South Korea, US finance chiefs discuss tariffs, investment, FX, says Seoul

One of the big surprises of 2025 was OPEC+ abandoning efforts to prop up the price of oil. For years, OPEC had been a strong market backstop, managing supply to maintain a floor under crude. However, a combination of eroding market share, resilient non-OPEC production finally forced a change in strategy and perhaps a nudge…

Today, the USD/CAD market faces a “double blow” from central banks:→ At 16:45 GMT+3, the Bank of Canada will announce its decision. The rate is expected to be cut from 2.75% to 2.50%.→ At 21:00 GMT+3, the Federal Reserve will follow with its own rate announcement. Both events will be accompanied by statements from the…

The hardest part of self-discipline trading is not reading the chart. It is sitting on your hands when the market starts pressing every emotional button you have. A clean plan can fall apart fast after two losses. One extra trade. A slightly bigger size. A quick revenge move to get back what the market just…

Gold (XAU/USD) rises over 1% on Friday amid a scarce economic docket, but traders are pricing further easing by the Federal Reserve (Fed) at the next meeting, pushing the non-yielding metal past the $4,200 mark for the first time in the last ten days. Bullion surges over 1% in thin holiday trade as easing expectations…

The government is considering striking back against Russian hackers who have stolen records covering 300m patient interactions with the NHS, including the results of blood tests for HIV and cancer, the Guardian can reveal. The National Crime Agency (NCA) is weighing up the possibility of taking retaliatory action against Qilin, the Russian-based ransomware gang who…

USD/CHF is one of the more notable movers so far this week, with the pair falling below the 0.9000 level after some consolidation just above that over the last two months. It coincides with a more interesting look for June trading, when you take into account the seasonal pattern here. But in just the third…