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Gold Price Forecast: XAU/USD rises near $3,400, remains supported by Middle East tensions
Gold price (XAU/USD) trades 0.4% higher to near $3,400 during European trading hours on Tuesday. The yellow metal edges up as demand for safe-haven assets remains firm amid conflicts in the Middle East.
Tue, Jun 17

US Dollar Index (DXY) recovery loses steam above 98.00 despite the risk-off mood
Fears of an escalating war between Israel and Iran are boosting demand for safe havens on Tuesday, but the US Dollar is failing to draw any significant support from the context.
Tue, Jun 17

WTI extends upside above $70.50 ahead of US Retail Sales release
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $70.60 during the Asian trading hours on Tuesday. The WTI price edges higher amid persistent geopolitical risk in the Middle East. The American Petroleum Institute (API) weekly crude oil stock will be released later on Tues
Tue, Jun 17

JPY: BoJ to hold, but hike chances underpriced – ING
G10 central bank activity this week starts with the Bank of Japan, which is widely expected to keep rates at 0.5% overnight, ING's FX analyst Francesco Pesole notes.
Mon, Jun 16

Japanese Yen remains on the back foot ahead of the crucial BoJ policy meeting
The Japanese Yen (JPY) drifts lower for the second straight day on Monday, pushing the USD/JPY pair to the 144.75 area during the Asian session, albeit lacking follow-through.
Mon, Jun 16

Australian Dollar steadies following mixed economic data from China
The Australian Dollar (AUD) extends its losses against the US Dollar (USD) on Monday. The AUD/USD pair remains subdued for the second consecutive session due to escalating tensions in the Middle East.
Mon, Jun 16

WTI extends upside above $72.00 as Israel-Iran conflict deepens
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $72.15 during the Asian trading hours on Monday. The WTI price extends the rally to the highest since February after Israel attacked two natural gas facilities in Iran, raising fears that a wider war in the region could dis
Mon, Jun 16

BoJ to consider halving JGB taper pace from 2026
The Bank of Japan (BoJ) is considering reducing the pace of its Japanese government bond (JGB) tapering by half, beginning in April 2026, per the Japan News.
Mon, Jun 16

Israel and Iran resume missile strikes as conflict escalates
Iran launched a fresh attack on Israel late Sunday, with an explosion seen in the coastal city of Haifa. Israel began further attacks on military targets in Iran, despite international calls for diplomacy and de-escalation, per CNN.
Mon, Jun 16

USD/JPY jumps to near 144.00 while both currencies advance amid Middle East tensions
The USD/JPY pair climbs to near 144.00 during European trading hours on Friday after recovering early losses. The pair strengthens as the US Dollar (USD) outperforms across the board amid growing war tensions between Israel and Iran.
Fri, Jun 13

Japan’s Trade Negotiator Akazawa: Hopes for a deal with US to spare from higher auto tariffs
Bloomberg reported Japan's top trade negotiator Ryosei Akazawa saying on Friday that “generally speaking, if we reach a deal it should secure special treatment for Japan, and exclude it from rules that apply to most countries,” when asked about US President Donald Trump’s comments that indicated he’
Fri, Jun 13

EUR/USD retreats on risk aversion after Israel’s attack on Iran
The EUR/USD pair snaps a four-day rally on Friday, retreating from nearly four-year highs above 1.1600 to the lower range of the 1.1500s. Israel’s attack on Iran triggered a risk-averse market reaction, with investors rushing to safe assets like the US Dollar (USD).
Fri, Jun 13

Japanese Yen remains on the front foot as Middle East tensions rise
The Japanese Yen (JPY) advances to over a one-week high against its American counterpart during the Asian session on Friday and draws support from a combination of factors.
Fri, Jun 13

US Dollar Index falls below 98.50 as softer inflation data boost odds of Fed rate cuts
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is extending its losses for the second successive day and trading lower at around 98.40 during the Asian hours on Thursday.
Thu, Jun 12

Australian Dollar extends losses following Consumer Inflation Expectations data
The Australian Dollar (AUD) edges lower against the US Dollar (USD) on Thursday, extending its losses for the second consecutive day. However, the AUD/USD pair may appreciate as softer US inflation data have boosted bets of a Federal Reserve (Fed) rate cut in September.
Thu, Jun 12

Gold overtakes Euro as global reserve asset as central banks buy - Bloomberg
Gold has overtaken the Euro (EUR) as the second-largest asset in the reserves of the world’s central banks, driven by record purchases and rising prices, according to the European Central Bank (ECB).
Thu, Jun 12

US Pres. Trump: Our deal with China is done, subject to final approval
In a post published on Truth Social on Wednesday, United States (US) President Donald Trump said that the trade deal with China is done and added that it is subject to his and Chinese President Xi Jinping's final approval.
Wed, Jun 11

BoJ to keep interest rates unchanged through year-end - Reuters Poll
Most economists now expect the Bank of Japan will hold interest rates through year-end, a Reuters survey showed.At the time of writing, the USD/JPY pair is trading 0.11% higher on the day at 145.00.
Wed, Jun 11

Japanese Yen hangs near two-week low against a slightly firmer USD
The Japanese Yen (JPY) remains close to a nearly two-week low touched against its American counterpart the previous day, though any further decline seems elusive.
Wed, Jun 11

US appeals court allows US President Donald Trump tariffs to stay in place
A federal appeals court has ruled that US President Donald Trump’s broad tariffs can remain in effect while legal appeals continue, per Bloomberg.
Wed, Jun 11
