Canada BoC Consumer Price Index Core (MoM) in line with expectations (0.4%) in May


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EUR/USD at daily lows as investors rush into the greenback

The risk-related sentiment turned sour with the US opening. Wall Street trades in the red and government bond yields are down, indicating fresh demand for safe-haven assets. Dovish ECB adds pressure on the EUR.

EUR/USD News

GBP/USD retreats but holds into daily gains

GBP/USD topped 1.3787, now trading sub-1.3750 amid renewed demand for the dollar. Eyes remain on EU-UK tension over the Northern Irish protocol and persistently high covid figures in the UK.

GBP/USD News

XAU/USD consolidates above $1,800 as sellers fail to retain control

Gold remains on track to end the day little changed.100-day SMA continues to act as strong support. XAU/USD near-term technical outlook stays neutral with a slight bearish bias.

Gold News

Bitcoin breathes life into altcoins

Bitcoin price might pull back before it continues its uptrend. Ethereum price is facing a critical resistance level at $2,018 and might retrace before heading higher. Ripple price is bouncing off a demand zone ranging from $0.548 to $0.568.

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Why is Tesla stock moving

Tesla underperformed the broad market on Wednesday closing just under 1% lower at $655.29. Equity markets have been recovering from the hammering they took on Monday but Tesla did not get the memo and remained in a bearish mood.

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