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NZD/USD bounces back after testing the June low (0.6923), with the RBNZ widely expected to keep the official cash rate (OCR) at the record low of 0.25%.

The Dollar surged more than 3.7% off the May low with the index now stalling at key technical resistance- These are the levels that matter on the DXY weekly chart.

It’s the most important week of the month.

Gold prices put in their worst month in over four years in June, and tomorrow brings inflation data with Powell speaking later in the week. Buckle up.

USD/CAD may face range bound conditions ahead of the BoC interest rate decision as the central bank is slated to update its quarterly Monetary Policy Report (MPR).

South Africa extends level 4 lockdown restrictions, violent protests intensify as economic outlook worsens

Softer commodity prices have contributed to a slower start to the week for the UK index as traders look to UK inflation data on Wednesday

Much like the end of Q1, GBP/USD is closing Q2 on a rather sour note. The pair rejected 1.4240-50 yet again, making it look increasingly like a double top.

Sterling trades flat against the US dollar in early turnover but has picked up against the Euro after the ECB said it may change its policy in July.

Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger EUR/GBP-bearish contrarian trading bias.