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…

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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…

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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…

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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…

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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…

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The New Zealand Dollar (NZD) dives for the third consecutive day on Friday, down in the week by over 1.48%, after hitting two-month lows of 0.5722 against the Greenback. The NZD/USD pair trades at 0.5738, down 0.25% on the day. NZD/USD Price Forecast: Technical outlook After the Reserve Bank of New Zealand’s (RBNZ) hawkish tilt, NZD/USD rose from around…

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It’s been a very light session with no major data or news releases. The markets were also pretty calm with things expected to die down further during the NA session due to the US holiday. As a reminder, the US stock market and bond market will be closed and will resume trading on Monday. Futures markets typically halt or…

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Gold (XAU/USD) price edges lower by some 1.69% on Friday, poised to end with losses for the third consecutive week.At the time of writing, XAU/USD trades at $4,147, weighed by overall US Dollar strength sparked by the Federal Reserve’s (Fed) decision to keep interest rates higher for longer. XAU/USD falls as Dollar strength, rising US yields bite A risk-on…

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Prior was +0.9% The advanced April reading was +0.6% April retail sales ex autos +0.1% vs +0.7% expected Prior ex autos +1.4% (revised to +1.2%) Sales were up in five of nine subsectors Core sales excluding gas stations were down 0.7% Advanced May sales +1.0% This is a poor report and highlights how hard gasoline price rises bit in…

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AUD/USD trades little changed on Friday as hawkish policy signals from both the Federal Reserve (Fed) and the Reserve Bank of Australia (RBA) offset each other, keeping the pair range-bound despite a modest pullback in the US Dollar (USD). At the time of writing, the pair trades around 0.7011 and remains on track for a weekly loss. Earlier this…

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