UK’s Zahawi: No time to be complacent on growth
British finance minister Nadhim Zahawi applauded the stronger-than-expected UK GDP data for May. The economy
USD/JPY: Further upside remains in the pipeline – UOB
Further upside to the 138.00/500 area looks increasingly likely in USD/JPY in the next weeks,
USD/CAD: Loonie to remain well-supported unless BoC places any doubt on market pricing – MUFG
Today we will have the policy announcement from the Bank of Canada (BoC). The Canadian
RBNZ to hike the OCR by 50bps again at next month’s meeting – TDS
The Reserve Bank of New Zealand (RBNZ) increased its Official Cash Rate (OCR) by 50
Crude Oil Futures: Downside bias could be losing momentum
Considering advanced prints from CME Group for crude oil futures markets, open interest shrank for
EUR/GBP breaks below 200-DMA support and drops to two-month low, around 0.8400 mark
EUR/GBP broke below the 200-DMA and dropped to a two-month low on Wednesday. Recession fears
AUD/USD: A break below 0.6700 looks likely – UOB
Further downside carries the potential to force AUD/USD to breach the 0.6700 level in the
Ethereum price repeats history due to these two hurdles
Ethereum price has breached a stable support level at $1,080, after exhausting its uptrend. A
US June CPI Preview: Dollar rally could lose steam on soft inflation data
Annual CPI in the US is forecast to rise to 8.8% in June. Markets are
Blacklist Alert: UK FCA Warns Against 6 Unauthorized FX Brokers
CFDs and cryptoassets. Some of these scam firms claim to be based in the