The US dollar extended its gains on Wednesday, climbing to a fresh 13-month high against a basket of major currencies as investors moved towards safe-haven assets amid a technology-led equity selloff and growing expectations of further interest rate hikes from the Federal Reserve. The move came as global markets remained under pressure following a broad
The pound rose to a 10-month high against the euro on Wednesday as investors assessed the political outlook in the UK and the possible shape of a future government under Andy Burnham, who is widely seen as the likely successor to Prime Minister Keir Starmer. Sterling strengthened after markets turned their attention to who could
The US dollar held firm on Tuesday as markets continued to price in a more hawkish Federal Reserve, while the Japanese yen hovered near a multi-decade low and the Indian rupee opened on a flat note against the greenback. The dollar remained supported even as oil prices edged lower on easing Gulf tensions. Traders largely
The popular read on gold is that its bull run is over: the metal sits near $4,192 an ounce as of June 22, 2026, roughly 22.8% below the $5,595.75 record it set on January 29, and a drawdown that deep usually marks a cycle top. That reading misses what the correction actually is. Gold is
The US dollar started the week with a familiar advantage: investors wanted shelter, but not outright safety. A fragile diplomatic track between the US and Iran reduced the worst fears around Gulf shipping, yet the currency market was still shaped by oil risk, higher Treasury yields and fresh political noise in Britain. The greenback held
The pound weakened on Monday as investors assessed mounting speculation that British Prime Minister Keir Starmer could soon set out a timetable for his departure, opening the door for Andy Burnham to emerge as the country’s next leader. Sterling was down 0.2% at $1.321. The currency has now lost around 3% since pressure on Starmer
The popular silver thesis says a record sixth-straight supply deficit makes higher prices a near-certainty. That is the wrong way to read this market. Silver is not a one-way deficit trade — it is the highest-beta macro instrument in the precious-metals complex, and the same structural shortfall that powers the bull case is exactly what
The USD/JPY exchange rate continued its strong rally last week, reaching its highest point since 1986. It peaked at 161.81, up by 15% from its lowest level in May last year, putting investors on edge as they wait for the next actions by the Bank of Japan (BoJ). USD/JPY jumps after the hawkish Fed The
The instinct that Palantir is falling because something is wrong with the business is exactly backwards. PLTR is down roughly 27% in 2026 — yet in the same window it posted its highest-ever revenue growth (85% year-over-year) and raised full-year guidance to 71% growth. That contradiction is the entire PLTR stock prediction story, and it
EURUSD currency pair can be expected to fall further to the next support level 1.1410 (which stopped the previous intermediate impulse wave (5) in March). EURUSD broke the support zone Likely to fall to support level 1.1410 EURUSD currency pair recently broke the support zone between the support level 1.1515 (which has been reversing the