Easing Middle East tensions pulled oil and Treasury yields lower on Wednesday while chipmaker weakness ahead of Micron’s earnings pressured stocks, and the dollar topped every major rival.

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A solid bounce back for jobs, albeit the bulk are part-time and not full-time. Jobless rate in line and down from April, participation rate steady. I’ll have more to come on this separately. — The jobs data follows yesterday’s CPI: Australia May CPI undershoots on headline but core inflation tops forecasts at 3.6% This article was written by Eamonn…

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EUR/JPY’s recent pullback is nearing key support, raising the question of whether buyers step in or sellers extend the move.

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The flash crash warning on speculative AI momentum names is the detail traders will focus on, not the headline target upgrade. JP Morgan is effectively signalling that the easy money in second and third-order AI plays has been made and that the risk of a sharp, fast reversal is now high enough to flag explicitly in a mid-year outlook…

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United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann keep a constructive stance on USD/SGD after five consecutive daily gains, noting overbought conditions but still expecting further upside. In the near term, they see scope for a test of 1.2980 while 1.3000 caps. On a 1–3 week horizon, the bank’s next technical target is 1.3000, provided 1.2915…

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2026.06.24 2026.06.24 US Dollar Strengthens Its Grip on Forex. Forecast as of 24.06.2026 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ Diverging economic growth and contrasting monetary policy paths remain the dominant drivers in the Forex market. EUR/USD bears are exploiting these factors. At the same time, weakness in the S&P 500 is reinforcing demand for the US dollar. Let’s analyze the situation and develop…

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USD/JPY appears to be taunting Japanese officials, as the pair keeps breaking one resistance level after another despite intervention threats. Will we see a major move soon?

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Keep an eye on the bitcoin chart as it breaks $60,000. It’s gone through that level and touched below the June 5 bottom of $59,125. This is a fresh low since September 2024. At current levels, the entire Trump 2.0 rally is already wiped out despite a host of crypto-friendly US policies. That’s a poor fundamental sign and a…

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BNY’s Geoff Yu highlights that IMM volume is concentrated in commodity currencies, with AUD, NZD and NOK leading recent adjustments. NOK and CAD are seeing outflows linked to Oil sensitivity and modest Norges Bank tightening expectations, while NZD and AUD have underperformed since May. BNY sees scope for non‑energy commodity currencies to outperform, but prefers relative-value trades while Dollar…

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