Ras Laffan’s role as the heart of Qatar’s LNG export capacity means any incident there draws immediate market attention, even when officials describe it as contained and non-structural to broader output. Energy traders are likely to watch closely for confirmation that production and loading schedules remain unaffected, given the facility’s history of disruption earlier this year. The timing, against…
British Pound rebounds as holiday-thinned trade slows USD bulls The Pound Sterling recovers some ground after reaching a three-month low on Friday at 1.3163, sponsored by the Fed’s hawkish tilt, but edges up 0.18% amid thin trading conditions due to a holiday in the US. The GBP/USD trades at 1.3226, yet it is poised to end with weekly losses of 1.25%….
Rate hikes by year-end RBNZ: 62 bps (80% probability of rate hike at the next meeting) Fed: 38 bps (40% probability of rate hike at the next meeting) ECB: 37 bps (78% probability of no change at the next meeting) BoE: 33 bps (81% probability of no change at the next meeting) BoC: 26 bps (93% probability of no…
USD/CHF extends gains on Friday even as the US Dollar (USD) eases slightly after rising to more than one-year highs. Diverging monetary policy expectations between the Federal Reserve (Fed) and the Swiss National Bank (SNB) keep demand tilted toward the US Dollar over the Swiss Franc (CHF). At the time of writing, USD/CHF trades around 0.8080, its highest level…
A quiet calendar with one loud hinge. Thursday’s U.S. Core PCE will confirm or undercut the Fed’s hawkish turn, Tuesday’s global flash PMIs give an early sentiment read, and reopened U.S.–Iran talks keep oil two-sided.
Mon: CNB Minutes (Jun), Chinese LPR, Canadian Inflation (May Tue: BCB Minutes (Jun), Global Flash PMIs (Jun), US ADP Employment Change Weekly, Richmond Fed Index (Jun) Wed: Riksbank Minutes (Jun), BoJ SOO (Jun), BoC Minutes (Jun), Holiday: Canada Provincial Holiday (Quebec), Australian Inflation (May), German Ifo (Jun), Canadian Manufacturing Sales (May) Thu: Banxico Policy Announcement, Australian Jobs (May), German…
The Swiss Franc is the weakest major into the weekly close, dragging USD/CHF to a fresh high for the year. The tidy explanation is a wartime safe-haven bid unwinding now that the US and Iran have struck a deal; the trouble is that the Franc was never much of a haven in this war. It spent the conflict on…
US Vice President J.D. Vance is in Switzerland meeting with Iranian officials in meetings mediated by Qatar: Trump empowered us to find a diplomatic solution to a host of issues The question is whether we can change relations in the Middle East permanently Iran has been a driver of regional instability We have made great progress in the past…
The USD/JPY pair trades near 161.00 on Friday, easing slightly after reaching a two-year high of 161.81 on Thursday, and breaking a five-day winning streak for the US Dollar (USD).The Japanese Yen (JPY) remains fragile as pressure mounts over a possible new intervention by authorities to strengthen the currency. Meanwhile, the US Dollar is taking a breather after the…
The votes are in. The industry’s most credible awards, the UF AWARDS GLOBAL 2026, have announced this year’s winners, recognising the best brokers, technology providers and fintech brands operating on the global stage. Following a Voting Round that concluded on 15 June, the results were revealed at the Award Ceremony held on 17 June at the City of Dreams…
