The GBP/USD pair trades in positive territory around 1.3390 during the early European trading hours on Wednesday. Markets might turn cautious later in the day ahead of the US May Consumer Price Index (CPI) inflation report. On Friday, the monthly UK Gross Domestic Product data will be in the spotlight. Financial markets had expected the

The Canadian dollar traded in a narrow range against its US counterpart on Tuesday, finding support from a fresh uptick in global crude oil prices. After a period of modest weakness, the loonie steadied near the 1.3650 level against the greenback, as energy markets provided a familiar tailwind for Canada’s commodity-linked currency. Oil Market Dynamics

Silver (XAGUSD) is approaching a decisive test as price nears the March 23, 2026 low at $61.02. A break beneath this level could trigger a deeper decline, potentially extending toward the 100% measured move from the January 29, 2026 all‑time high. If the sequence unfolds without truncation, the projected target may reach as low as

Gold (XAU/USD) attracts heavy follow-through selling on Wednesday and weakens further below the $4,200 mark, hitting a fresh low since March 23 during the Asian session. Renewed hostilities between the US and Iran fuel inflationary concerns and bolster bets for more hawkish central banks, which, in turn, is seen as a key factor driving flows