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Forex Short News
Forex Short News

Goldman Sachs: Rolling our EUR/USD forecasts higher

Posted onJune 10, 2025

Goldman Sachs revises its EUR/USD forecasts upward, citing relative equity underperformance for EUR-based investors, diminishing foreign appetite for US assets, and a confirmed slowdown in …

Forex Short News
Forex Short News

Cable makes the round trip on USD weakness and data questions

Posted onJune 10, 2025

Cable has completed the round trip following a soft May jobs report. Unemployment rose to the highest since 2020 and payrolls fell by 109K. That …

Technical Analysis
Forex Short News, Technical Analysis

USDCAD slips back after failed break above 200-hour MA

Posted onJune 10, 2025

The USDCAD has been under steady pressure since peaking near the 200-day moving average on May 13 near 1.4015. That level capped the corrective rally, …

Forex Short News
Forex Short News

World Bank cuts 2025 global growth forecast by 0.4 percentage points

Posted onJune 10, 2025

Cuts US growth forecast by 0.9 pp to 1.4%, cuts 2026 forecast by 0.4 pp Advanced economies growth seen at 1.2% vs 1.7% Eurozone seen …

Forex Short News
Forex Short News

US stock futures point to slight gains at the open

Posted onJune 10, 2025

S&P 500 futures are up 9 points or 0.15% ahead of the open with Nasdaq futures up by about the same margin. Shares of Apple …

Forex Short News
Forex Short News

The other trade deal that could happen this week

Posted onJune 10, 2025

USD/CAD perked up to 1.3728 in Asian trade but has since retreated back to 1.3689, slightly lower on the day. I spoke with Reuters yesterday …

Forex Short News
Forex Short News

EU Commission proposes cutting Russia’s oil price cap to $45

Posted onJune 10, 2025

From Von Der Leyen: We are ramping up pressure on Russia with 18th package of sanctions Sanctions target energy and banking Proposes restrictions on Nord …

Technical Analysis
Forex Short News, Technical Analysis

USDCHF stalls below key resistance. Support targets eyed on the downside

Posted onJune 10, 2025

The USDCHF pair continues to respect technical boundaries, with the high price today stalling at 0.82415, just ahead of the key resistance ceiling at 0.8249—a …

Forex Short News
Forex Short News

All eyes on US-China trade talks with little else on the economic calendar today

Posted onJune 10, 2025

Aside from GBP weakness following the soft jobs report, the FX market is largely unmoved so far today. There also isn’t anything on the economic …

Forex News
Forex News

Former Expedia CEO to acquire Italian lingerie company La Perla

Posted onJune 10, 2025

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