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Euro Holds Gains Against Japanese Yen Amid Hawkish Ecb Rate Outlook
The EUR/JPY cross posts modest gains around 184.90 during the early European session on Thursday. The Euro (EUR) strengthens against the Japanese Yen (JPY) amid hawkish signals by European Central Bank (ECB) officials.
11 hours ago
Boe's Breeden: We Can’t Wait Forever, But We Don’t Need to Do It in June or July
Bank of England (BoE) Deputy Governor Sarah Breeden said that the central bank is in a good place to be able to watch what’s happening in the economy, the Financial Times reported on Thursday. Breeden added that the BoE can’t wait forever, but it doesn’t need to do it in June or July.
11 hours ago
Chinese Yuan Reaches Three-Month Highs as Trump-Xi Meeting Begins
USD/CNH continues its losing streak that began on April 30, reached a 39-month low of 6.7815, and is now trading around 6.7850 during the Asian hours on Thursday. Traders adopted a cautious stance as the high-stakes summit between Presidents Donald Trump and Xi Jinping began in Beijing.
11 hours ago
Ethereum Price Forecast: Spot selling pressures ETH, but dip-buying could provide support
Ethereum (ETH) is facing increasing selling pressure on the spot side following signs of cracks in US-Iran peace talks. With Oil prices surging higher, the top altcoin has failed to recover the $2,300 key level on Wednesday.
16 hours ago
Euro Recovers Above 1.1700 as ECB Rate Hike Expectations Counter Stronger US PPI
The EUR/USD pair recovers some lost ground to near 1.1720 during the early Asian session on Thursday. The Euro (EUR) edges higher against the US Dollar (USD) on hawkish signals by European Central Bank (ECB) officials.
16 hours ago
Indian Rupee Ticks up as Centre Hikes Import Duty on Gold and Silver to 15%
The Indian Rupee (INR) exhibits mild strength against the US Dollar (USD) in the opening session on Wednesday. The USD/INR pair trades mildly lower to near 95.60 as the Indian Rupee gains, following the increase in import duty on Gold and Silver to 15% from 6% by the Indian government.
Wed, May 13
British Pound seems vulnerable near two-week low vs USD; GBP/USD holds above 1.3500
The GBP/USD pair struggles to capitalize on the previous day's late bounce from the 1.3500 psychological mark, or a nearly two-week low, and oscillates in a narrow band during the Asian session on Wednesday.
Wed, May 13
Silver Price Forecast: XAG/USD advances to near $87.00 on rising industrial demand
Silver price (XAG/USD) continues its winning streak for the sixth successive day, trading around $86.80 per troy ounce during the Asian hours on Wednesday.
Wed, May 13
Japanese Yen remains subdued despite hawkish tone surrounding BoJ’s policy outlook
USD/JPY extends its gains for the third successive day, trading around 157.70 during the Asian hours on Wednesday.
Wed, May 13
Pound Sterling Slipped After Hot US CPI With PPI Still Ahead
GBP/USD lost about 0.7% on Tuesday, sliding from prior session highs near 1.3650 to test the 1.3500 round figure before a modest late-session rebound.
Wed, May 13
WTI Crude Oil rallies (again) as Trump rejects Iran peace proposal
Wednesday's EIA inventory data will test how tight US crude supply has become amid the prolonged Hormuz closure.
Wed, May 13
Gold Edges Higher Above $4,700 Despite Hotter US Inflation, Trump–xi Summit in Focus
Gold price (XAU/USD) trades with mild gains near $4,720 during the early Asian session on Wednesday. However, the potential upside for the precious metal might be limited due to hotter-than-expected US inflation and shifting geopolitical tensions.
Wed, May 13
US President Donald Trump Says Iran Must Make Deal or Face Renewed Attacks
US President Donald Trump said that “we have Iran very much under control.” But also reiterated that “we’re either going to make a deal, or they’re going to be decimated,” the New York Times reported on Tuesday.
Wed, May 13
Indian Rupee Slumps to Fresh All-Time Lows on Renewed US-Iran Tensions
The Indian Rupee (INR) slumps to a fresh all-time low against the US Dollar (USD) in the opening session on Tuesday.
Tue, May 12
Asian Stocks Wobble Amid Iran Ceasefire Risks, Ahead of US Inflation Data
Asian stock markets trade mixed on Tuesday as investors remain on edge amid fading hopes for a US-Iran peace deal and de-escalation of tensions in the Middle East.
Tue, May 12
WTI drifts higher above $95.50 on US-Iran tensions, Strait of Hormuz disruption fears
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $95.70 during the early Asian trading hours on Tuesday. The WTI price edges higher amid renewed geopolitical tensions in the Middle East.
Tue, May 12
Euro Softens Below 1.1800 on US-Iran Ceasefire Risks, Traders Await US CPI Data
The EUR/USD pair loses ground to near 1.1775 during the early Asian session on Tuesday. The Euro (EUR) softens against the US Dollar (USD) as traders turn cautious ahead of the US April inflation report and ongoing geopolitical tensions in the Middle East.
Tue, May 12
Euro Holds Losses Around 1.1750 Due to Growing Risk Aversion
EUR/USD gains ground after opening at a gap-down, still holding daily losses near 1.1750 during the Asian hours on Monday. The pair remains in the negative territory as the US Dollar (USD) remains firm amid growing risk aversion.
Mon, May 11
Silver Price Forecast: XAG/USD jumps above $81.50 on strong industrial demand
Silver price (XAG/USD) rises to near $81.50 during the early Asian trading hours on Monday. The white metal extends the rally amid rising demand from industrial applications. Traders will closely monitor the developments surrounding the US-Iran peace deal for fresh impetus.
Mon, May 11
China’s Gold-buying spree continues with Hong Kong ETFs hitting records
China continued to lead Asia’s push into Gold buying via Exchange-Traded Funds (ETFs) in April, with Hong Kong registering its highest inflows ever, as Gold prices stabilized after a major pullback in March.
Mon, May 11
