Euro stabilizes against British Pound as weak UK PMIs contrast with resilient Eurozone activity.Euro stabilizes against British Pound as weak UK PMIs contrast with resilient Eurozone activity

Japanese Yen trades in neutral zone as investors assess US PMIs and ADP data.Japanese Yen trades in neutral zone as investors assess US PMIs and ADP data

Why Euro-Pound Refuses to Move Despite Fresh Economic Data.The Euro and Pound Sterling were little changed after mixed PMI data from both economies reinforced a picture of stagnation rather than recession, leaving EUR/GBP stuck in its familiar 0.86–0.87 trading range. While manufacturing activity continues to provide some support, weakness in the services sector is preventing either economy from.

British Pound falls amid UK political uncertainty, hot US PMI.British Pound falls amid UK political uncertainty, hot US PMI

Reserve Bank of Australia: Slowing demand supports steady rates – TD Securities.Reserve Bank of Australia: Slowing demand supports steady rates – TD Securities

Canadian Dollar falls to multi‑month low as Fed hike bets rise, Oil weighs.Canadian Dollar falls to multi‑month low as Fed hike bets rise, Oil weighs

Japanese Yen Technical Outlook: USD/JPY Challenges 2024 Highs as Intervention Risk Looms.Japanese yen weakness and USD/JPY breakout risks are back in focus as the currency pair tests major resistance near its 2024 highs. Michael Boutros, Senior Market Analyst at FOREX.com, examines the technical outlook for USD/JPY, the growing threat of Japanese intervention, extreme retail positioning, and why upcoming U.S. inflation data could determine whether the rally extends further.

Natural gas: Lower TTF path but winter risks – Rabobank.Natural gas: Lower TTF path but winter risks – Rabobank

Euro area: PMIs signal weak activity and sticky prices – Nomura.Euro area: PMIs signal weak activity and sticky prices – Nomura

Copper: Tariff support versus demand risks – TD Securities.Copper: Tariff support versus demand risks – TD Securities

BoE's Taylor: “We enter this shock with a very weak economy”.BoE's Taylor: “We enter this shock with a very weak economy”

United States Richmond Fed Manufacturing Index came in at 4 below forecasts (9) in June.United States Richmond Fed Manufacturing Index came in at 4 below forecasts (9) in June

US PMI Improves as Middle East Tensions Ease and Energy Costs Fall.US business activity accelerated in June, with the Flash Composite PMI Output Index rising from 51.5 to 52.2, its highest level in five months. The improvement was driven largely by manufacturing, where the Manufacturing PMI increased from 55.1 to 55.7, a 49-month high, while the Manufacturing Output Index climbed from 56.6 to 57.7, the strongest reading in nearly five years.

United States S&P Global Manufacturing PMI above expectations (54.8) in June: Actual (55.7).United States S&P Global Manufacturing PMI above expectations (54.8) in June: Actual (55.7)

United States S&P Global Composite PMI up to 52.2 in June from previous 51.5.United States S&P Global Composite PMI up to 52.2 in June from previous 51.5

Euro: Eurozone PMIs show two-speed recovery – TD Securities.Euro: Eurozone PMIs show two-speed recovery – TD Securities

Crude Oil Price Analysis – Crude Oil Continues to Face Pressures.Crude continues to see downward pressure in general, as traders are betting on the flow of oil getting to market as the Middle East sees signs of potential peace.

Natural Gas Price Analysis – Natural Gas Continues to See Overhead Selling Pressures.Natural gas continues to be bearish overall, as we are looking at US weather being mild, and of course, there being no heating demand this time of year.

Warsh: the New Fed Chief Would Like to Repeat Greenspan's Trick of Ignoring a Productivity Boom.At the remarkable age of one hundred, the legendary central banker Alan Greenspan passed away yesterday. An economist who was nominated no fewer than five times by four different U.S. presidents, he spent twenty years at the helm of the Federal Reserve around the turn of the century.

Fed: Warsh era keeps markets guessing – NBC.Fed: Warsh era keeps markets guessing – NBC

India's RBI to allow domestic banks to extend loans against overseas FX deposits.India's central bank has allowed domestic lenders to extend loans to non-residents against foreign currency ​deposits, including via their offshore branches, the Reserve Bank ‌of India said in a notice on Tuesday.

Tech Rout Dominates as Yen Surge Raises Risk of Dangerous Feedback Loop.Global markets were gripped by a technology-led selloff today, with investors abruptly shifting their attention away from the fading Middle East energy shock and toward mounting concerns over stretched valuations, leverage, and financial conditions. The sharp decline in Asian equities spilled into Europe and U.S. futures, driving classic risk-off positioning across currencies.

US Dollar Index: Breakout risks build on hawkish Fed – OCBC.US Dollar Index: Breakout risks build on hawkish Fed – OCBC

United States ADP Employment Change 4-week average increases to 30.75K.United States ADP Employment Change 4-week average increases to 30.75K

United States ADP Employment Change 4-week average: 30.75K (May 30) vs 25.5K.United States ADP Employment Change 4-week average: 30.75K (May 30) vs 25.5K

Oil: Softer path for Brent and WTI as Hormuz reopens – Rabobank.Oil: Softer path for Brent and WTI as Hormuz reopens – Rabobank

USD/JPY, AUD/USD and NZD/USD Forecasts – US Dollar Continues to Be Strong.The interest rate differential continues to be a strong mover of the US dollar in general. This is a consistent mover of the Forex markets at the moment.

Mexico Retail Sales (YoY) up to 4.4% in April from previous 2.9%.Mexico Retail Sales (YoY) up to 4.4% in April from previous 2.9%

Mexico Retail Sales (MoM) climbed from previous 0.1% to 0.8% in April.Mexico Retail Sales (MoM) climbed from previous 0.1% to 0.8% in April

Australian Dollar: Softer CPI keeps RBA sidelined – TD Securities.Australian Dollar: Softer CPI keeps RBA sidelined – TD Securities