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Thursday, June 26, 2025

American Market Recap: Forexlive Americas FX news wrap: Rough day for the US dollar but some late life

Forexlive Americas FX news wrap: Rough day for the US dollar but some late life

US initial jobs claims 236K versus 245K estimate US May trade balance -96.59B vs -88.50B expected US Q1 final GDP -0.5% vs -0.2% expected US May durable goods orders +16.4% vs +8.5% expected US May ad... 

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Crude oil corrected higher today, but stalled near 50% midpoint near $66.33

Crude oil settled at $65.24 , up $0.32 on the day. The market traded between a low of $64.70 and a high of $66.39 , with the session high coming just above a key technical level —the 50% midpoint of t... 

Can the major broader indices make the push to record closes?

With 45 minutes left in the trading day, shouting distance of record closes. For the S&P index its record close is that 6147.43. The current price is at 6138.25 after reaching a high today of 6144... 

Mexican central bank lowers benchmark rate by 50 basis points, as expected

USD/MXN daily Decision was not unanimous One vote was for unchanged Looking ahead, the board will assess further adjustments to the reference rate Previously the guidance had been more explicit about... 

GBPUSD makes a new high but backs off

GBPUSD trades above the 50% but only by a pip or two. The GBPUSD pushed to a new session high of 1.3770 , briefly surpassing both the earlier high at 1.3764 and the 50% retracement of the decline from... 

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FX option expiries for 26 June 10am New York cut

There are a couple of large ones to take note of on the day, as highlighted in bold . The first being a set of expiries for EUR/USD from 1.1600 through to 1.1700. The larger and more prominent ones ar... 

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