EUR/USD Option Expiry at 1.1400 Ahead of US CPI
A notable EUR/USD option expiry at 1.1400 could influence price action before traders shift focus to US inflation data.
Breaking news from trusted financial sources. Central bank decisions, economic data releases, and expert analysis.
A notable EUR/USD option expiry at 1.1400 could influence price action before traders shift focus to US inflation data.
Oil futures have seen a significant rise this month, driven by escalating geopolitical tensions surrounding the Strait of Hormuz.
Financial markets are closely watching the US Consumer Price Index (CPI) report for June, with inflation data influencing central bank expectations.
Asian currencies showed mixed movements as robust Chinese trade data and hawkish RBNZ comments influenced market sentiment.
China's trade figures for June significantly exceeded expectations, driven by strong export performance and a notable increase in imports.
New Zealand Dollar gained after RBNZ Chief Economist Conway reiterated the central bank's commitment to combat inflation.
The British Pound showed strength against the US Dollar in Asian trading, with potential gains tempered by Middle East geopolitical concerns.
Economists anticipate a headline decline in US June CPI, primarily due to lower gasoline costs, but core inflation metrics remain a concern for the Fed.
China reported a significant acceleration in export growth for June 2026, with year-over-year figures considerably exceeding analyst forecasts.
US Central Command announced new strikes against Iranian military facilities, with over 50,000 US personnel deployed in the Middle East.
Silver prices extended declines for a third day, influenced by a stronger US dollar and increased bets on further Federal Reserve interest rate hikes.
Iran's IRGC stated it disabled two supertankers in the Strait of Hormuz for alleged navigation violations and ignoring warnings.
Gold prices declined to a two-week low as surging oil prices fueled expectations of further interest rate hikes by the Federal Reserve.
Australian business confidence and conditions saw improvement in June, though some data points may not reflect recent market shifts.
The European Union has implemented new sanctions targeting gold from Sudan, aiming to disrupt a key funding source for the ongoing conflict.
Australian business confidence notably improved in June, signaling a potential shift in economic sentiment among local enterprises.
The Japanese Yen's recent rally against the US Dollar has fully unwound amidst skepticism regarding potential shifts in GPIF asset allocation.
Two UAE-flagged tankers were reportedly hit by Iranian cruise missiles in the Strait of Hormuz, according to the UAE Ministry of Defence.
Gold experienced a decline, trading near $3,995 in early Asian session, influenced by rising US-Iran tensions and upcoming US CPI data.
UK retail sales growth eased in June, despite boosts from warm weather and sporting events, signaling a potential slowdown in underlying consumer demand.
RBNZ Chief Economist Paul Conway indicated the central bank is not considering tighter policy, anticipating inflation's return to 2% over the medium term.
Commerzbank analysis suggests China's economic trajectory is settling into an L-shaped stagnation, marked by regional divergence.
New Zealand's central bank chief economist emphasized a unanimous commitment to returning inflation to its 2% medium-term target.
Iranian missiles struck two UAE tankers in the Strait of Hormuz, causing casualties and raising concerns about broader regional conflict.
Real-time quotes powered by TradingView