XCU/USD Forecast Today 28/05: Target $7.00 (Video&Chart)

    XCU/USD Forecast Today 28/05: Target $7.00 (Video&Chart)

    Copper continues to be noisy, but the overall picture longer-term remains very strong. After all, the artificial intelligence sector will demand a lot of it, along with the electrification of the economy. Copper continues to offer plenty of opportunities as we had fallen pretty significantly early during the trading session on Wednesday but found buyers…

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    GBP/USD Forex Signal 04/06: Support Looks Vulnerable (chart)

      GBP/USD Forex Signal 04/06: Support Looks Vulnerable (chart)

      This currency pair has been gently descending over the past week or so: the move lower has not been what could be called especially strong. The major factors slowly coaxing the price lower are continuing fears that the US Federal Reserve will remain on a rath path with a hawkish tilt, which tends to boost…

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      Gold Remains Under Pressure, but a Rebound Is Still Possible

        Gold Remains Under Pressure, but a Rebound Is Still Possible

        Gold prices rose to 4,472 USD per troy ounce on Thursday. Despite the modest rebound, the precious metal is still attempting to recover from a weekly decline of nearly 2%. Pressure on gold continues to build as expectations grow that major central banks, including the Federal Reserve, may need to maintain tighter monetary policy to…

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        Crypto Market Continues to Plummet

          Crypto Market Continues to Plummet

          Market Overview The crypto market capitalisation has lost a further 3.5% over the past 24 hours in a sharp sell-off that began this month. During this period, the capitalisation has fallen to $2.22T, and at its lowest point early in the day, it dropped to $2.17T, compared to $2.50T on Sunday. In this environment, market…

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          Dollar Falls as Peace Hopes Return, But Risks Haven't Gone Away

            Dollar Falls as Peace Hopes Return, But Risks Haven’t Gone Away

            Financial markets traded with a mixed tone today as investors tried to balance fresh signs of diplomatic progress in the Middle East against lingering concerns that the region’s energy and security risks are far from resolved. The shift in sentiment was reflected most clearly in currency markets, where Dollar weakened broadly as traders scaled back…

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            The Pound: Heading Towards 1.31 or 1.37?

              The Pound: Heading Towards 1.31 or 1.37?

              Conflicting drivers are preventing GBPUSD from finding a clear direction. The Bank of England is set to disappoint markets with the scale of its monetary tightening. The British pound is consolidating against the US dollar amid persistent high geopolitical risks and uncertainty regarding the Bank of England’s monetary policy. The futures market expects the BoE…

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              US Initial Jobless Claims Jump to 225K vs Exp. 211k

                US Initial Jobless Claims Jump to 225K vs Exp. 211k

                US initial jobless claims rose by 13k to 225k in the week ending May 30, exceeding expectations of 211k and marking a modest softening in labor market conditions ahead of Friday’s closely watched non-farm payrolls report. The four-week moving average, which smooths out weekly volatility, increased by 6.5k to 214.75k, suggesting layoffs have edged higher…

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                Euro and Sterling Weaken as the Dollar Strengthens Ahead of Key US Data

                  Euro and Sterling Weaken as the Dollar Strengthens Ahead of Key US Data

                  The US dollar continues to hold firm against its major counterparts, supported by strong US macroeconomic data and expectations surrounding the release of further labour market indicators. Additional support for the greenback comes from persistent inflationary risks and the Federal Reserve’s cautious stance regarding further monetary policy easing. Against this backdrop, EUR/USD and GBP/USD remain…

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                  CMC Markets registers 15% increase in operating income in FY2026

                    CMC Markets registers 15% increase in operating income in FY2026

                    Multi-asset online trading and investing company CMC Markets plc (LON:CMCX) today announced its preliminary results for the year ended 31 March 2026. CMC delivered another year of strong financial and operational performance, with net operating income increasing 15% to £392.6 million (FY2025: £340.1 million). Performance was driven by continued scaling of institutional and B2B partnerships,…

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