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AUD/USD firms near critical resistance ahead of RBA Meeting Minutes
AUD/USD firms near critical resistance ahead of RBA Meeting Minutes
The Australian Dollar (AUD) is trading positively in the early hours of Tuesday's Asian session, while the US Dollar (USD) remains under pressure.
AUDUSD
RBA
Macroeconomics
Majors
Canadian Dollar tests fresh multi-month highs to kickstart June markets
Canadian Dollar tests fresh multi-month highs to kickstart June markets
The Canadian Dollar (CAD) caught a fresh bid against the US Dollar (USD), with June’s market window kicking things off with a fresh six-month peak in intraday Loonie bids against the Greenback.
USDCAD
SEO
TradeWar
BOC
Forex Firms, Drug Money, and Cyprus: Mayor’s Allegations Spark CySEC Response
Forex Firms, Drug Money, and Cyprus: Mayor’s Allegations Spark CySEC Response
News Discussion Forum
by Finance Magnates
Forex Firms, Drug Money, and Cyprus: Mayor’s Allegations Spark CySEC Response
Paphos Mayor alleges Cyprus is linked to an international money laundering network tied to Latin American drug cartels.
cysec
retail
retail FX
AUD/JPY Price Forecast: Remains subdued, trapped within 92.50-93.00
AUD/JPY Price Forecast: Remains subdued, trapped within 92.50-93.00
AUD/JPY is poised to close on Monday with gains of over 0.09% amid a subdued trading session, despite an improvement in risk appetite during the day. At the time of writing, the cross-pair trades at 92.74 after bouncing off a daily low of 92.37.
AUDJPY
Technical Analysis
Currencies
Crosses
Forexlive Americas FX news wrap 2 Jun: USD declines as traders fear US/China trade issues
Forexlive Americas FX news wrap 2 Jun: USD declines as traders fear US/China trade issues
Forex news for North American trading on Jun 2, 2025
Session wrap
Wrap Nth America
European Union says it will make strong case for US tariff cuts this week
European Union says it will make strong case for US tariff cuts this week
This comes after Trump said he will double steel and aluminium tariffs to 50%
Robinhood Seals Bitstamp Acquisition, Marks Entry into Crypto Trading
Robinhood Seals Bitstamp Acquisition, Marks Entry into Crypto Trading
News Discussion Forum
by Finance Magnates
Robinhood Seals Bitstamp Acquisition, Marks Entry into Crypto Trading
Robinhood Markets, has completed its acquisition of Bitstamp , a crypto exchange. It operates in Luxembourg, the UK, Slovenia, Singapore, and the US.
robinhood
Bitstamp
cryptocurrency
crypto
USD/CHF Price Forecast: Slides below 0.82, reaches multi-week low as USD appreciates
USD/CHF Price Forecast: Slides below 0.82, reaches multi-week low as USD appreciates
USD/CHF extended its losses during Monday’s North American session, down 0.60% as the Greenback weakened across the board.
Technical Analysis
USDCHF
Currencies
Majors
Economic calendar in Asia Tuesday, June 3, 2025 - BoE speaker, RBA minutes
Economic calendar in Asia Tuesday, June 3, 2025 - BoE speaker, RBA minutes
Asian Economic Calendar: Key Events and Consensus Expectations for 03 June 2025
economic calendar
EURUSD after run higher earlier today is consolidating
EURUSD after run higher earlier today is consolidating
EURUSD ran higher earlier today and is currently consolidating but trading above a swing area target . Buyers are in control, with the next target at 1.1479. A move below 1.14066 could shift sentiment to sellers.
Trump administration sets Wednesday deadline for trade offers from other countries
Trump administration sets Wednesday deadline for trade offers from other countries
The Trump administration is reportedly working on delivering a final trade offer deadline set for this Wednesday.
UnitedStates
Politics
TradeWar
BoE’s Mann: Impact of QT is a more salient issue now BoE is cutting rates.
BoE’s Mann: Impact of QT is a more salient issue now BoE is cutting rates.
Bank of England’s MPC (hawk) member Catherine Mann said that the bank should closely monitor the effects of its quantitative tightening (QT) programme on monetary and financial conditions, especially in light of the recent interest rate cuts.
BOE
InterestRate
Currencies
Inflation
GBPUSD
GBP/USD steadies near 1.3540 as the US Dollar struggles under global pressure
GBP/USD steadies near 1.3540 as the US Dollar struggles under global pressure
The British Pound (GBP) bounces back at the start of the week, advancing against the US Dollar (USD) on Monday and trimming last week’s losses. The GBP/USD pair is rebounding modestly as investors pare back US Dollar holdings amid lingering uncertainty over the global economic outlook.
GBPUSD
PMI
BOE
Fed
Fed’s Goolsbee: Rates can come down over 12-18 months
Fed’s Goolsbee: Rates can come down over 12-18 months
On Monday, Austan Goolsbee, President of the Chicago Federal Reserve Bank, expressed his belief that the Fed would eventually lower short-term rates once the uncertainty surrounding tariff policies is resolved.
Fed
InterestRate
Currencies
Inflation
DollarIndex
Forex Today: Focus remains on US jobs data and EMU flash CPI
Forex Today: Focus remains on US jobs data and EMU flash CPI
The US Dollar (USD) faced increasing selling pressure in quite a negative start to the new trading week, slipping back to multi-week troughs amid the resurgence of trade concerns and jitters over the health of the US economy.
