germany IFO – Expectations registered at 84.1, below expectations (85) in June
Germany IFO – Expectations registered at 84.1, below expectations (85) in June
Germany IFO – Current Assessment came in at 87, above expectations (86.4) in June
Germany IFO – Current Assessment came in at 87, above expectations (86.4) in June
Germany IFO – Business Climate in line with forecasts (85.6) in June
Germany IFO – Business Climate in line with forecasts (85.6) in June
Switzerland ZEW Survey – Expectations: -25 (June) vs previous -11.1
Switzerland ZEW Survey – Expectations: -25 (June) vs previous -11.1
US equities: Tech-led setback weighs on indexes – Deutsche Bank
Deutsche Bank strategists note that United States (US) equities experienced a classic risk-off session, with major indexes pressured by a sharp sell-off in chipmakers. The NASDAQ dropped more than the ...
Silver Price Forecast: XAG/USD rebounds toward $62.00 after hitting fresh six-month lows
XAG/USD holds ground after registering over 5% losses in the previous day, trading around $61.70 per troy ounce during the European hours on Wednesday.
Forex Today: US Dollar extends rally to fresh 13-month high
Here is what you need to know on Wednesday, June 24: