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  • AUD/USD Faces 0.70 Breakdown If US Core CPI Tops 3% June 10, 2026
    AUD/USD is sitting on the edge of a cliff, and US inflation data may determine whether it falls. Global markets have struggled to regain their footing after last week’s selloff. Attempts to revive the AI trade have faded quickly, while concerns over persistent inflation and renewed US-Iran tensions continue to weigh on sentiment. The combination […]
    ActionForex
  • Gold (XAU/USD) Faces Persistent Selling Pressure June 10, 2026
    Gold (XAU/USD) fell to 4,174 USD per troy ounce on Wednesday, reaching its lowest level since late March. Pressure on the precious metal intensified following a new escalation of tensions in the Middle East. The US launched strikes against Iranian targets after reports that an American helicopter had been shot down. This latest development has […]
    RoboForex Ltd
  • Bitcoin $BTCUSD Elliott Wave Analysis: Forecasting the Path June 10, 2026
    Hello traders. In this technical article we’re going to look at the Elliott Wave charts of  Bitcoin (BTCUSD)   published in members area of the website. As our members know, we have been calling for the decline in BTCUSD since last year. The crypto market has continued to trade lower as expected. The main target area has […]
    Elliott Wave Forecast
  • Euro Stabilises After Sell-Off as Markets Await US CPI and Bank of Canada Meeting June 10, 2026
    The euro is showing signs of a modest recovery following a sharp decline triggered by a strong US employment report and increased demand for safe-haven assets amid escalating geopolitical tensions in the Middle East. Robust Nonfarm Payrolls data confirmed the resilience of the US labour market, allowing the dollar to strengthen against most major peers […]
    FXOpen
  • Sunrise Market Commentary June 10, 2026
    Markets Yesterday’s global market price action lacked a clear, unique narrative resulting in erratic-like trading throughout the session. Headlines on the conflict in the Middle-East/Iran again were far from consistent. President Trump announcing an end to (escalating) hostilities between Israel and Iran and hinting at a deal over the next days initially eased tensions. However, […]
    KBC Bank
  • Why US CPI and Pce Inflation Figures Diverge June 10, 2026
    US PCE inflation has outstripped CPI inflation in recent months (in contrast to historical trends). This was especially the case for core inflation. The divergence is caused by important weight differences between PCE and CPI inflation. As CPI measures price changes directly paid for by consumers, housing and vehicle prices have a higher weight in […]
    KBC Bank
  • Inflation Releases to Take Centre Stage as Central Bank Meetings Loom June 10, 2026
    In focus today Focus today will be on inflation releases from the US, Norway and Denmark. These figures will set the tone ahead of the ECB monetary policy meeting tomorrow, as well as the Norges Bank and Fed decisions next week. In the US, we forecast headline inflation at 0.6% m/m SA (4.3% y/y), slightly […]
    Danske Bank
  • Silver (XAGUSD) Elliott Wave View: $61.02 Level Holds Key to Potential Bearish Extension June 10, 2026
    Silver (XAGUSD) is approaching a decisive test as price nears the March 23, 2026 low at $61.02. A break beneath this level could trigger a deeper decline, potentially extending toward the 100% measured move from the January 29, 2026 all‑time high. If the sequence unfolds without truncation, the projected target may reach as low as […]
    Elliott Wave Forecast
  • Asia Open: Tech Rout and Geopolitical Volatility Ignite Risk-Off June 10, 2026
    Key takeaways Technology stocks remain under pressure as the AI trade undergoes a valuation reset. Semiconductor shares led another volatile session, with investors rotating capital away from existing tech winners amid concerns over stretched valuations and a growing pipeline of mega-sized IPOs, including SpaceX and OpenAI. Geopolitical uncertainty continues to drive market sentiment. Renewed US-Iran […]
    MarketPulse
  • Gold Approaches Make-or-Break $4,000 Zone as US-Iran Tensions Escalate June 10, 2026
    Gold’s selloff accelerated again as fresh headlines from the Middle East suggest the US and Iran are moving further away from a peace deal rather than closer to one. With the Strait of Hormuz still constrained and energy markets facing prolonged disruption, investors continue to focus on the inflation fallout. Persistent fears of higher-for-longer interest […]
    ActionForex
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