Learn / Market News

Market News

View the daily news commentary to obtain insight on the financial markets.

USD/INR drifts lower as Rupee rallies on easing geopolitical risks

June 24, 2025, 1:20:59 PM UTC
The USD/INR pair falls on Tuesday for a third consecutive day, as a pullback in global Crude Oil prices and a weaker Greenback improved the outlook for India’s trade balance.
Read

Canada Consumer Price Index - Core (MoM) fell from previous 0.4% to 0.2% in May

June 24, 2025, 1:17:32 PM UTC
Canada Consumer Price Index - Core (MoM) fell from previous 0.4% to 0.2% in May
Read

United States Redbook Index (YoY) dipped from previous 5.2% to 4.5% in June 20

June 24, 2025, 1:14:37 PM UTC
United States Redbook Index (YoY) dipped from previous 5.2% to 4.5% in June 20
Read

EUR/GBP Price Forecast: Bulls test key resistance as momentum indicators cool

June 24, 2025, 1:06:34 PM UTC
The Euro (EUR) is slipping against the Pound today, putting the brakes on a solid run that saw buyers firmly in control for nearly two weeks. The EUR/GBP cross is edging lower, trading around 0.8527 during the American trading hours, down about 0.40% on the day.
Read

United States Housing Price Index (MoM) below expectations (0.1%) in April: Actual (-0.4%)

June 24, 2025, 1:00:36 PM UTC
United States Housing Price Index (MoM) below expectations (0.1%) in April: Actual (-0.4%)
Read

United States S&P/Case-Shiller Home Price Indices (YoY) came in at 3.4%, below expectations (4.2%) in April

June 24, 2025, 1:00:02 PM UTC
United States S&P/Case-Shiller Home Price Indices (YoY) came in at 3.4%, below expectations (4.2%) in April
Read

USD/CAD edges lower as Canada’s inflation steadies in May

June 24, 2025, 12:58:52 PM UTC
The Canadian Dollar (CAD) is reacting to the latest Consumer Price Index (CPI) data released by Statistics Canada on Tuesday, which showed inflation steadying in May.
Read

Breaking: Powell reiterates Fed is well-positioned to wait to learn more about economy

June 24, 2025, 12:49:23 PM UTC
According to testimony prepared for delivery at a hearing before the House Financial Services Committee on Tuesday, Federal Reserve (Fed) Chairman Jerome Powell will reiterate that increased tariffs are likely to push up inflation and weigh on economic activity.
Read

Breaking: Canada CPI inflation holds steady at 1.7% in May as forecast

June 24, 2025, 12:35:42 PM UTC
Inflation in Canada, as measured by the change in the Consumer Price Index (CPI), remained unchanged at 1.7% on a yearly basis in May, Statistics Canada reported on Tuesday. This reading came in line with the market expectation.
Read

Canada Consumer Price Index (MoM) above forecasts (0.5%) in May: Actual (0.6%)

June 24, 2025, 12:30:53 PM UTC
Canada Consumer Price Index (MoM) above forecasts (0.5%) in May: Actual (0.6%)
Read

Canada BoC Consumer Price Index Core (MoM): 0.6% (May) vs 0.5%

June 24, 2025, 12:30:40 PM UTC
Canada BoC Consumer Price Index Core (MoM): 0.6% (May) vs 0.5%
Read

Canada Consumer Price Index (YoY) meets forecasts (1.7%) in May

June 24, 2025, 12:30:39 PM UTC
Canada Consumer Price Index (YoY) meets forecasts (1.7%) in May
Read

Canada BoC Consumer Price Index Core (YoY) unchanged at 2.5% in May

June 24, 2025, 12:30:36 PM UTC
Canada BoC Consumer Price Index Core (YoY) unchanged at 2.5% in May
Read

United States Current Account registered at $-450.2B, below expectations ($-440B) in 1Q

June 24, 2025, 12:30:12 PM UTC
United States Current Account registered at $-450.2B, below expectations ($-440B) in 1Q
Read

Copper market tight at the short end, and in the medium term? – Commerzbank

June 24, 2025, 12:12:03 PM UTC
The significant decline in available Copper stocks registered on the LME is also having an impact on the Copper market: The forward curve at the front end is in massive backwardation; the spot price for a ton of Copper climbed back above $10,000 yesterday, bringing the premium on the 3-month contrac
Read

JPY outshines G10 on policy shift – Scotiabank

June 24, 2025, 12:05:44 PM UTC
The Japanese yen (JPY) is strengthening sharply, climbing 0.8% against the US Dollar (USD) and outperforming most G10 currencies, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.
Read

Mexico 1st half-month Inflation below forecasts (0.12%) in June: Actual (0.1%)

June 24, 2025, 12:00:41 PM UTC
Mexico 1st half-month Inflation below forecasts (0.12%) in June: Actual (0.1%)
Read

Mexico 1st half-month Core Inflation came in at 0.22%, above forecasts (0.18%) in June

June 24, 2025, 12:00:10 PM UTC
Mexico 1st half-month Core Inflation came in at 0.22%, above forecasts (0.18%) in June
Read

