WTI eases amid a stronger USD, but remains close to $63.00
WTI eases amid a stronger USD, but remains close to $63.00
Oil has been trimming some gains over the last sessions, weighed by a stronger US Dollar, but it remains close to the six-week highs above $63.00 reached on Tuesday.
Commodities
Oil
WTI
Spain May services PMI 51.3 vs 52.8 expected
Spain May services PMI 51.3 vs 52.8 expected
Latest data released by HCOB - 4 June 2025
European indices marked higher at the open today
European indices marked higher at the open today
The positive run continues after the gains yesterday
Stocks
Interactive Brokers Expands Election Forecast Trading and Boosts Cash Protection for Clients
Interactive Brokers Expands Election Forecast Trading and Boosts Cash Protection for Clients
News Discussion Forum
By Finance Magnates
Interactive Brokers Expands Election Forecast Trading and Boosts Cash Protection for Clients
The US-based arm of Interactive Brokers (NASDAQ: IBKR ) has rolled out two significant updates for its clients, introducing expanded access to election forecast trading and enhancing protection for...
Interactive Brokers
IBKR
event contracts
Binary event contracts
insurance
USDJPY Technical Analysis – Awaiting the key US data
USDJPY Technical Analysis – Awaiting the key US data
The USDJPY pair is mostly ranging near the recent lows as the market awaits the key US data releases to pick a direction
JPY
USD
Sterling Trading Tech Debuts 24/5 US Shares Trading for Retail Investors
Sterling Trading Tech Debuts 24/5 US Shares Trading for Retail Investors
News Discussion Forum
By Finance Magnates
Sterling Trading Tech Debuts 24/5 US Shares Trading for Retail Investors
Sterling Trading Tech has introduced overnight global trading for most Wall Street-listed shares, allowing retail and institutional clients to access US stocks 24 hours a day, 5 days a week.
sterling
24/7
wall street
EUR/JPY gains traction above 163.50 amid risk-on sentiment 
EUR/JPY gains traction above 163.50 amid risk-on sentiment 
The EUR/JPY cross gains ground to near 163.80 during the early European session on Wednesday. The Japanese Yen (JPY) weakens against the Euro (EUR) due to the cautious remarks from the Bank of Japan (BoJ) Governor Kazuo Ueda and the improved risk sentiment.
EURJPY
Crosses
Macroeconomics
ECB
US President Trump: Very tough, extremely hard to make a deal with China’s Xi
US President Trump: Very tough, extremely hard to make a deal with China’s Xi
In his latest post on Truth Social, US President Donald Trump said that "I like President Xi of China, always have, and always will, but he is VERY TOUGH, AND EXTREMELY HARD TO MAKE A DEAL WITH!!!"
China
UnitedStates
DollarIndex
TradeWar
Dubai Regulator DFSA Names Former FAB and ADGM Exec as Chief Operating Officer
Dubai Regulator DFSA Names Former FAB and ADGM Exec as Chief Operating Officer
News Discussion Forum
By Finance Magnates
Dubai Regulator DFSA Names Former FAB and ADGM Exec as Chief Operating Officer
The Dubai Financial Services Authority ( DFSA ) has appointed Juma Thani Alhameli as its new Chief Operating Officer (COO), effective June 10, 2025.
dfsa
dubai
Trump says it is extremely hard to make a deal with Xi
Trump says it is extremely hard to make a deal with Xi
US president Trump comments on Truth Social
Politics
New Russian Law Forces Local Forex Brokers to End Support on Telegram
New Russian Law Forces Local Forex Brokers to End Support on Telegram
News Discussion Forum
By Finance Magnates
New Russian Law Forces Local Forex Brokers to End Support on Telegram
Regulated forex brokers in Russia have ceased offering customer support via the messaging platform Telegram, following the enforcement of a new federal law at the beginning of June.
Russia
telegram
What are the main events for today?
What are the main events for today?
The highlights include the US ADP, the US ISM Services PMI and the BoC Policy Announcement
market overview
USD/CHF holds ground near 0.8250 following Trump tariffs implementation
USD/CHF holds ground near 0.8250 following Trump tariffs implementation
USD/CHF remains stronger for the second successive session, trading around 0.8240 during the Asian hours on Wednesday. The US Dollar continues to gain ground against its peers, potentially due to a technical correction.
