Financial and Business News
On Tuesday, EUR/SEK only dipped briefly before returning to the 10.60 level. Economists at Commerzbank
China’s May Retail Sales YoY, arrived at -6.7% vs. -7.1% expected and -11.1% previous while Industrial Production
Following the release of the May activity numbers, China’s National Bureau of Statistics (NBS) released a statement,
Could the Federal Reserve meeting be negative for the dollar? Economists at Commerzbank do not
The 0.68 level looks like the next obvious target for the aussie near-term. Nonetheless, the
GBP/USD has moved below the 1.2073/13 support zone. Subsequently, economists at Credit Suisse see broader
USD/JPY broke below 135.00 on Wednesday. Still, economists at Credit Suisse now leave room for
Cardano price shows potential for a 60% run-up to retest the weekly resistance barrier at
Bitcoin price tags the 200-weekly SMA at $22,383, suggesting the possibility of a relief rally.
Gold Price bounces off one-month low to challenge bears, grinds higher around short-term key hurdle
