[GVI Forex 2]

Market Update

Disconnects from weaker oil as firmer yields seem more of a factor

EURUSD:  Back on the defemsive but still above its 1.1417 low

US500: Back below 7500 after failing to hold above it

XTIUSD: Remains under pressure with eyes on peace talks

EURUSD                                 US500                                          XTIUSD

[GVI Forex 2]

Why yields matter…

Bond yields up, USD up (EURUSD at LOD), stocks struggling, disconnect with weaker oil

[GVI Forex 2]

Market Update

US stocks drop seemed to coincide with this post. It shows why I suggested caution until you see both sides singing the same tune.

[GVI Forex 2]

USDJPY 1 HOUR

Intertvention? As noted earlier, 160.72 is first line of support if 162 is defended.

[GVI Forex 2]

US stocks pop higher, oil dip seemed to coincide with Bessent comments (caution until you hear both sides singing the same tune)

Source: Try Newsquawk free for 7 days

[GVI Forex 2]

Market Update: US500 and NAS100

US stocks continue to find support on dips as seen by the bounce off an opening week dip.

NAS100 continues to lead and as long as 30K+ trades the record high at 30775 will be on the radar.

US500 is farther from its record 7624 high and needs to trade above 7500 for a better bid.

US500                                                         NAS100

[GVI Forex 2]

EURUSD took a hit on LaGarde.

(Right click on any image (or chart) to open a full screen in a new tab)

Source: Try Newsquawk free for 7 days

[GVI Forex 2]

CDA May CPI headline miss (higher)

Source: Try Newsquawk free for 7 days

[GVI Forex 2]

US PRE-MARKET MOVERS: GETY, AAPL, ASML, CRH, MP/USAR, RGNX, APGE, GOOGL

ES -0.1% NQ +0.1% RTY +0.2%

Right click on any image (or chart) to open a full screen in a new tab)

>Source: Try Newsquawk free for 7 days

[Adam Global]

ßitcoin trying to break $65K 

[Adam Global]

EURUSD is stabilising after dropping to a near three-month low. While price remains below key SMAs confirming a bearish structure, the 1.1450 support zone,

[Adam Global]

After dropping below 0.7040 following the Fed decision, AUDUSD has been oscillating between that barrier and 0.6980. Overall, the pair is trading below all the plotted EMAs and the downtrena ine drawn from the high of May 13

[Adam Global]

The GER40 index has beer consolidating in the 24,700-25,200 area since June 15. Today, it is trying to surpass 25,000 with investors monitoring the progress in the US-Iran talks

[GVI Forex 2]

US bond yields: up

[GVI Forex 2]

Hope trade is back on but with more uncertainty than certainty.

Hopes for a gentle off-ramp to the U.S.-Iran war were always a bit optimistic despite last week’s release of a memorandum of understanding, and fresh threats over the weekend suggest there could be more back-and-forth ahead.

However, a seemingly successful start to peace talks in Switzerland calmed energy markets on Monday, with Brent crude futures slipping back below $80 per barrel first thing… full story on Reuters Morning Bid

[GVI Forex 2]

Market Update: GBP

GBP finding support following the resignatiop of the UK PM with demand coming out of various crosses, specifically EURGBP (GBPJPY is up the most though),. Currently, market is having more difficulty absorbing the GBP buying than the offset EUR selling.

EURUSD                             EURGBP                             GBPUSD

[GVI Forex 2]

USDJPY DAILY

There are reports that USDJPY is close to a 40 year high but my charts do not go back that far.

161.80 is the most recent high and 162 is the pivotal round number/big figure with some assuming it may be the MOF/BoJ intervention line in the sand.

In any case, risk is on the upside, caution seen over an intervention risk, while only back below 160.72 and 159,53 would negate the current risk.

A note about intervention., It is harder to employ and succeed in reversing the trend when the dollar is trading in uptrends elsewhere.

[GVI Forex 2]

Newsquawk Daily US Opening News – 22nd June 2026

(Right click on any image (or chart) to open a full screen in a new tab)

Source: Try Newsquawk free for 7 days

[GVI Forex 2]

XAUUSD (GOLD) 4 HOUR

Showing some signs of life but needs to establish 4200 as support to give it a bid and then break 4321 to negate the risk to the downside.

[GVI Forex 2]

Forex Market Snapshot

USD up modestly with JPY the underperformer followed by AUD and NZD. GBP down slighlty but a modest overperformer following the expected resignation of the UK PM.

[GVI Forex 2]

Mixed bag to start the week, stocks edging up, USD UP modestly while crude oil is a easing in what appears to be a wait-and see market. See 4 hour charts.

EURUSD                                     US500                                        XBRUSD

[GVI Forex 2]

<Newsquawk Daily Asia-Pac Opening News – 22nd June 2026

• US and Iran talks opened in Switzerland on Sunday after US VP Vance arrived in Switzerland and the Iranian delegation led by chief negotiator Ghalibaf, which included Foreign Minister Araghchi, arrived on Saturday, while Pakistan’s Premier Sharif and military chief Munir travelled to Switzerland to join the US-Iran talks.
• Iranian delegation left the negotiation site in protest against statements by US President Trump, while Fars also reported that Iran reportedly halted talks with the US after Trump threatened strikes over Hezbollah’s actions in Lebanon. Iran said Trump’s threat is a blatant violation of the MoU and halted talks in Switzerland, while it is reviewing a response to Trump’s threats.
• US President Trump posted that UK PM Starmer will resign and that he failed on two very important subjects, which were immigration and energy, while Trump called for the opening of North Sea oil.
• Looking ahead, highlights include New Zealand Credit Card Spending, PBoC Loan Prime Rates.

Source: Try Newsquawk free for 7 days

[Mtl JP]

GBPUSD – slightly bigger than euro’s bearish gap
currently 3pip spread

[Mtl JP]

EURO – small-ish bear GAP
and 5pip spread

[ST London]

LONDON – Britain’s Observer newspaper said Prime Minister Keir Starmer was expected to resign on Monday and set ‌out a timetable for his departure, though a government source said Starmer remained focused on getting on with the job of governing….(Reuters)

[Mtl JP]

Good or Bad news for the GBP ?
“UK PM Starmer expected to resign on Monday” – virious msm

That would be 1rst of 3 to POOF!
— the other two (order not important) at least: mertz and macron

[GVI Forex 2]

Newsquawk Week Ahead Highlights for 22nd-26th June 2026

Newsquawk Week in Focus 22nd-26th June 2026: Highlights include: US PCE, Canadian CPI, EZ Flash PMI, Japanese Tokyo CPI and Banxico

See detailed previews

[GVI Forex 2]

BTCUSD 4 HOUR

Hope for the bulls?

Pause above 62K checks the downside but needs to be followed by a move above 64738 to break momentum and shift the focus and shift the risk to 65=67K

[GVI Forex 2]

Market Update

US holiday shortened end to the week going out with a whimper. Crude oil ticking up, USD seeing limited follow through, US stocks (CFDs, cash closed) has US500 staying below 7500 while NAS100 holding above 30K

EURUSD                                   US500                                           XBRUSD

[Mtl JP]

some gumflapping at 10:30nyt
ECB’s Moulin
ECB’s Lane

[Author]

Posts