USDCHF
Macroeconomics
Majors
Switzerland
SNB
Crude oil price today: WTI price bearish at European opening
Crude oil price today: WTI price bearish at European opening
West Texas Intermediate (WTI) Oil price falls on Wednesday, early in the European session. WTI trades at $62.59 per barrel, down from Tuesday’s close at $62.84.Brent Oil Exchange Rate (Brent crude) is also shedding ground, trading at $65.20 after its previous daily close at $65.43.
Oil
WTI
Commodities
Marketing at the Speed of the Client: Predicting Top Spenders in Real Time
Marketing at the Speed of the Client: Predicting Top Spenders in Real Time
News Discussion Forum
By Finance Magnates
Marketing at the Speed of the Client: Predicting Top Spenders in Real Time
Establishing a new baseline for modern marketing.
marketing
US and Canada trade deal could happen before G7 Summit next week
US and Canada trade deal could happen before G7 Summit next week
Citing new US Ambassador to Canada Pete Hoekstra, The Toronto Sun reported that a trade deal between the US and Canada could strike any time next week.  
Canada
USDCAD
TradeWar
UnitedStates
AUD/JPY Price Forecast: Bearish bias remains unchanged near 93.00
AUD/JPY Price Forecast: Bearish bias remains unchanged near 93.00
The AUD/JPY cross trades in positive territory near 93.10 during the early European session on Wednesday. The Australian Dollar (AUD) remains weak against the Japanese Yen (JPY) after Australia’s first quarter (Q1) economic growth missed estimates. 
AUDJPY
Technical Analysis
Crosses
USD/CAD hangs near YTD low; flat lines above 1.3700 ahead of BoC, US macro data
USD/CAD hangs near YTD low; flat lines above 1.3700 ahead of BoC, US macro data
The USD/CAD pair extends its sideways consolidative price move through the Asian session on Wednesday and remains close to its lowest level since October 2024 touched earlier this week.
USDCAD
BOC
InterestRate
Fed
Currencies
US and Canada to strike trade deal as early as next week?
US and Canada to strike trade deal as early as next week?
Canadian sources say that it could be done before the G7 summit on 15 June
Politics
GBP/USD remains above 1.3500 as US Dollar comes under pressure from "Sell America" trend
GBP/USD remains above 1.3500 as US Dollar comes under pressure from "Sell America" trend
GBP/USD edges higher after registering losses in the previous session, trading around 1.3520 during the Asian hours on Wednesday. The pair may appreciate as the US Dollar (USD) attracts sellers under the “Sell America” trend amid rising tariff uncertainty, which could hurt growth in the US economy.
GBPUSD
Majors
Macroeconomics
UnitedKingdom
India Gold price today: Gold rises, according to FXStreet data
India Gold price today: Gold rises, according to FXStreet data
Gold prices rose in India on Wednesday, according to data compiled by FXStreet.
Gold
Metals
Commodities
India
Silver Price Forecast: XAG/USD bulls have the upper hand near mid-$34.00s, just below YTD top
Silver Price Forecast: XAG/USD bulls have the upper hand near mid-$34.00s, just below YTD top
Silver (XAG/USD) struggles to capitalize on the overnight bounce from sub-$34.00 levels and oscillates in a narrow trading band during the Asian session on Wednesday.
Silver
Commodities
Technical Analysis
XAGUSD
US President Trump’s Social Media Firm to Launch a Bitcoin ETF
US President Trump’s Social Media Firm to Launch a Bitcoin ETF
News Discussion Forum
By Finance Magnates
US President Trump’s Social Media Firm to Launch a Bitcoin ETF
NYSE Arca, part of the New York Stock Exchange, yesterday (Tuesday) filed with the Securities and Exchange Commission (SEC) for approval to launch an exchange-traded fund (ETF) that tracks the pric...
trump
donald trump
FX option expiries for Jun 4 NY cut
FX option expiries for Jun 4 NY cut
FX option expiries for Jun 4 NY cut at 10:00 Eastern Time vi a DTCC can be found below.
Options
Currencies
Gold price remains confined in a narrow band; looks to US data for some impetus
Gold price remains confined in a narrow band; looks to US data for some impetus
Gold price (XAU/USD) extends its consolidative price move around the $3,350 region through the first half of the European session on Wednesday and remains close to a nearly four-week high touched the previous day.
