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Market News
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USD/CAD Price Forecast: Eases from 1.3960 highs with the bullish trend in play
The US Dollar (USD) trades moderately lower against the Canadian Dollar (CAD) on Tuesday, pulling back from levels a few pips shy of the year-to-date peak, at 1.3966. The pair, however, maintains its bullish trend intact, fuelled by higher bets on Federal Reserve (Fed) tightening and safe-haven demand amid Middle East uncertainty Markets show a
June 9, 2026 -
The British pound has rebounded sharply against the US dollar; caution is warranted against a potential pullback.
The pound sterling traded in a choppy, consolidating range against the U.S. dollar during Tuesday’s Asian session, currently hovering around 1.3330, extending the previous day’s rebound from near a three-week low of 1.3300. A softening U.S. dollar, driven by easing tensions in the Middle East, has provided some support for the pound, though overall market
June 9, 2026 -
XAG/USD trades with caution around $68 as US CPI takes centre stage
Silver price (XAG/USD) trades marginally lower at around $67.90 during the European trading session on Tuesday. The white metal faces slight selling pressure as investors turn cautious ahead of the United States (US) Consumer Price Index (CPI) data for May, which will be published on Wednesday. The US CPI report is expected to show that
June 9, 2026 -
Gold Price Breaks Below 200-Day Average. Is a Death Cross Approaching?
Gold prices shifted lower today to $4,334 per ounce, marking an 8% decline over the past month and sitting firmly below the closely-watched 200-day moving average at $4,408. The technical breach, the first sustained move below this key support level since October 2023 has sent some shocks through share markets, with ASX-listed gold miners bearing
June 9, 2026
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