Market news
Crypto, stocks, forex and macro, aggregated for traders.
AUD Languishes Near 0.6900 as US Inflation Awaited
The Australian Dollar remains near two-month lows against the US Dollar, consolidating after an eight-day losing streak. Traders now focus on upcoming US inflation data.
Brent Oil Falls to Pre-War Levels on Hormuz Strait Reopening
Brent oil prices dropped to levels last seen before the conflict on Thursday, as the reopening of the Strait of Hormuz provided significant relief and continued to push prices lower.
South Korea Fines Bithumb $136K for Unauthorized Data Transfer
South Korea's Personal Information Protection Commission fined Bithumb 210 million won (~$136,000) for transferring user order-book data to foreign third parties without consent.
McCormick Q2 2026 Earnings Beat Estimates, Reaffirms Outlook
McCormick reported Q2 2026 adjusted EPS of $0.80, above the $0.69 estimate, and net sales of $1.94B, slightly above the $1.91B estimate. The company reaffirmed its full-year adjusted EPS guidance of $3.05–$3.13.
Nvidia Printing New Low, Potential Leading Diagonal Pattern
NVIDIA is printing a new low for the month, with a possible five-wave leading diagonal pattern from the highs, indicating continued weakness.
Crypto Options Expiry This Friday: $11.85B in Contracts, Max Pain Above Spot
Nearly $11.85 billion in crypto options expire Friday, with Bitcoin's $10.16 billion in contracts having a max pain level at $72,000—15% above the current $61,750 price. Ethereum's $1.69 billion in options have max pain at $2,000, 20% above spot at $1,648.
Banxico Stance and Fed Risks Drive MXN Weakness – Societe Generale
Societe Generale notes Latin American currencies weakened as the dollar rebounded, with USD/MXN breaking above the 17.50 hurdle.
TD Securities: US Core PCE Inflation to Firm in May on Services
TD Securities strategists expect May US core PCE inflation to rise, driven by services, with headline inflation boosted by higher energy costs.
EU Regulators Propose Designating AWS, Azure as Gatekeepers
EU regulators have proposed that Amazon Web Services and Microsoft Azure be designated as gatekeepers under the bloc's tech rules, citing their role as key gateways between businesses and EU customers.
British Pound Gains Near 1.3200 Ahead of US PCE Data
The British Pound rose against the US Dollar on Thursday, approaching 1.3200 as traders trimmed USD long positions awaiting the US PCE Price Index release.
BNY: Precious Metals Slump Tempers ZAR, PEN Carry Outlook
BNY's Geoff Yu argues that weaker precious metals are undermining terms of trade for South Africa and Peru, limiting upside for the rand and sol despite supportive carry.
EUR/JPY Steady as BoJ Hawkish Stance, Fragile German Sentiment Limit Upside
EUR/JPY trades around 183.90, up just 0.06% on the day, as the Bank of Japan's hawkish stance and fragile German economic sentiment cap further gains, reflecting market hesitation.
Saudi Arabia to Boost Crude Exports from Ras Tanura Terminal
Saudi Arabia is set to increase crude oil exports from its key Ras Tanura terminal amid rising Gulf shipments, signaling stronger global supply and potential market stability.
Silver Rises to $57.61, Up 0.31% on Thursday
Silver prices (XAG/USD) rose on Thursday, trading at $57.61 per troy ounce, a 0.31% gain from the previous $57.43, according to FXStreet data.
EUR/PLN Breaks Above 4.290 on NBP Dovishness, ING Says
ING analyst Frantisek Taborsky notes persistent Polish Zloty weakness as EUR/PLN rises above its prior range toward 4.290, citing the National Bank of Poland's dovish stance and global risk-off sentiment.
Indonesia Mandates Certification for Crypto Influencers
Indonesia now requires influencers who recommend crypto and other digital assets to hold competency certificates, tightening oversight in the digital asset space.
USD/CHF Aims to Extend Rally Towards One-Year High Near 0.8170
The USD/CHF pair corrects from its 10-month high of 0.8140, trading 0.16% lower near 0.8110 during European hours Thursday. The overall bias remains bullish as the US Dollar continues to outperform, targeting the one-year peak around 0.8170.
Gold Slides Below $4,000, Tests Key Support – SocGen
Societe Generale analysts report that gold has broken below its 200-day moving average and the March trough, triggering an accelerated decline toward the $3,930–3,885 support zone. A potential rebound depends on holding this level.
Lira Stablecoins Overtake Euro Stablecoins in On-Chain Volume
On-chain transfers of Turkish lira-pegged stablecoins hit $3.4 billion in 2025, surpassing euro-denominated stablecoins. The gap between USD and euro stablecoins is 200-fold and widening.
Commerzbank: USD/CAD Surge Exaggerated, Says Analyst
Commerzbank strategist Michael Pfister argues that the recent rally in USD/CAD above 1.42 is overdone, citing falling oil prices and rising Fed hike expectations as temporary pressures on the Canadian dollar.
Iraq Threatens to Leave OPEC Over Quota Dispute
A senior Iraqi oil ministry official said Iraq may consider all options, including leaving OPEC, if its production quota is not significantly increased, according to Reuters.
GBP/JPY Bounces to 213.40 as Intervention Risks Rise
The British Pound trimmed losses against the Japanese Yen on Thursday, with GBP/JPY recovering to 213.40 after hitting lows near 212.50. Intervention risks are increasing.
ING: EUR/USD Could Return Higher on AI Sentiment Shift
EUR/USD is stabilizing above 1.1300 as calmer markets pause the dollar rally, with ING analyst Francesco Pesole pointing to AI-related sentiment as the primary driver.
Silver Holds Losses Near $57.50 as Bearish Bias Persists
XAG/USD trades lower for the third consecutive day around $57.40, maintaining a bearish bias as the price moves within a descending channel pattern.