Market news
Crypto, stocks, forex and macro, aggregated for traders.
USD/JPY May Weaken to 160.75 – UOB Analysts
UOB analysts Quek Ser Leang and Lee Sue Ann see USD/JPY range-bound intraday between 159.90 and 160.40 but maintain a slightly positive multi-day outlook, with potential to weaken toward 160.75.
Humanity Protocol suffers $31M wallet compromise, token H crashes 83%
Unknown attackers compromised wallets linked to Humanity Protocol on June 9, causing an estimated $31 million loss. The project's native token H plunged 83% from $0.70 to $0.12.
USD/CAD Eases from 1.3960 Highs, Bullish Trend Intact
The US Dollar eased against the Canadian Dollar on Tuesday, pulling back from near the year-to-date peak of 1.3960, while the broader bullish trend remains in place.
Euro Holds Losses Against Pound Despite Stronger German Industrial Production
The EUR/GBP cross remains near 0.8640 during early European trading on Tuesday, with the Euro staying weak against the British Pound despite stronger-than-expected German Industrial Production data.
EUR/USD Hits Two-Month Low Near 1.1500 as Yields Swing – Danske Bank
EUR/USD briefly touched a new two-month low near 1.1500 before retracing slightly. Danske Bank analysts attribute the move to concurrent V-shaped swings in global yields.
Asia Tech Stocks Recover, OpenAI IPO Looms, China Trade Surplus $105B
South Korea's Kospi and Japan's Nikkei rebounded on tech gains, while China's trade surplus returned to $105 billion. OpenAI also reportedly enters the IPO queue.
Silver Trades with Caution Around $68 Ahead of US CPI Data
Silver price (XAG/USD) edges lower near $67.90 during European trading as investors await the US CPI data for May.
China Exports Surge 19.4% in May, Beating Expectations
China's export growth accelerated to 19.4% year-on-year in May, exceeding the consensus forecast of 15.0% and up from 14.1% in April, driven by strong demand for chips, autos, and AI-related tech goods.
Household Inflation Expectations Ease in May After April Spike
Household inflation expectations for the next 12 months eased in May, following a sharp spike in April driven by high commodity prices, according to a recent survey.
BoJ Expected to Raise Rate to 1.0% in June, Nikkei Reports
The Bank of Japan is widely expected to raise its short-term policy rate from 0.75% to 1.0% at its June 15–16 meeting, according to a Nikkei report.
EUR/USD Strengthens Toward 1.1550 on ECB Hawkish Bets
The euro edged higher against the dollar in early European trade Tuesday, supported by expectations of further ECB rate hikes. Traders are now awaiting US CPI data for fresh directional cues.
USD/JPY Holds Above 160.00 as Yen Stays Near One-Month Low, Intervention Risks Loom
The Japanese yen remains near a one-month low against the US dollar, with USD/JPY trading above the 160.00 mark despite a weaker greenback. Traders are cautious amid persistent intervention risks from Japanese authorities.
Indian Rupee Rebounds as Oil Prices Slump on Iran-Israel Truce
The Indian Rupee strengthened against the US Dollar on Tuesday morning after a sharp drop the previous day, driven by a decline in oil prices following reports of a ceasefire between Israel and Iran.
Trump Says Iran Agreement Proposal Possible Within Days
US President Donald Trump stated he may have a proposal for an Iran agreement within days, as reported by Reuters.
WTI Crude Oil Holds Below $89 as Bearish Setup Persists
West Texas Intermediate crude oil extends losses below $89.00 after a sharp retracement from mid-$93 levels, with bearish technicals pointing to further downside.
EUR/JPY Strengthens Above 184.50 as Hawkish ECB Supports Euro
EUR/JPY trades around 184.85, maintaining a bullish tone as the European Central Bank’s hawkish stance underpins the euro. The cross holds above 184.50 despite intervention risks.
EUR/USD Could Head Towards 1.1600 as Dollar Index Fails to Hold 100
The Dollar Index retreats below 100 after failing to sustain above that level, while EUR/USD bounces and may target 1.1600 or higher. EUR/INR remains bearish below 111, and EUR/JPY could test 186.
NZD/USD Steadies Above 0.5800 as Neutral Bias Prevails
The New Zealand Dollar holds above 0.5800 for a second day, with technical analysis showing a rectangle pattern indicating consolidation.
Meta Zigzag Pullback Nears Key $522-545 Support Range
Elliott Wave analysis shows Meta's short-term rally from March 27, 2026 low as impulsive wave ((1)), with the current pullback as wave ((2)) approaching the $522-545 support zone. Upside is favored while price holds above this pivot.
Gold Steady as Hawkish Fed Bets Counter Geopolitical Truce
Gold (XAU/USD) holds steady after recovering from a low near $4,267-$4,268, as hawkish Federal Reserve expectations offset a reported Israel-Iran truce and a weaker US dollar.
Arthur Hayes Predicts Bitcoin Dump Then Pump as AI Bubble Bursts
Arthur Hayes warns that a potential AI bubble burst, triggered by mega IPOs and rising oil prices, could cause Bitcoin to initially dump before a subsequent pump as liquidity cycles renew.
AUD/JPY Gains as China Trade Surplus Beats Expectations
The AUD/JPY cross edged up to around 112.90 during Asian hours after China's trade balance came in larger than forecast, lending support to the Australian dollar. Traders remain watchful for possible Japanese intervention.
Gold Rebounds from Three-Month Lows but Caution Remains
Gold (XAU/USD) has bounced from three-month lows of $4,269 but remains under pressure, trading above $4,300 in Asian session.
Australian Dollar Steady Despite Strong China Trade Balance Data
The Australian Dollar trades flat around 0.7050, consolidating after China reported a stronger-than-expected trade surplus for May.