Daily Global Market Update

The British Pound gained against the US dollar, while Bitcoin reversed its gains and closed lower. Oil prices continued to climb, and the Australian dollar saw a minor increase. Global stocks dipped after US inflation data, potentially impacting future interest rate decisions.

Moneta Markets | 711 days ago

Pound's Gains Against the Dollar

The GBP/USD pair saw an increase of 0.4% in the last session. According to the CCI, we are currently in an overbought market.

Bitcoin's Volatility

The Bitcoin/USD pair declined by 0.4% after initially rising as much as 2.7% during the session. The Rate of Change (ROC) indicator is giving a negative signal.

Oil's Upward Trend

The oil market saw a 0.5% increase in the last session. The Stochastic RSI indicates a positive outlook.

AUD/USD's Minor Correction

The AUD/USD pair saw a slight upward correction, gaining 0.1% in the last session. The MACD is currently indicating a positive trend.

Global Financial Headlines

Coinbase is set to release a new version of its crypto wallet, enhancing accessibility across platforms. Meanwhile, global stock indices dipped, and bond yields fell following US inflation data, potentially influencing future interest rate cuts. Concurrently, oil prices have risen, with Brent oil reaching above $85 a barrel.

Upcoming Economic Highlights

Here's a brief rundown of today's anticipated economic releases:

• Japan's Capacity Utilization - 0430 GMT

• Japan's Industrial Production - 0430 GMT

• UK CFTC GBP NC Net Positions - 1930 GMT

• Eurozone's Euro Group Meeting - 0700 GMT

• US Producer Price Index - 1230 GMT

• US Michigan Consumer Sentiment Index - 1400 GMT

Moneta Markets

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Hawkish Fed Supports Dollar as Oil Weakness and Political Risks Pressure Major Currencies | 23rd June, 2026

The US Dollar remained dominant as expectations of a hawkish Federal Reserve supported demand for the Greenback. Improving US-Iran relations and the lifting of sanctions on Iranian oil exports increased global supply expectations, pressuring crude oil prices. Meanwhile, political uncertainty in the UK and weaker commodity markets weighed on the Pound, Canadian Dollar, and Australian Dollar.

Moneta Markets | 15h 55min ago

Technical Outlook on GBP/USD, EUR/USD, GOLD

Gold falls after hawkish Fed; US Core PCE could dictate the next move. Dollar dominance drags EUR/USD to three-month lows; Flash PMIs to gauge economic momentum. GBP/USD steadies as leadership transition boosts stability expectations.

XM Group | 1 day ago

The dollar outperforms its rivals

The US dollar opened the week with a gap up against the backdrop of escalating geopolitical tensions in the Middle East, expectations of accelerating inflation in the US and weakness in rival currencies.

FxPro | 1 day ago

Eyes on US-Iran Talks as Market Weighs Possible Resignation of UK PM

This week focuses on inflation and growth concerns, with the US PCE Price Index and global PMI figures impacting policy expectations. Highlights include Eurozone Consumer Confidence (expected to improve but still negative) and Canada CPI (forecast at 3.0%, up from 2.8%).

ATFX | 1 day ago

GBPUSD Awaits Bank of England Meeting Near April Lows

GBPUSD is attempting to stabilise near 1.3317 on Thursday morning. The pound sterling barely reacted on Wednesday to weaker-than-expected UK inflation data. Investors preferred to take a wait-and-see approach ahead of today’s labour market statistics and the Bank of England meeting.

RoboForex | 5 days ago

US-Iran Peace Deal Weighs on Dollar as Commodity Currencies Extend Gains | 18th June, 2026

Global markets stayed optimistic following the US-Iran peace agreement, weakening the US Dollar and boosting commodity-linked currencies such as the Australian and New Zealand Dollars. The Japanese Yen stabilized amid intervention concerns, while WTI crude held above $75. Investors now await Federal Reserve guidance and key economic data for the next market direction.

Moneta Markets | 5 days ago

ritish Pound Gains as US-Iran Peace Optimism Weighs on Dollar Ahead of Fed Decision | 17th June, 2026

Global markets remained cautious ahead of the Federal Reserve decision as improving sentiment from the US-Iran peace agreement weakened the US Dollar. The British Pound and New Zealand Dollar gained, the Canadian Dollar stayed resilient despite lower oil prices, and WTI crude remained pressured by expectations of increased global supply.

Moneta Markets | 6 days ago

BoJ Rate Hike Strengthens Yen While Weak China Data Pressures Australasian Currencies | 16th June, 2026

Asian markets were driven by the Bank of Japan’s 25-basis-point rate hike to 1.00%, its highest rate since 1995, boosting the Japanese Yen. Meanwhile, weak Chinese retail sales data pressured the Australian and New Zealand Dollars, raising concerns about regional growth. Investors are now focused on BoJ guidance, Chinese data, and Federal Reserve policy signals.

Moneta Markets | 7 days ago

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EURUSD	1.13811	GBPUSD	1.32002	AUDUSD	0.69151
USDJPY	161.545	USDCAD	1.42124	USDCHF	0.80935