Gold is maintaining a bearish intraday tone today.Oscillators on the daily chart are just beginning to show negative momentum, indicating the potential for further declines in the metal’s price. The XAU/USD pair has repeatedly failed to break above the 100-period Simple Moving Average (SMA) on the 4-hour chart, leading to a drop in price to…
The euro is showing a record series of gains against the dollar, which could be the longest in the last two decades. On Tuesday, the currency rose to $1.1830, updating the maximum since September 2021 and having gained about 14% since the beginning of the year. If the day ends in positive territory, it will…
The Iranian President has signed a decree suspending cooperation with the IAEA. According to the document, the agency’s employees are temporarily banned from entering the country. The decision is justified by the need to ensure the safety of Iranian nuclear facilities and specialists in the field of nuclear energy. Thus, the control by the international…
The US dollar has dropped to its lowest level since February 2022 amid growing uncertainty in US trade and fiscal policy. The current quote of the EUR/USD pair is 1.1810, GBP/USD – 1.3771, USD/JPY – 142.95. The 90-day pause in action on reciprocal tariffs announced by President Trump expires on July 9, while a protracted…
The main events by the morning: June 30 Source link
American regulators are developing new rules allowing the use of cryptocurrency to obtain a mortgage without converting it into fiat. The US Federal Housing Finance Agency (FHFA) has ordered Fannie Mae and Freddie Mac to take into account borrowers’ crypto assets when assessing mortgage risks. The decree signed on June 25 introduces the digital currency…
Russian oil has broken two records at once: a record high price and record low imports. The cost of a barrel of Urals crude oil last week exceeded $68, which was the highest since January. Now the price of Russian oil has dropped to $65-$65.23 per barrel. At the same time, shipments fell to a…
Oil prices increased their decline on Tuesday, with Brent crude dropping below $68 per barrel for the first time in two weeks. August Brent futures on the London ICE Futures Exchange fell 5.2% to $67.76 per barrel. At the same time, WTI futures fell 5.18% to $64.96 per barrel. During morning trading, Brent recorded a…
Donald Trump, with his aggressive trade policy, can compensate for the weakening of the British pound caused by Brexit. This could bring sterling back to the levels before the UK left the EU, experts say. Analysts note that the loss of the dollar’s «exclusivity» status due to the unpredictable tariffs of the White House is…
Markets on Edge: Investors Brace for Sell-Off After US Strike on Iran Financial markets are on alert this Monday as investors anticipate a sharp downturn following a US military strike on Iran over the weekend. The potential for retaliation and a surge in oil prices is weighing heavily on global sentiment. Middle East Tensions Eclipse…