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USD/JPY: US and JP inflation data tomorrow – OCBC
USD/JPY: US and JP inflation data tomorrow – OCBC
Shorts in USD/JPY continued to get squeezed, from month-end USD buy flows to US trade court’s ruling on Trump tariffs partially helped to restore some credibility to the system, which has been undermined by the unpredictability of Trump’s tariffs.
USDJPY
Technical Analysis
Banks
BOJ
Japan
LME Copper inventories fall to fresh low – ING
LME Copper inventories fall to fresh low – ING
Copper inventories on the LME fell to the lowest level in almost two years, with withdrawals continuing at warehouses in Rotterdam. Thousands of tonnes of Copper have been withdrawn over the past few trading sessions, with Glencore the key trader behind these requests.
Metals
Copper
Banks
China
DXY: Trump tariffs challenged – OCBC
DXY: Trump tariffs challenged – OCBC
US Dollar's (USD’s) rebound found momentum from a US court ruling, saying that Trump’s unilateral imposition of 'Liberation Day tariffs' under the International Emergency Economic Powers Act (IEEPA) is invalid.
DollarIndex
Banks
Technical Analysis
US Elections
Silver price today: Silver rises, according to FXStreet data
Silver price today: Silver rises, according to FXStreet data
Silver prices (XAG/USD) rose on Thursday, according to FXStreet data.
Silver
Commodities
Metals
Futu’s Q1 Revenue Receives Massive Boost as Trading Volume Skyrockets
Futu’s Q1 Revenue Receives Massive Boost as Trading Volume Skyrockets
News Discussion Forum
By Finance Magnates
Futu’s Q1 Revenue Receives Massive Boost as Trading Volume Skyrockets
US-listed Futu (Nasdaq: FUTU), which operates an online brokerage platform, closed the first quarter of 2025 with an 81.1 per cent year-on-year increase in revenue to US$603.
New Zealand: RBNZ slashes OCR by 25 bps – UOB Group
New Zealand: RBNZ slashes OCR by 25 bps – UOB Group
As widely expected, the Reserve Bank of New Zealand (RBNZ) decided to lower the Official Cash Rate (OCR) for a sixth straight meeting by 25bps to 3.25%.
Banks
RBNZ
CentralBanks
NewZealand
InterestRate
Cheatsheet on how Trump could sidestep the US court ruling and implement tariffs - MUFG
Cheatsheet on how Trump could sidestep the US court ruling and implement tariffs - MUFG
MUFG made a nice cheatsheet on the range of possible acts that Trump could use to implement tariffs
market overview
EUR: A leg to the downside – ING
EUR: A leg to the downside – ING
EUR/USD is understandably lower on the US tariff news in that it slightly re-appraises US growth prospects and the risk premium attached to the US Dollar (USD), ING's FX analyst Chris Turner notes.
EURUSD
Banks
Technical Analysis
NZD/USD Price Forecast: Finds support at 0.5950 near nine-day EMA
NZD/USD Price Forecast: Finds support at 0.5950 near nine-day EMA
NZD/USD is trading around 0.5960 during the European hours on Thursday. The pair has trimmed its daily losses as a market bias remains neutral.
NZDUSD
Technical Analysis
Majors
EURUSD breaks below the key support and comes back to retest it. Now what?
EURUSD breaks below the key support and comes back to retest it. Now what?
The EURUSD pair fell below the key support zone overnight on the US court ruling news but almost all the drop got erased soon after. What's next?
EUR
USD
EUR/USD: Interim downside pressure – OCBC
EUR/USD: Interim downside pressure – OCBC
Euro (EUR) continued to drift lower amid broad US Dollar (USD) rebound. Pair was last at 1.1250 levels, OCBC's FX analysts Frances Cheung and Christopher Wong note.
EURUSD
Banks
Technical Analysis
Oil: Sentiment improves for now – ING
Oil: Sentiment improves for now – ING
Oil markets strengthened yesterday as sanction risks against Russia increase, while the market appears to be losing hope that we’ll see a nuclear deal between the US and Iran. This might’ve led to the eventual lifting of oil sanctions.
