The dominant story across financial markets last week was not artificial intelligence, central banks, or economic data. It was a dramatic shift in expectations regarding the future of the US-Iran conflict. Investors increasingly embraced the view that the three-month war is moving toward a diplomatic resolution after reports emerged that negotiators had drafted a 60-day…
EUR/USD’s late break of 1.1660 resistance argues that a short term bottom was already formed at 1.1575. More importantly, fall from 1.1848 could have completed as a three wave-correction. Initial bias is mildly on the upside this week for 1.1795 resistance first. For now, risk will stay on the upside as long as 1.1575 support…
In today’s GCI Market Outlook, let’s take a look at Forex Trading USDCAD, Dow Jones Industrial Average, the NASDAQ, the S&P500, Silver, XAGUSD, and Gold, XAUUSD. In our last video, we looked at 4 things to watch that might be negative for the price of gold and look what happened as price action broke out…
“Everybody is buying the index automatically,” he said, criticizing the tendency of millions of investors to allocate money into funds. Written by: Ignacio Teson • Saturday, May 30, 2026 • 2 min read • Last updated: Saturday, May 30, 2026 Add an article to your Reading List Register now to be able to add articles…
Canadian Highlights Markets swung on hopes of a Middle East truce, but the outlook remains fragile. Canada’s economy has stalled out over the past two quarters, with weak domestic demand and patchy investment pointing to subdued momentum. The upcoming CUSMA review is now central, as Canada looks to pair greater trade clarity with an energy…
EUR/USD ended Friday at 1.1640 following significant volatility during the previous session. Pressure on the US dollar emerged after reports suggested that the US and Iran had reached preliminary agreements aimed at resolving the conflict. This helped ease market concerns over inflation and the need for further interest rate hikes. According to media reports, Washington…
Market Overview The crypto market capitalisation rose by 1% over the past 24 hours, rebounding from the local lows reached the previous day, thanks to a shift towards riskier assets. However, the cryptocurrency market remains 10% below its local peak in early May and 43% below its global peak in October last year. By comparison,…
Dubai, UAE, May 29, 2026 (GLOBE NEWSWIRE) — Rimantas Petrauskas has announced the release of Local Trade Copier Version 3.0.0 for MetaTrader 4 (MT4) and MetaTrader 5 (MT5), introducing a major update focused on trade execution flexibility, prop firm compatibility, and improved account synchronization for forex trading environments worldwide. Starting from Version 3.0.0, both MT4 and MT5 editions…
Canada’s economy unexpectedly contracted by -0.1% mom in March, missing expectations for a 0.1% expansion and partially reversing February’s 0.2% gain. The weakness was concentrated in goods-producing industries, which fell -0.8% and recorded their fifth decline in the past six months. Lower activity in mining, quarrying, oil and gas extraction, as well as construction, accounted…
Elusive US-Iran deal keeps inflation fears alive amid resilient risk appetite. US jobs data to take spotlight as hawkish Fed soundbites grow. Eurozone flash CPI to be eyed too as ECB preps for June rate hike. But will the yen steal the show as it re-enters 160 zone? US-Iran Drama Keeps Traders Gripped It’s been…