IWM: head & shoulders measured move complete, now the 10-year yield holds the key

The iShares Russell 2000 ETF (NYSE Arca: IWM) tracks the performance of approximately 2,000 small-cap U.S. companies, making it one of the most widely followed barometers of domestic economic health and risk appetite.

CNY: Managed stability as surplus defended – Commerzbank

Commerzbank’s Dr. Henry Hao and Moses Lim highlight how Chinese policymakers are defending China’s large trade surplus while aiming to keep the CNY broadly stable.

Forex Today: US Dollar and Oil fall as Trump signals Iran de-escalation

The US Dollar Index (DXY) fell below the 100 mark on Monday and is now trading at 99.10, as improved risk appetite offsets support from steady yields and cautious expectations for the Federal Reserve.

BoK: Hawkish shift may bring earlier hikes – ING

ING economist Min Joo Kang argues that Shin Hyun-song’s nomination as Bank of Korea (BoK) governor points to a more hawkish policy stance, with preemptive rate hikes likely.

USD/JPY Price Forecast: Bears defend 159.00, eye a close below 158.00

The Japanese Yen (JPY) begins the week on a strong foot as USD/JPY falls some 0.67% on Monday amid an improvement in risk appetite, following the White House's delay of attacks on Iran for five days and its claim that the US had "very productive" talks with Tehran.

Gold Price Analysis: Pullback Accelerates Amid Fed Repricing, Retail Liquidation

Gold price analysis suggests the probability of further downside as the stronger dollar weighs on the precious metal. The new Fed Chair nomination has triggered a wave of deeper retracement in gold after a strong rally. Gold’s structural support remains intact as central banks still buy, while US-Iran tension also maintains a safe-haven demand. Gold...

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AUD/USD Forecast: RBA Decision vs Hawkish Fed Risks Cap Near-Term Upside

The AUD/USD forecast edges to the downside despite a hotter inflation print as the yields fell sharply, suggesting only a single RBA hike in the near term. Trump’s nomination of Kevin Warsh as the next Fed Chair lifts the US dollar, as markets view the decision as less dovish. COT positioning suggests reduced AUD longs,...

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EUR/USD Weekly Forecast: Bulls Fading from Multi-Year Top Ahead of ECB, NFP

The EUR/USD weekly forecast points to a corrective downside despite the pair ending the week with net gains, as the US dollar recovered slightly. Upbeat US PPI and the Fed’s hold in its recent meeting lent room to the falling dollar. The markets will closely watch the ECB rate decision and US employment data for...

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GBP/USD Weekly Forecast: Firm USD Risks Break of 1.37, Eyes on BoE, NFP

The GBP/USD weekly forecast remains slightly subdued as the markets pared partial weekly gains amid dollar recovery and profit-taking. Fed’s data dependency and resilient UK economy continue to balance the GBP/USD. Market participants eye the US NFP and the BoE interest rate decision to gauge further directional bias. The GBP/USD price closed its second consecutive...

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Gold Outlook: Strong Selling Amid Firm Dollar Ahead of US PPI

The gold outlook remains slightly deteriorated after a 4% plunge in a single session amid profit-taking. The structural demand for gold stays intact, with institutional targets set at $6,200 by mid-2026. Gold’s path could be bumpy depending on US macroeconomic data releases. Gold has been experiencing increased volatility after breaking the $5,500 barrier. The metal...

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