Gold
Commodities
Fed
TradeWar
SEO
EUR/USD hovers below 1.1400 as Eurozone inflation falls below ECB’s 2% target
EUR/USD hovers below 1.1400 as Eurozone inflation falls below ECB’s 2% target
EUR/USD moves little after registering losses in the previous session, trading around 1.1380 during the Asian hours on Wednesday. The pair may appreciate as the US Dollar (USD) struggles due to traders’ caution amid rising tariff uncertainty and its potential to hurt growth in the US economy.
EURUSD
Majors
Macroeconomics
Eurozone
A more subdued mood ahead of European trading today
A more subdued mood ahead of European trading today
Major currencies are not doing much so far on the day
market overview
FX option expiries for 4 June 10am New York cut
FX option expiries for 4 June 10am New York cut
A look at what is on the board for today
USD/INR attracts some buyers on firmer US Dollar, higher crude oil prices
USD/INR attracts some buyers on firmer US Dollar, higher crude oil prices
The Indian Rupee (INR) loses ground on Wednesday. Extended gains in crude oil prices weigh on the local currency. It’s worth noting that India is the world's third-largest oil consumer, and higher crude oil prices tend to have a negative impact on the INR value.
USDINR
India
SEO
Macroeconomics
EmergingMarkets
US Dollar Index Price Forecast: Treads water above 99.00 near nine-day EMA barrier
US Dollar Index Price Forecast: Treads water above 99.00 near nine-day EMA barrier
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is edging lower after registering over 0.5% gains in the previous session and trading around 99.20 during the Asian hours on Wednesday.
DollarIndex
Technical Analysis
Majors
ForexLive Asia-Pacific FX news wrap: A subdued range session for major FX
ForexLive Asia-Pacific FX news wrap: A subdued range session for major FX
Forex news for Asian trading on Wednesday, June 4, 2025
Session wrap
Wrap Asia
Japanese Yen bounces off weekly low, flat lines against USD amid Trump-Xi trade talk chatter
Japanese Yen bounces off weekly low, flat lines against USD amid Trump-Xi trade talk chatter
The Japanese Yen (JPY) recovers slightly from a fresh weekly low touched against its American counterpart this Wednesday and drags the USD/JPY pair back below the 144.00 mark heading into the European session.
USDJPY
BOJ
TradeWar
Fed
SEO
Canadian PM Office: Additional US tariffs on steel, aluminium are ‘unlawful, unjustified’
Canadian PM Office: Additional US tariffs on steel, aluminium are ‘unlawful, unjustified’
A statement from the Canadian Prime Minister’s Office was released late Tuesday, stating that “additional US tariffs on Canadian steel and aluminium are ‘unlawful and unjustified’.“
Canada
USDCAD
TradeWar
UnitedStates
US FBI Director: China targets our food supply, putting American lives at serious risk
US FBI Director: China targets our food supply, putting American lives at serious risk
Federal Bureau of Investigation (FBI) Director Kash Patel confirmed via post on X the arrest of two Chinese nationals charged for smuggling potential bioterror fungus into the US.
China
UnitedStates
TradeWar
DollarIndex
Australian Dollar remains subdued as US Dollar holds ground ahead of ISM Services PMI
Australian Dollar remains subdued as US Dollar holds ground ahead of ISM Services PMI
The Australian Dollar (AUD) loses ground against the US Dollar (USD) on Wednesday after offering its daily gains. However, the AUD/USD pair remained in positive territory following the release of mixed economic data from Australia.
AUDUSD
SEO
Majors
Macroeconomics
Australia
Australian Q1 2025 GDP 0.2% q/q (vs. expected 0.4%)
Australian Q1 2025 GDP 0.2% q/q (vs. expected 0.4%)
There were some estimates revised sharply lower going into this data
PBOC sets USD/CNY reference rate at 7.1886 vs. 7.1869 previous
PBOC sets USD/CNY reference rate at 7.1886 vs. 7.1869 previous
The People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead on Wednesday at 7.1886 as compared to the previous day's fix of 7.1869 and 7.1977 Reuters estimate.
USDCNY
PBOC
CentralBanks
Currencies
NZD/USD strengthens to near 0.6000, eyes on potential US-China talks
NZD/USD strengthens to near 0.6000, eyes on potential US-China talks
The NZD/USD pair holds positive ground around 0.6000 during the early Asian session on Wednesday. The US Dollar (USD) weakens against the New Zealand Dollar (NZD) amid concerns over the impact of US President Donald Trump’s tariffs on the US economy and global trade.
NZDUSD
Majors
Macroeconomics