EURUSD
Currencies
DollarIndex
CPI
Fed
Silver Price Forecast: XAG/USD surges over 5%, hits yearly high
Silver Price Forecast: XAG/USD surges over 5%, hits yearly high
Silver prices soar, gaining over 5% on Monday, as investors who had become risk-averse earlier pushed the grey metal higher. However, as market sentiment improved, buyers continued to drive XAG/USD higher, trading at $34.65 near year-to-date (YTD) highs.
Technical Analysis
XAGUSD
Silver
EUR/USD rallies towards 1.1450 as trade turmoil hurts the Greenback
EUR/USD rallies towards 1.1450 as trade turmoil hurts the Greenback
EUR/USD edges up during the North American session to hit a six-week high of 1.1449, poised to stay above 1.1400 as the US Dollar drops to levels last seen in April as the “Sell America” trade continues.
EURUSD
Majors
Technical Analysis
Fundamental Analysis
SEO
USD/JPY weakens as investors seek refuge in the Yen amid weak US PMI data
USD/JPY weakens as investors seek refuge in the Yen amid weak US PMI data
The Japanese Yen (JPY) is gaining strength against the US Dollar (USD) on Monday, as investors seek refuge in the Yen’s safe-haven appeal.
USDJPY
Majors
Macroeconomics
Japan
Fundamental Analysis
Dow Jones Industrial Average grapples with ongoing tariff and trade fears
Dow Jones Industrial Average grapples with ongoing tariff and trade fears
The Dow Jones Industrial Average (DJIA) remains trapped in near-term congestion as trade woes weigh on investors and the new trading month kicks off on a cautious note.
DowJones
Equities
SEO
TradeWar
WTI Price Forecast: Oil prices climb on weaker USD, geopolitical tension, WTI stalls near key resistance
WTI Price Forecast: Oil prices climb on weaker USD, geopolitical tension, WTI stalls near key resistance
West Texas Intermediate (WTI) crude oil edges higher on Monday, kicking off the week on a firmer footing as a weaker US Dollar (USD) and persistent geopolitical tensions between Russia and Ukraine continue to underpin market sentiment.
WTI
Oil
OPEC
EUR/GBP steadies as pair holds above key technical resistance
EUR/GBP steadies as pair holds above key technical resistance
The Euro (EUR) is consolidating against the Pound Sterling (GBP) on Monday, with markets focusing on key economic data and geopolitical developments.
EURGBP
Crosses
Technical Analysis
Currencies
Interactive Brokers Reaches $628 Billion in Client Equity in May Despite Fewer Daily Trades
Interactive Brokers Reaches $628 Billion in Client Equity in May Despite Fewer Daily Trades
News Discussion Forum
by Finance Magnates
Interactive Brokers Reaches $628 Billion in Client Equity in May Despite Fewer Daily Trades
Interactive Brokers reported May 2025 metrics showing growth in client assets and accounts, despite a slowdown in trading activity from April.
Interactive Brokers
InteractiveBrokers
retail
retail brokers
Gold rises on broad USD weakness as geopolitcal and tariffs fears mount
Gold rises on broad USD weakness as geopolitcal and tariffs fears mount
Gold prices rallied sharply on Monday, reaching their highest level in over four weeks, as geopolitical risks escalated over the Russia-Ukraine conflict. Renewed tensions on trade between the United States (US) and China prompted investors to buy the yellow metal throughout the day.
Gold
XAUUSD
Fundamental Analysis
Technical Analysis
SEO
USD/CAD under pressure as Canada PMI improves, US data disappoints
USD/CAD under pressure as Canada PMI improves, US data disappoints
The Canadian Dollar (CAD) extends its winning streak against the US Dollar (USD) for a third consecutive day on Monday, supported by rising oil prices and sustained weakness in the Greenback.
USDCAD
PMI
BOC
Crude rallies despite OPEC+ supply return – TDS
Crude rallies despite OPEC+ supply return – TDS
Crude prices are rallying even as OPEC+ continues to bring crude Oil back to markets, TDS' Senior Commodity Strategist Daniel Ghali notes.
Oil
Banks
Brent
Energy
Aluminium premium soars 25% on new U.S. tariffs – TDS
Aluminium premium soars 25% on new U.S. tariffs – TDS
Raising Aluminium and steel tariffs has driven Aluminium's midwest premium to nearly instantly rise by nearly 25% of the LME3m benchmark price, TDS' Senior Commodity Strategist Daniel Ghali notes.
Metals
Banks
Commodities
Copper
Gold: Long market plumbing – TDS
Gold: Long market plumbing – TDS
Markets continue to expect large-scale CTA buying activity in Gold markets, tallying up to a massive +20% of max size into this week's NFP in any scenario for prices, reflecting a rise in leverage and signal strength as Liberation day's vol-shock continues to reverberate across markets, TDS' Senior
Gold
Banks
XAUUSD
Metals
Commodities
Fed’s Logan: The US economy remains resilient
Fed’s Logan: The US economy remains resilient
The President of the Federal Reserve (Fed) Bank of Dallas, Lorie Logan, struck a cautiously balanced tone in earlier remarks, acknowledging both persistent inflation pressures and rising market uncertainty.
Fed
Currencies
DollarIndex
Inflation