Oil
Banks
Energy
OPEC
WTI rallies further, approaching $63.00 boosted by a ban on tariffs
WTI rallies further, approaching $63.00 boosted by a ban on tariffs
WTI Oil prices accelerated their recovery on Thursday, as a US court ruling against Trump’s tariffs boosted hopes for some normalisation in global trade, which will support crude demand.The US Court for International Trade ruled on Wednesday that Trump’s unilateral trade tariffs overstep the US Cong
WTI
Oil
Commodities
EUR/USD must first close below 1.1200 to continue falling – UOB Group
EUR/USD must first close below 1.1200 to continue falling – UOB Group
Further weakness is not ruled out; it is unclear whether Euro (EUR) can break and hold below 1.1200 against US Dollar (USD). In the longer run, to continue to decline, EUR must first close below 1.1200, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
Technical Analysis
EURUSD
Banks
How High Can Nvidia Stock Price Go? Strong NVDA Earnings and New $185 Share Predictions
How High Can Nvidia Stock Price Go? Strong NVDA Earnings and New $185 Share Predictions
News Discussion Forum
By Finance Magnates
How High Can Nvidia Stock Price Go? Strong NVDA Earnings and New $185 Share Predictions
NVIDIA News: NVIDIA stock price after NVDA reports record Q1 revenue of $44.1B despite a $4.5B China export hit. Analysts raise price targets to $185 as AI chip demand drives strong growth.
nvidia
NVIDIA Stock Price
Pound Sterling gains as US court dismisses Trump’s tariff policy
Pound Sterling gains as US court dismisses Trump’s tariff policy
The Pound Sterling (GBP) recovers from early losses against the US Dollar (USD) and reclaims the key level of 1.3500 during North American trading hours on Thursday.
GBPUSD
BOE
UnitedKingdom
SEO
UnitedStates
AUD/JPY maintains position above 93.50 due to risk-on sentiment
AUD/JPY maintains position above 93.50 due to risk-on sentiment
AUD/JPY continues its winning streak for the fifth successive day, trading around 93.60 during the European hours on Thursday.
AUDJPY
Crosses
Macroeconomics
Australia
Japan
USD/CHF Price Forecast: Retraces to near 0.8300
USD/CHF Price Forecast: Retraces to near 0.8300
The USD/CHF pair gives up a significant part of its initial gains and falls below 0.8300 during European trading hours on Thursday, from the intraday high of 0.8348. Still, the Swiss Franc pair is 0.35% higher around 0.83000.
USDCHF
DollarIndex
UnitedStates
SNB
SupportResistance
EUR/USD returns to levels near 1.1300 as USD strength fades
EUR/USD returns to levels near 1.1300 as USD strength fades
EUR/USD is trading with moderate losses, around 1.1285 at the time of writing, after bouncing up from 1.1213 lows.
Fundamental Analysis
EURUSD
Technical Analysis
SEO
Levels
FMAS:25 Kicks Off in Cape Town, Highlighting Opportunities in Trading, Fintech, and Crypto
FMAS:25 Kicks Off in Cape Town, Highlighting Opportunities in Trading, Fintech, and Crypto
News Discussion Forum
By Finance Magnates
FMAS:25 Kicks Off in Cape Town, Highlighting Opportunities in Trading, Fintech, and Crypto
The Finance Magnates Africa Summit (FMAS:25) is now underway in Cape Town, marking the first time the event is being held in the town.
FMAS:25
FMevents
events
South Africa
retail
Chinese Commerce Ministry: China, US have maintained communications
Chinese Commerce Ministry: China, US have maintained communications
Chinese Commerce Ministry said in a statement on Thursday, “China and US have used multilateral and bilateral occasions to maintain communications at various levels.”
China
UnitedStates
AUDUSD
TradeWar
USD/CAD trades near 1.3800 after pulling back from weekly highs as Oil prices rise
USD/CAD trades near 1.3800 after pulling back from weekly highs as Oil prices rise
USD/CAD loses ground after registering gains in the previous two consecutive sessions, trading around 1.3820 during the European hours on Thursday. The pair depreciates as the commodity-linked Canadian Dollar (CAD) receives support from improved crude Oil prices.
USDCAD
Oil
Macroeconomics
Majors
Canada
Why Is Ethereum Price Up Today? ETH Surges for the 7th Day, with Newest Predictions Suggesting a 120% Jump
Why Is Ethereum Price Up Today? ETH Surges for the 7th Day, with Newest Predictions Suggesting a 120% Jump
News Discussion Forum
By Finance Magnates
Why Is Ethereum Price Up Today? ETH Surges for the 7th Day, with Newest Predictions Suggesting a 120% Jump
Ethereum News: Ethereum hits 3-month high and price prediction reveals potential $3,000 breakout in May 2025. Latest ETH news shows bullish momentum with institutional backing driving prices higher.
Ethereum
ETH
Ether
Ethereum News
Ethereum Price
Silver Price Forecast: XAG/USD is forming a descending triangle with support at $32.60
Silver Price Forecast: XAG/USD is forming a descending triangle with support at $32.60
Silver prices (XAG/USD) are showing moderate gains on Thursday, after bouncing up from the support area, at $32.60-32.70 but the broader picture remains mixed with price action contained within recent ranges.The fundamental background is unsupportive today.
