Australian Dollar declines as disappointing GDP, firm US data bolster USD.Australian Dollar declines as disappointing GDP, firm US data bolster USD

Canadian Dollar: Resistance caps losses against US Dollar – Scotiabank.Canadian Dollar: Resistance caps losses against US Dollar – Scotiabank

USDJPY Cracks 160 Barrier, Traders Cautious of Potential Intervention.USDJPY hit important 160 resistance but stays below this level for the second consecutive day, as traders remain very cautious after the previous intervention commenced at this zone and Japan's officials repeated today their readiness to intervene again.

Crude Oil Price Analysis – Crude Oil Continues to React to Middle East Tensions.Crude oil rallies early on Wednesday, as we continue to see a lot of headlines coming out of the Middle East that suggest we are nowhere near a resolution of tensions between the United States and Iran.

US ISM Services Beats Expectations as Price Pressures Hit Highest Since 2022.US services sector activity accelerated in May, providing fresh evidence that the economy remains resilient despite elevated interest rates. ISM Services PMI rose from 53.6 to 54.6, beating expectations and marking one of the strongest readings of the past year.

Natural Gas Price Analysis – Natural Gas Gives Back Gains Quickly.The natural gas market tried to rally early on Wednesday, as traders continued to look to the July contract as a potentially higher demand time. However, the temperatures in the US have remained mild so far.

Eurozone: Real yields and supply pressures – ING.Eurozone: Real yields and supply pressures – ING

Australia: Growth momentum weakens as demand cools – UOB.Australia: Growth momentum weakens as demand cools – UOB

GBP/JPY Price Forecast: Long-term moving averages continue to support the uptrend.GBP/JPY Price Forecast: Long-term moving averages continue to support the uptrend

Dollar Rises as Markets Price Out Quick Iran Deal and Price In Higher Fed Rates.Dollar regained momentum today as two important market narratives moved in its favor simultaneously. First, investors became increasingly skeptical that a US-Iran agreement would be reached quickly, pushing oil prices higher again.

WTI Crude Oil surges on renewed Iran Gulf tensions, sharp US inventory drawdown.WTI Crude Oil surges on renewed Iran Gulf tensions, sharp US inventory drawdown

Japanese Yen: Intervention risk shapes FX focus – BNY.Japanese Yen: Intervention risk shapes FX focus – BNY

Bank of England: July risk as energy flows stay fragile – ING.Bank of England: July risk as energy flows stay fragile – ING

Forex Market Sceptical About a Swift Deal.The US dollar has gained fresh momentum following the escalation between the US and Iran. With consumer price inflation in the eurozone rising to 3.2%, the ECB's decision to raise its deposit rate from 2% to 2.25% in June is virtually a foregone conclusion.

United States: NFP gap narrows – Standard Chartered.United States: NFP gap narrows – Standard Chartered

US ADP Employment Tops Forecasts With 122k Growth as Hiring Broadens Across Industries.US ADP private-sector employment increased by 122k in May, beating expectations of 110k and pointing to continued resilience in the labor market ahead of Friday's closely watched non-farm payrolls report. Hiring was concentrated in services, which added 114k jobs, while goods-producing industries contributed 8k.

Brazil Industrial Output (YoY) registered at 2.7% above expectations (1.7%) in April.Brazil Industrial Output (YoY) registered at 2.7% above expectations (1.7%) in April

Brazil Industrial Output (MoM) came in at 0.7%, above expectations (0.4%) in April.Brazil Industrial Output (MoM) came in at 0.7%, above expectations (0.4%) in April

Switzerland rejects findings of U.S. forced labour investigation.The Swiss government on Wednesday rejected U.S. findings on how dozens of economies, including Switzerland, deal with goods produced by ​forced labour, a probe that prompted Washington to threaten trading partners with fresh ‌tariffs.

investingLive European markets wrap: US-Iran tensions continue; yen volatility in focus.It was a more pensive session as we continue to wait on whether or not the US and Iran will strike a deal this week. But by the look of things, it seems that both sides are still finding it hard to meet in the middle especially on key terms.

Crude Oil –03.06.2026.Our previous outlook for Crude Oil still stands as the market managed to test the resistance zone 94.30 today while traders watch the progress with negotiations between Iran and the USA. Intraday shows the chance for a trading zone between support 85.40-60 and resistance 94.30.

USD/JPY –03.06.2026.Our previous outlook for USDJPY still stands as the pair slowly marches towards the resistance zone at 160.20-60. Traders are watching the resistance zone of 160.20-60 as the last time the market was here, the BoJ threatened to intervention to support the Yen.

Dollar bears cling to optimism as war-led inflation tests Fed path.The U.S. dollar is expected to stay range-bound in the near term before weakening later this year, FX strategists said in a Reuters survey, on optimism the Middle East war will end soon ​and its impact on inflation will be temporary.

United States MBA Mortgage Applications increased to -2.5% in May 29 from previous -8.5%.United States MBA Mortgage Applications increased to -2.5% in May 29 from previous -8.5%

Russia's oil and gas revenue rises 32% y/y to $9.26 billion in May, data shows.Russia's oil and gas tax revenue, which accounts for around a fifth of ​total budget income, increased by 32.4% year-on-year in May ​to 678.9 billion roubles ($9.3 billion), Finance Ministry data showed ⁠on Wednesday, thanks to a global oil price rally fuelled ​by the Middle East war.

Sterling struggles for direction as Iran talks at impasse.The British pound was little changed ​against the dollar and euro on Wednesday, with investors remaining focused on the conflict ‌in the Middle East, and the impact a prolonged war would have on monetary policy.

Economists expect June ECB rate hike as stagflation risk stays high - Reuters poll.Economists expect June ECB rate hike as stagflation risk stays high - Reuters poll

US president Trump reaffirms that Iran has agreed to not have a nuclear weapon.Iran has agreed they will not have a nuclear weapon Iran's supreme leader (Mojtaba Khamenei) is involved in negotiations with the US They have told us that he is giving approval in talks; will probably meet with him at some point Gasoline prices will fall after the conflict with Iran ends Naval blockade on Iran could be lifted by Labour Day Trump is commenting the above on a podcast interview. More to come.

“SNB has increased readiness to intervene in forex market”: SNB Schlegel hints at near-term intervention.“SNB has increased readiness to intervene in forex market”: SNB Schlegel hints at near-term intervention

British Pound Today: Bank of England Hawks Keep July Rate Hike in Play.The British Pound traded close to recent highs on Wednesday, with investors continuing to weigh the prospect of further Bank of England tightening against signs that inflation pressures remain elevated. The Pound to Dollar exchange rate (GBP/USD) held near 1.3445, while the Pound to Euro exchange rate (GBP/EUR) traded around.