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US President Donald Trump says Board of Peace has reached agreement for disarmament of Hamas
US President Donald Trump claimed his Board of Peace has reached an “historic agreement for the complete disarmament of Hamas and all other armed groups in Gaza,”the Guardian reported on Friday.
Fxstreet
Fri, Jul 31
Saudi Arabia announces maritime defence alliance to protect Red Sea
Saudi Arabia and 13 other countries announced the creation of an international coalition to safeguard freedom of navigation through the Bab al-Mandeb Strait, the Red Sea and the Gulf of Aden, Reuters reported on Thursday.Fxstreet
Thu, Jul 30
Gold edges higher above $4,100 as traders trim Fed hike bets
Gold price (XAU/USD) gains momentum to around $4,110 during the early Asian session on Friday. The precious metal edges higher as traders reduce their bets on interest rate hikes a day after Federal Reserve (Fed) Chair Kevin Warsh offered little clarity on policy.
Fxstreet
Thu, Jul 30
Gold jumps as suspected Yen intervention crushes Dollar, Fed bets ease
Gold price advances some 0.92% on Thursday after the US Dollar drops following a suspected intervention in the foreign exchange markets, with the Japanese Yen hitting a near two-month high versus the Greenback. The XAU/USD trades at $4,100 after bouncing off the low of the day (LOD) at $4,028.Fxstreet
Thu, Jul 30
Crude Oil is pricing a Hormuz deal, not a peace deal
Crude Oil is lower on Thursday even as the war that sets its price reached a country it had spared for five months. WTI trades just above the $82.00 handle, down more than 1.5%, and Brent holds just above $86.50 with a near-identical loss after both gave back a chunk of Wednesday's rally.Gold caught between softer US Dollar and rising Treasury yields, US PCE awaited
Gold (XAU/USD) remains trapped in its month-old $4,000-$4,200 range as the Federal Reserve’s (Fed) new era of limited forward guidance fails to shake the precious metal out of its sideways grind after policymakers left interest rates unchanged at 3.50%-3.75%.Fxstreet
Thu, Jul 30
Silver Price Forecast: XAG/USD turns upside down amid soaring US Treasury Yields
Silver price (XAG/USD) gives back its early gains and turns negative on Thursday. The white metal trades 0.7% lower at around $57.25 in the European trade after a positive start, which led to hitting an intraday high at $58.65.Fxstreet
Thu, Jul 30
Yemen's Houthis reportedly considering fees for ships sailing through Red Sea
Yemen’s Iran-backed Houthi rebels are considering imposing fees on commercial ships sailing through the southern Red Sea, Reuters reported on Wednesday. This development came a week after the Houthi declared a naval blockade on Saudi Arabia.Featured Tools
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