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    DAILY MARKET ANALYSIS

    Stay on top of your trading with analyses of the latest market news.

    11 June 2024
    Aussie and kiwi weaken as U.S. risk events loom

    Key points: Australian and New Zealand dollars slip ahead of Fed meeting and U.S. inflation data. Support for Aussie dollar at $0.6580 and kiwi dollar at $0.6080. The Australian and New Zealand dollars faced pressure on Tuesday as traders prepared …

    10 June 2024
    Indonesian Rupiah hits 4-year low; Other Asian forex dip before key data

    Key points: Indonesian Rupiah reaches a four-year nadir, influencing broader trends in emerging Asian currencies. Jakarta stocks descend to their lowest point since November 2023, amid regional market pressures. The Indonesian Rupiah marked a new four-year low on Monday, declining …

    10 June 2024
    Euro hits one-month low following Macron’s snap French election call

    Key points: Euro drops sharply due to political uncertainties in France and a strong U.S. job report. Dollar strengthens, supported by expectations of delayed rate cuts by the Federal Reserve. The Euro experienced a decline, reaching a one-month low, as …

    10 June 2024
    Oil prices dip due to uncertainty on OPEC+ cuts and strengthening of USD 

    Key points:  Brent crude futures fell to $79.58, and WTI crude futures dropped to $75.49 per barrel.  Strong US jobs data pushed out expectations for interest rate cuts, strengthening the US dollar.  Call for snap legislative elections by Macron adds …

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