GBP/CAD just threw down a big red candlestick after tagging new 2025 highs! Is this just a breather or the start of a longer-term downswing? We’re eyeing a major support zone that could decide whether the bulls step back in or call it a day. GBP/CAD Daily Forex Chart by TradingView Sterling slipped across the board after traders started…
Need to wait for US tariffs impact to become clearer Domestic factors show Japan’s economy making progress towards price target But external factors are applying huge stress to that goal US tariffs have yet to derail Japanese firms’ activity but there are risks it could falter Want to scrutinise those developments first before considering policy changes There’s nothing new…
WTI Crude trades in a tight range near $64.50, consolidating after a sharp drop triggered by the Iran–Israel ceasefire. Geopolitical risk premiums unwind, with traders cautious ahead of the July 6 OPEC+ meeting. The EIA report is due later on Wednesday, last week’s 3.5 million barrel draw was smaller than expected. West Texas Intermediate (WTI) Crude Oil continues to…
Gold has been forming lower highs and higher lows, consolidating inside a fresh triangle pattern and bouncing off support. Can it go for a breakout soon? Check out these nearby support and resistance levels on the 4-hour time frame. Gold (XAU/USD) 4-hour Forex Chart by TradingView Shifting market sentiment and dollar trends have been pulling this precious metal in…
Tryon to keep track of all the political wheeling and ealing is challengins. The House is voting and the vote is going on for a long time. All 216 Democrats voted ‘No’. 4 Republicans said they’d vote No also. 207 Republicans have voted Yes. There are still 9 Republicans yet to vote. Doing the sums it appears the best…
Singapore Manufacturing PMI: 50 (June) vs 49.7
Japan Jibun bank PMIs for June 2025, final. Services 51.7, a third consecutive month of growth preliminary 51.5, prior 51.0 More: business confidence improving to a four-month high new order growth accelerated slightly from May increase in new export business, generally attributed to tourist activities, decelerated to the slowest since December employment grew at the fastest pace since January…
GBP/JPY stays under strong selling pressure and trades below 196.00 on Wednesday. UK gilt selloff weighs on Pound Sterling. UK Prime Minister Keir Starmer refused to confirm that finance minister Rachel Reeves will remain in her position. Pound Sterling stays under heavy selling pressure on Wednesday as markets assess the latest political developments in the UK. At the time…
A plane went down Wednesday afternoon in Monroe Township in Gloucester County near the Cross Keys Airport, officials said. more to come No further details as yet Here we go, more: Numerous people injured says ABC media This article was written by Eamonn Sheridan at www.forexlive.com.
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