GBP is ignoring softer CBI sentiment – Scotiabank

June 24, 2025, 11:56:21 AM UTC
Pound Sterling (GBP) is up a notable 0.6% vs. the US Dollar (USD), extending Monday’s impressive gains and pushing back toward its recent multi-year high from mid-June, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.
Read

CAD underperforms but charts point to recovery – Scotiabank

June 24, 2025, 11:54:07 AM UTC
The Canadian Dollar (CAD) is tracking a little higher on the session, with the broader drop in the USD and rebound in risk appetite overshadowing the sharp slide in crude oil prices, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.
Read

EUR/USD consolidates near high in risk on markets with Fed Powell on focus

June 24, 2025, 11:48:08 AM UTC
The EUR/USD has been moving in a tight range around 1.1600 on Tuesday's European session, buoyed by a risk appetite, despite accusations of ceasefire violations in the Middle East.
Read

Gold price resilient thanks to speculation about US interest rate cuts – Commerzbank

June 24, 2025, 11:41:07 AM UTC
While the Oil price fell significantly after Iran's counterattack, which was widely seen as symbolic rather than a step towards further escalation of the conflict, the Gold price remained resilient yesterday, Commerzbank's Head of FX and Commodity Research Thu Lan Nguyen notes.
Read

Pound Sterling reclaims three-year high against USD after Israel-Iran ceasefire

June 24, 2025, 11:40:19 AM UTC
The Pound Sterling (GBP) extends its Monday’s upside move to near 1.3630 against the US Dollar (USD) during European trading hours on Tuesday.
Read

US Dollar Index (DXY) consolidates losses below 97.80 with Fed's Powell on focus

June 24, 2025, 11:36:40 AM UTC
The US Dollar is one of the worst performers on Tuesday, hammered by weaker demand for safe assets, after the ceasefire between Israel and Iran and higher hopes for further Fed easing in the coming months.The DXY, which measures the value of the US Dollar against the world’s six most traded currenci
Read

EUR is extending Monday’s recovery gains – Scotiabank

June 24, 2025, 11:32:20 AM UTC
The Euro (EUR) is up a modest 0.2% vs. the US Dollar (USD), consolidating around 1.16 and threatening a break of its recent multi-year high, Scotiabank's Chief FX Strategists Shaun Osborne EUR and Eric Theoret report.
Read

Dow Jones futures advance on Israel-Iran truce, increase in Fed dovish bets

June 24, 2025, 11:31:39 AM UTC
Dow Jones futures gain sharply during the European trading session on Tuesday due to multiple tailwinds: ceasefire between Israel and Iran, and dovish commentary from a slew of Federal Reserve (Fed) officials, including Fed Vice Chair Michelle Bowman, Governor Christopher Waller, and Chicago Fed Pre
Read

USD slides as gulf concerns ease – Scotiabank

June 24, 2025, 11:24:58 AM UTC
While the 'ceasefire' between Israel and Iran declared by President Trump yesterday looks fragile—Israel is reportedly ordering a new strike on Iran after an alleged breach of the truce—markets continue to trade as if the conflict is over.
Read

Silver Price Forecast: XAG/USD has a key support level at $35.50

June 24, 2025, 10:57:04 AM UTC
Silver (XAG/USD) is bouncing up from a key support area at $35.50 on Tuesday, following a three-day reversal from multi-year highs at $37.35.
Read

Gold Price Forecast: XAU/USD slides below 20-day EMA as Israel-Iran call ceasefire

June 24, 2025, 10:36:18 AM UTC
Gold price (XAU/USD) plummets to near $3,320 during the European trading session on Tuesday. The yellow metal faces a sharp selling pressure as safe-haven assets are underperforming after the announcement of a ceasefire between Israel and Iran.
Read

Kazakhstan still producing far too much oil in June – Commerzbank

June 24, 2025, 10:22:06 AM UTC
Kazakhstan's overproduction is probably the main reason for the OPEC+ change in production strategy and the rapid reversal of voluntary production cuts, Commerzbank's commodity analyst Barbara Lambrecht notes.
Read

There is a high level of risk in Margined Transaction products, as Contract for Difference (CFDs) are complex instruments and come with a high risk of losing money rapidly due to the leverage. Trading CFDs may not be suitable for all traders as it could result in the loss of the total deposit or incur a negative balance; only use risk capital.

ATC Brokers Limited (United Kingdom) is authorised and regulated by the Financial Conduct Authority (FRN 591361).

ATC Brokers Limited (Cayman Islands) is authorised and regulated by the Cayman Islands Monetary Authority (FRN 1448274).

Prior to trading any CFD products, review all the terms and conditions and you should seek advice from an independent and suitably licensed financial advisor and ensure that you have the risk appetite, relevant experience and knowledge before you decide to trade. Under no circumstances shall ATC Brokers Limited have any liability to any person or entity for any loss or damage in whole or part cause by, resulting from, or relating to any transactions related to CFDs.

Information on this site is not directed at residents in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.

United States applicants will need to qualify as an Eligible Contract Participant as defined in the Commodity Exchange Act §1a(18), by the Commodity Futures Trading Commission for the application to be considered.

© 2025 ATC Brokers. All rights reserved