EURUSD – recovery faces headwinds from 10DMA / fading ECB hike prospects
Recovery leg from 1.1324 (2026 low, posted last week) started to lose traction, as better than expected inflation numbers from some EU member countries (Germany, France, Italy) cooled expectations for ECB rate hike.
Markets wait for the…
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Yen falls to a four-decade low as Japan’s authorities hold intervention but keep strong…
Japanese yen continues to weaken against the US dollar, as the US currency remains well supported by growing Fed rate hike expectations, while lack of real action from Japanese authorities to support their currency (intervention rhetoric…
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BTCUSD – 60K barrier limits recovery attempts as larger bears hold grip
BTCUSD falls below 60K mark after another failure to extend recovery from new 2026 low (57992) and register firm break above psychological barrier.
Near-term structure (hourly chart) showed some signs of strengthening that boosted…
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USD Index – limited correction to precede fresh push higher
The dollar extends its gradual easing from new one-year high, with dips being so far limited (Friday’s long-tailed daily candle signals still strong bids).
End of month / quarter prompts some profit-taking as dollar rallied for two…
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USDJPY eases from new high, traders remain cautious of intervention risk
USDJPY was a tad lower on Friday but remains close to new peak at 161.95 (Thursday / 3 July 2025) and in the zone where Japanese authorities may intervene.
Profit-taking at the end of the week and on overbought daily studies was mainly…
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GOLD – bears pause at significant $4000 support
Gold price ticks higher on Friday after repeated failure to register clear break of psychological $4000 support.
The metal is on track for the fourth consecutive weekly loss, pressured by stronger dollar on growing expectations that Fed…
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US inflation rises above 4% and adds to Fed rate hike bets – PCE
The US personal consumption expenditures price index (PCE), Fed’s preferred inflation gauge, rose 4.1% y/y in May from unrevised 3.8% previous month, in line with expectations.
May’s figure shows the largest increase and the first break…
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Brent oil falls to pre-war levels as supply normalization provides relief
Brent oil price hit pre-war levels (last traded on February 27) in early Thursday’s trading, as re-opening of Hormuz strait (20 million barrels passed through only yesterday) provides strong relief and continues to deflate oil prices.…
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AUDUSD slides further as Fed rate hike hopes continue to boost dollar
Steep bear-leg from 0.7000 zone extends into second consecutive day and hits the lowest levels since early April, as the Aussie dollar came under increased pressure from stronger dollar, driven by expectations that Fed may start tightening…
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US Dollar continues to ride on the wave of optimism about Fed rate hike
The dollar continues to trend higher and hit highest levels in over one year on Wednesday, moving in a steep bull-leg that extends into sixth consecutive day.
Growing bets of Fed rate hike (currently at 72% for September rate hike vs 45%…
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