From Investing.com: 2025-06-12 00:40:00

Global markets are reacting to softer US data and trade agreement optimism, putting pressure on the dollar. The DXY fell below 99.00 support level, potentially leading to a Fed rate cut in September. The EUR/USD is approaching 1.1500 resistance, while GBP/USD awaits UK data releases. USD/JPY struggles to sustain gains, and AUD/USD hit yearly highs. Oil prices surged above $68 on trade optimism, while gold rallied on dollar weakness. Silver is testing key support levels. Trade ideas suggest buying EUR/USD, XAU/USD, WTI crude, and AUD/USD under specific conditions.



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