WTI rebounds while traders monitor fresh developments in the Strait of Hormuz.WTI rebounds while traders monitor fresh developments in the Strait of Hormuz

Singapore Dollar: Weakens against US Dollar – UOB.Singapore Dollar: Weakens against US Dollar – UOB

Natural Gas News: Heat Forecast Lifts Market Despite Bearish Storage Report.Natural gas prices reversed higher after a bearish storage report as hotter weather, strong LNG exports and bullish technicals lifted market sentiment.

United States 7-Year Note Auction down to 4.26% from previous 4.29%.United States 7-Year Note Auction down to 4.26% from previous 4.29%

US treasury sells $44 billion of 7- year note at a high yield of 4.26%.High yield: 4.26% (prev. 4.290%, six-auction avg.

U.S. Dollar Pulls Back As Traders Ignore Strong GDP Data: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY.The American currency is losing ground as traders take some profits off the table after the strong rally.

Brazil central bank says policy horizon unchanged after market confusion.Brazil's central bank pushed back on Thursday against market perceptions that it had extended its monetary policy horizon, after its latest rate decision steepened the yield curve.

Crude Oil: Inventory draws and shorts set stage for rebound – TD Securities.Crude Oil: Inventory draws and shorts set stage for rebound – TD Securities

British Pound rebounds as USD bulls fade despite hot Core PCE.British Pound rebounds as USD bulls fade despite hot Core PCE

United States 4-Week Bill Auction rose from previous 3.58% to 3.61%.United States 4-Week Bill Auction rose from previous 3.58% to 3.61%

Thai Baht: Long policy hold supports fragile recovery – UOB.Thai Baht: Long policy hold supports fragile recovery – UOB

Japanese Yen gains modestly against the US Dollar after US PCE data meets expectations.Japanese Yen gains modestly against the US Dollar after US PCE data meets expectations

IMF: confident on Argentina repayment, even after staff flags exceptional risks.The International Monetary Fund is confident Argentina will keep paying what it owes ​the IMF, even as its own staff ‌report describes repayment capacity as subject to exceptional risks.

Canadian Dollar: BoC balances oil risks and weak growth – TD Securities.Canadian Dollar: BoC balances oil risks and weak growth – TD Securities

United States Kansas Fed Manufacturing Activity climbed from previous 9 to 19 in June.United States Kansas Fed Manufacturing Activity climbed from previous 9 to 19 in June

US Inflation Rises Above 4% and Adds to Fed Rate Hike Bets – PCE.The US personal consumption expenditures price index (PCE), Fed's preferred inflation gauge, rose 4.1% y/y in May from unrevised 3.8% previous month, in line with expectations.

United States EIA Natural Gas Storage Change registered at 76B above expectations (67B) in June 19.United States EIA Natural Gas Storage Change registered at 76B above expectations (67B) in June 19

HSBC: Three Headwinds Facing Pound Sterling.GBP/USD Forecast: HSBC Sees More Pound Weakness as Fed and Politics Weigh The Pound remains under pressure against the US Dollar, with HSBC warning that widening US-UK policy divergence and renewed UK political uncertainty are likely to keep GBP/USD on the defensive. GBP/USD traded near 1.3200 on Wednesday after falling to its lowest.

Canadian Dollar recovers as Oil prices rebound, US Dollar eases after PCE data.Canadian Dollar recovers as Oil prices rebound, US Dollar eases after PCE data

Crude Oil Price Analysis – Crude Oil Filling the War Gap.Crude oil markets are testing major support.

US Dollar: Rally extends as Fed repricing dominates – ABN AMRO.US Dollar: Rally extends as Fed repricing dominates – ABN AMRO

US: Personal Income and Spending Both Perk Up in May.Following a flat reading in April, personal income rebounded by 0.7% month-over-month (m/m) in May, ahead of market expectations for a 0.4% gain. The gain was driven by a firming in wages and salaries, and an increase in farm proprietors' income, reflecting an increase in payments from the American Relief Act of 2025.

The Euro: After the Sunset Comes the Dawn.The US dollar is on track to close the month with its biggest gain since July last year, thanks to the Fed's hawkish shift, gloomy European PMI figures and Christine Lagarde's dovish comments. As a result, the yield spread between US and German bonds is widening, triggering capital outflows and contributing to the fall in EURUSD over 5 of the last 6 trading days.

Risk Rebound Fails to Shake Dollar's Grip on Markets.Global forex markets turned notably quieter on Thursday as major currency pairs and crosses consolidated within Wednesday's ranges. The pause came despite a sharp improvement in risk sentiment after Micron delivered blockbuster quarterly earnings, easing concerns that this week's technology selloff had marked the beginning of a broader unwind in the AI trade.

Natural Gas Price Analysis – Natural Gas Continues to Stay in Range.Natural gas continues to hang around the 200-Day EMA on Thursday, as we are stuck in a range. Storage numbers could be a mover, but would take a shock.

Pound under pressure as UK leadership change clouds market outlook.The British pound was on track for its worst monthly performance against the dollar since July 2025 on Thursday, as fading interest rate support and renewed political uncertainty weighed on sterling. The decline comes in a week that marked the 10th anniversary of the Brexit vote and followed the resignation of Labour Prime Minister Keir Starmer, adding a fresh layer of uncertainty for investors already reassessing the outlook for UK monetary policy.

Brazil's central bank sees 2028 inflation close to target despite near-term pressures.Brazil's central bank on Thursday published updated inflation forecasts showing price increases near target by the end ​of 2028, even as projections worsened significantly through 2027 amid expectations ‌for resilient economic activity.

Russia Central Bank Reserves $: $743.8B vs $729.3B.Russia Central Bank Reserves $: $743.8B vs $729.3B

US Core PCE Rises to 3.4%, Income and Spending Top Expectations.The Federal Reserve's preferred inflation gauge accelerated in May as both consumer spending and personal income exceeded expectations, reinforcing the picture of a resilient US economy facing persistent price pressures. Personal income rose 0.7% mom, well above the expected 0.4% increase after being flat in April, while personal spending also advanced 0.7% mom, topping forecasts of 0.6% and accelerating from April's 0.4% gain.

US Durable Goods Orders Hit by Transportation, Underlying Demand Improves.US durable goods orders fell -4.5% mom in May, a smaller decline than the expected -4.7% drop, as a sharp pullback in transportation equipment orders offset continued strength elsewhere in the manufacturing sector. The decline followed April's 8.5% surge and was driven by a -14.0% fall in transportation equipment orders to USD 113.5B.