Investors await June Eurozone PMI data and ECB President Lagarde’s comments for clues on growth and monetary policy. EUR/JPY climbed 0.16% to near 185.30 on Monday as markets focused on upcoming Eurozone PMI releases and European Central Bank communications. The preliminar
World Cup. 4 AIs. $20 each. Jun 22 Consensus says Argentina and France are the clean favorites But the real edge might be in the uncomfortable spots: - Norway/Senegal turning into a goals game - Senegal needing a result after losing to France - Jordan/Algeria surviv
XAG/USD climbs to $66.33 per ounce, recovering from Friday’s $64.84 close amid a narrowing gold-silver ratio. Silver prices rose 2.3% to $66.33 per troy ounce on Monday, reversing part of last week’s decline. The move followed a drop in the gold-silver ratio to 63.40 from
LONDON, June 22 The dollar held firm on Monday as the first round of U.S.-Iran talks fuelled investor optimism for a deal, while the yen was stuck near 40-year lows and the pound slipped after UK Prime Minister Keir Starmer said he would resign. Mediating nations Qatar and
The British Pound climbed above 1.3200 USD after Keir Starmer stepped down as UK Prime Minister and Labour leader. The British Pound (GBP) traded above 1.3200 against the US Dollar (USD) on Monday, extending modest gains despite political uncertainty. The move followed the
The British Pound (GBP) nudged up above 1.3200 against the US Dollar (USD) on Monday and maintains a mild positive tone, despite news that Sir Keir Starmer resigned as Prime Minister of the United Kingdom and Leader of the Labour Party. Starmer appeared outside 10 Downing
EuroCommerce argues AI-generated ads for product showcases should not require mandatory labeling under upcoming EU AI Act rules. European retail association EuroCommerce has requested an exemption for certain AI-generated advertisements from the EU’s new AI disclosure requ
AUD strengthens against JPY due to carry-trades The Australian Dollar has strengthened against the Japanese Yen due to carry-trades. The AUD/JPY currency cross remains heavily bid as the Japanese Yen continues to lose ground. The currency pair traded around
Investors pile into short-Yen positions amid persistent rate differentials, despite Tokyo’s warnings on currency volatility. The Australian Dollar holds near 113.10 against the Japanese Yen in European trading, supported by sustained carry-trade demand. The JPY remains und
Analysts forecast a mild downside bias for the Australian dollar against the US dollar, targeting 0.6980 unless resistance at 0.7045 breaks. United Overseas Bank analysts maintain a negative outlook on AUD/USD, citing a slight increase in downward momentum despite recent c
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