There was a time when news of output cuts from Saudia Arabia and Russia would have given the oil market a serious boost. Now perhaps it only slows the fall.

from DailyFX – Market News https://bit.ly/3NYTDfH
via IFTTT

Yen holding its ground at present as market participants remain wary of potential intervention. Range breakouts may provide some intraday opportunities.

from DailyFX – Market News https://bit.ly/3NFsr44
via IFTTT

Both the Dow and Nasdaq 100 have seen a revival in recent days, while the Nikkei’s bounce has stalled this morning.

from DailyFX – Market News https://bit.ly/3CW078G
via IFTTT

GBP/USD is in for a restrained trading day as the US celebrates Independence Day, ahead of UK services PMI data and the FOMC Minutes.

from DailyFX – Market News https://bit.ly/44gLDfS
via IFTTT

The gold price potentially reflects a holiday-impacted market with volatility easing across many asset classes. AUD/USD took a hit though when the RBA decided not to hike rates.

from DailyFX – Market News https://bit.ly/3JF6Szu
via IFTTT