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Breaking: Iran closes the Strait of Hormuz amid ceasefire deal violation

Brent at $80: Did the market buy the Iran deal twice?

The Canadian Dollar ditches Crude Oil for Gold

The Euro sinks on its own rate hike

The Australian Dollar looks for an excuse to break ranks

Gold price extends selloff as Fed repricing lifts USD and yields

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Saturday, June 20, 2026

Mr. Subhash

Forex Rates Today
  • Forex Treding

Forecasting the upcoming week: Fed, BoJ, BoE and RBA decisions take center stage

The US Dollar Index (DXY) lost ground during the week, down 0.27% to trade near the 99.80 level as investors prepared for a heavy central bank calendar the following week....

Mr. Subhash
June 12, 2026
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Forex Rates Today
  • Forex Treding

South Korean Won: Authorities step up FX stabilisation push – Societe Generale

Societe Generale highlights that South Korean authorities have launched a multi-pronged FX stabilisation package to address short-term USD funding stress and speculative pressures on the Korean Won....

Mr. Subhash
June 12, 2026
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Forex Rates Today
  • Forex Treding

US Senior Official: Iran deal secures Hormuz reopening, nuclear material

A senior administration official said on Friday that the Iran deal will guarantee long-term peace in the region. The agreement would achieve core US objectives and reopen the Strait of Hormuz. The off...

Mr. Subhash
June 12, 2026
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Forex Rates Today
  • Forex Treding

United Kingdom: Growth resilience but softer inflation – Deutsche Bank

Deutsche Bank’s Sanjay Raja says the UK economy is tracking close to the Bank of England’s Scenario A, with stronger‑than‑expected early‑2026 GDP but a cooling labour market and easing price pressures...

Mr. Subhash
June 12, 2026
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Forex Rates Today
  • Forex Treding

Gold clears $4,200 as optimism on Middle East deal dents inflation woes

Gold (XAU/USD) price consolidates above the $4,200 figure on Friday as market participants are optimistic about a potential US-Iran deal, set to be signed next week, according to newswires. Meanwhile,...

Mr. Subhash
June 12, 2026
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Forex Rates Today
  • Forex Treding

Euro holds steady against the US Dollar as markets await clarity on a possible US-Iran peace deal

EUR/USD fluctuates between modest gains and losses heading into the weekend as traders await Tehran’s decision on a possible agreement with the United States (US) to end the war in the Middle Ea...

Mr. Subhash
June 12, 2026
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Forex Rates Today
  • Forex Treding

Chinese Yuan: Policy mix supports stability – Societe Generale

Societe Generale notes that Chinese inflation remains subdued, with May Consumer Price Index (CPI) at 1.2% and core at 1.1%, while PPI has risen to a four-year high, suggesting weak consumer demand an...

Mr. Subhash
June 12, 2026
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Forex Rates Today
  • Forex Treding

Dow Jones Industrial Average takes Pakistan’s word for it

The Dow Jones Industrial Average (DJIA) climbed 0.6% on Friday, settling near 51,200 and outperforming the rest of the US majors on a day when the tech-heavy Nasdaq Composite slipped into the red....

Mr. Subhash
June 12, 2026
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Forex Rates Today
  • Forex Treding

Japanese Yen holds as traders switch focus to BoJ hike and Warsh’s first Fed meeting

The USD/JPY pair trades near the 160.20 region on Friday as the Japanese Yen (JPY) remains slightly under pressure, while investors prepare for a key central bank week featuring the Bank of Japan&#821...

Mr. Subhash
June 12, 2026
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Forex Rates Today
  • Forex Treding

Gold pauses recovery as traders await clarity on US-Iran peace deal

Gold (XAU/USD) consolidates on Friday as traders await further developments on a potential US-Iran peace deal. At the time of writing, XAU/USD is trading around $4,200 after climbing to an intraday hi...

Mr. Subhash
June 12, 2026
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