CIBC has become the latest firm to join SGX FX as a liquidity provider as part of an effort to expand institutional access to FX options and multi-currency liquidity. Scott Gold As part of the integration, CIBC will initially provide liquidity for OTC FX options and will later expand its offering into OTC cash FX. The partnership…
US services sector activity accelerated in May, providing fresh evidence that the economy remains resilient despite elevated interest rates. ISM Services PMI rose from 53.6 to 54.6, beating expectations and marking one of the strongest readings of the past year. Business activity increased from 55.9 to 57.7, while new orders climbed sharply from 53.5 to…
Bullish view Bearish view The AUD/USD pair moved sideways after Australia released the first-quarter GDP report and as traders waited for the latest US jobs data. It was trading at 0.7173, inside the narrow range it has been in the past few days. Australia GDP and US Jobs Data The AUD/USD pair has remained in…
Digital prime brokerage GCEX Group has announced that it has added tokenized oil to its multi-asset platform. This follows on from strong client interest in its tokenized precious metals offering, introduced by GCEX in March 2026 with the launch of Pax Gold (PAXG/USD) and Tether Gold (XAUT/USD). WTI Crude (WTI/USD), the new addition to GCEX’s…
In early futures trading this morning the Nasdaq 100 continues to climb upwards and explore higher territory, this as financial institutions and large players create buying momentum. The Nasdaq 100 at this writing is near the 30,700.00 ratio with fast results being seen via the futures markets. Yesterday’s Nasdaq 100 turned in fractional gains and…
This image is used for representational purposes only. | Photo Credit: Getty Images/iStockphoto The rupee depreciated 28 paise to 95.64 against the U.S. dollar in early trade on Wednesday (June 3, 2026), after the U.S. Trade Representative proposed 12.5% additional duties on India and 53 other countries over forced labour import violations. Forex traders said…
Japan’s service sector lost momentum sharply in May as rising costs linked to the Middle East conflict weighed on business activity and household spending. PMI Services (final) fell from 51.0 to 50.0, indicating stagnation after more than a year of continuous expansion. PMI Composite eased from 52.2 to 51.1. The figures suggest the strong growth…
EUR/USD Analysis Summary Today EUR/USD Trading Signals: Technical Analysis of EUR/USD Today The Euro against the US Dollar (EUR/USD) pair is attempting to maintain its positive momentum after rebounding from recent lows. However, the European currency’s gains are still colliding with an important technical barrier that prevents buyers from establishing full control over the trend….
With risk appetite being an issue, it is likely that the US Dollar will continue to see interest. The US dollar has jumped a bit during the early part of the trading session on Monday, jumping to the upside only to turn around and fall to fill that gap and then turn around to rally…
Today’s Gold Analysis Overview: The Overall Gold Trend: Bearish. Today’s Gold Support Points: $4445 – $4410 – $4340 per ounce Today’s Gold Resistance Points: $4530 – $4580 – $4640 per ounce Today’s Gold Trading Signals: Note: These recommendations are suitable for medium-to-long-term traders, provided there is strict adherence to capital and risk management Daily Technical…