Analysts see potential for the British pound to retest 1.3435 against the US dollar after a recent surge to 1.3434. The British pound has extended its rally against the US dollar, reaching 1.3434, a level that analysts describe as stretched but not yet exhausted. Further g
UOB analysts expect GBP/USD to trade in a 1.3340–1.3465 range over 1-3 weeks, with momentum insufficient for a sustained breakout. GBP/USD rose to 1.3434, stretching short-term conditions but remaining below key resistance at 1.3465. UOB analysts note the pair’s upward mom
The European Central Bank lifted rates by 25 basis points, signaling another increase likely next quarter amid persistent inflation risks. The European Central Bank increased its deposit rate by 25 basis points to 2.25% at its June meeting, matching market expectations. Th
Online funding platforms enforce strict risk filters The online funding sector is heading towards a $10 billion valuation. Online risk evaluation systems on platforms enforce strict automated risk liquidations to protect their capitalization pools. Corporate
Trump claims final points of a potential Iran deal are approved, but Iranian officials deny agreement, keeping markets cautious. US President Trump stated that final points of a proposed Iran deal have been approved by all parties, with a signing expected shortly. The anno
GBP/USD trades around 1.3415 The GBP/USD pair is trading on a flat note during early European hours. The pair is capped below the key 100-day Simple Moving Average. Traders are waiting for the release of the monthly UK Gross Domestic Product
The currency pair rises 0.25% to 160.25-160.30 as Middle East tensions and Fed policy expectations weigh on the JPY. The USD/JPY pair climbed to 160.25-160.30 during Asian trading, up nearly 0.25% for the day, as geopolitical tensions in the Middle East and hawkish Federal
Iran deal optimism boosts equities The PBOC set the USD/CNY reference rate at 6.8109. The rate was higher than the estimated 6.7640. Japan's Nikkei share index rose more than 4% on the news.
XAU/USD retreats from $4,247 as mixed Iran signals and Fed rate hike bets lift the US Dollar. Gold prices eased on Thursday, reversing a brief uptick to the $4,246-$4,247 range as demand for the safe-haven USD strengthened. Mixed signals from the US and Iran over a potenti
The currency pair declines modestly amid a rebound in the US Dollar Index following geopolitical de-escalation and ECB rate hike. The EUR/USD pair fell to 1.1567 in European trading on Friday, retreating as the US Dollar Index (DXY) climbed 0.13% to near 99.80. The Greenba
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