XAGUSD
Silver
Technical Analysis
Commodities
Metals
Interactive Brokers UK’s 2024 Revenue Pushed Higher with 142% Client Account Increase
Interactive Brokers UK’s 2024 Revenue Pushed Higher with 142% Client Account Increase
News Discussion Forum
By Finance Magnates
Interactive Brokers UK’s 2024 Revenue Pushed Higher with 142% Client Account Increase
The UK unit of Interactive Brokers witnessed a 142 per cent increase in client accounts in 2024, rising to 64,146 from the previous year’s 26,539, according to the latest Companies House filing.
Interactive Brokers
European indices hold higher to start the day
European indices hold higher to start the day
Markets are optimistic about the latest tariff developments
Scope Prime Wants to Exploit Gap Left by IG in South Africa and Adds JSE CFDs
Scope Prime Wants to Exploit Gap Left by IG in South Africa and Adds JSE CFDs
News Discussion Forum
By Finance Magnates
Scope Prime Wants to Exploit Gap Left by IG in South Africa and Adds JSE CFDs
Scope Prime has expanded its CFDs offerings in South Africa to include equities and exchange-traded funds listed on the Johannesburg Stock Exchange (JSE), positioning itself against competitors who...
Scope Prime
South Africa
SAR
Forex Today: Risk flows dominate markets ahead of US data
Forex Today: Risk flows dominate markets ahead of US data
Here is what you need to know on Thursday, May 29:
Majors
Macroeconomics
Currencies
Commodities
EconomicIndicator
Kiwis Want High Returns But 70% Keep Cash Under the Mattress
Kiwis Want High Returns But 70% Keep Cash Under the Mattress
News Discussion Forum
By Finance Magnates
Kiwis Want High Returns But 70% Keep Cash Under the Mattress
A new study by New Zealand's Financial Markets Authority ( FMA ) has uncovered significant gaps between what New Zealanders say they want from investments and how they actually allocate their money...
fma
New Zealand's FMA
report
EUR/GBP weakens below 0.8400 amid prospect of ECB rate cuts  
EUR/GBP weakens below 0.8400 amid prospect of ECB rate cuts  
The EUR/GBP cross remains under selling pressure around 0.8375 during the early European session on Thursday. The Euro (EUR) weakens against the Pound Sterling (GBP) due to weak Eurozone data. Later on Thursday, Bank of England (BoE) Deputy Governor Sarah Breeden is set to speak.
EURGBP
Crosses
Macroeconomics
Gold Technical Analysis – Stuck in a consolidation awaiting a breakout
Gold Technical Analysis – Stuck in a consolidation awaiting a breakout
Gold continues to consolidate between two key trendlines as the market awaits catalysts to trigger a breakout
Gold Futures Analysis Today: Range Strategy & Contract Switch (May 29, 2025)
Gold Futures Analysis Today: Range Strategy & Contract Switch (May 29, 2025)
Post Nvidia's earnings last night: Gold futures analysis and price outlook for May 29, 2025. tradeCompass identifies key levels, contract switch insights, and trade setups for gold traders. tradeCompass methodology favors range-bound tactics, here's how.
Gold
TradeCompass
iSAM Securities Opens Limassol Office to Support Retail Trading Infrastructure
iSAM Securities Opens Limassol Office to Support Retail Trading Infrastructure
News Discussion Forum
By Finance Magnates
iSAM Securities Opens Limassol Office to Support Retail Trading Infrastructure
iSAM Securities has opened a new office in Limassol, Cyprus. The company provides institutional liquidity and trading technology to clients globally.
ISAM
iSAM Securities
retail
retail FX
What are the main events for today?
What are the main events for today?
The highlights include the US Jobless Claims and a few Fed speakers. Keep also an eye for news on the tariffs front after today's court ruling.
market overview
Japan’s Trade Negotiator Akazawa: Want to meet with Bessent for ministerial talks
Japan’s Trade Negotiator Akazawa: Want to meet with Bessent for ministerial talks
Japan’s Chief Trade Negotiator and Economy Minister Ryosei Akazawa said on Thursday that he “wants to meet with US Treasury Secretary Scott Bessent this time” to conduct ministerial talks.
Japan
USDJPY
UnitedStates
TradeWar
Crude Oil price today: WTI price bullish at European opening
Crude Oil price today: WTI price bullish at European opening
West Texas Intermediate (WTI) Oil price advances on Thursday, early in the European session. WTI trades at $62.64 per barrel, up from Wednesday’s close at $61.62.
Oil
WTI
Commodities
Bullish
Eurostoxx futures +1.1% in early European trading
Eurostoxx futures +1.1% in early European trading
A more buoyant mood as Trump's reciprocal tariffs hit a snag