EURGBP looks well on its way to print fresh lows in Q3 as the Bank of England faces the toughest challenge out of all the major Central Banks. 0.8200 incoming?

Rand strength could be the top trade for Q3 2023 as USD/ZAR hit all time highs in Q2.

Spot Gold is enjoying a positive day as it appears the US Holiday may be working in the precious metals favor. A range breakout is required for a sustainable move in either direction.

USD/ZAR is trading 0.70% lower today as local commodities may have stronger demand after China announced they will be curbing key chip making exports.

There was a time when news of output cuts from Saudia Arabia and Russia would have given the oil market a serious boost. Now perhaps it only slows the fall.

Yen holding its ground at present as market participants remain wary of potential intervention. Range breakouts may provide some intraday opportunities.

Both the Dow and Nasdaq 100 have seen a revival in recent days, while the Nikkei’s bounce has stalled this morning.

GBP/USD is in for a restrained trading day as the US celebrates Independence Day, ahead of UK services PMI data and the FOMC Minutes.

The Australian Dollar collapsed after the RBA decided to keep the cash rate unchanged at 4.10%. The inflation gauges are now on centre stage for future rate moves. Where to for AUD/USD?