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Gold weakens as hawkish Fed outlook and Iran tensions support US Dollar
Gold (XAU/USD) attracts some sellers following the previous day's two-way price moves, though it manages to hold above the $4,500 psychological mark through the Asian session on Friday.
Gold
Fxstreet
Fri, May 22
WTI Price Forecast: 200-SMA on H4/trend line confluence near $95.00 holds the key
West Texas Intermediate (WTI) – the benchmark US Crude Oil price – remains on the back foot for the third consecutive day and trades around mid-$96.00s during the Asian session on Friday.
WTI
Fxstreet
Fri, May 22
Bitcoin Uptrend Remains Alive Despite Bearish Pressure Below $78,800
Bitcoin continues to show resilience despite mounting bearish pressure below the critical $78,800 resistance zone. While short-term volatility and repeated rejections have slowed bullish momentum, the broader market structure still indicates an active uptrend, as buyers continue to defend key suppor
NewsBTC
Fri, May 22
US President Donald Trump Will Swear in Kevin Warsh on Friday to Lead Fed
The US President Donald Trump administration said that Trump will swear in Kevin Warsh as the chair of the US Federal Reserve (Fed) on Friday at the White House, Reuters reported on Thursday.
Fxstreet
Fri, May 22
Iranian Official Says No Deal Has Been Reached Yet, but Gaps Have Narrowed
Senior Iranian officials said that no deal has been reached with the United States (US), but gaps have been narrowed, Reuters reported on Friday.
Fxstreet
Fri, May 22
Can the CLARITY Act Still Pass Before August Recess?
The CLARITY Act might be delayed until as late as 2030. Lawmakers have warned that if it does not pass before the August recess begins, there is an open-ended calendar on how far into the future the delays could stretch.
Cryptopolitan
Fri, May 22
Tokenized Money Market Funds Unlikely to Challenge Stablecoin Dominance — JPMorgan
Tokenized money market funds are gaining traction as yield-generating alternatives to stablecoins, but remain a minor segment of the broader digital asset ecosystem, according to a report from JPMorgan.
Fxstreet
Fri, May 22
British Pound trades flat as cooling UK inflation, Iran tensions cap upside
The GBP/USD pair holds steady around 1.3435 during the Asian trading hours on Thursday. However, a sharp slowdown in UK inflation and uncertainty surrounding US–Iran talks could weigh on the British Pound (GBP) against the US Dollar (USD).
GBP/USD
Fxstreet
Thu, May 21
Australian Dollar Softens to Near 0.7150 on Weak Pmis, US Iran Tensions
The AUD/USD pair loses ground to near 0.7150 during the early Asian session on Thursday. The downbeat Australian economic data and safe-haven flows weigh on the Australian Dollar (AUD) against the US Dollar (USD).
AUD/USD
Fxstreet
Thu, May 21
Japanese Yen Strengthens to Near 159.00 on Upbeat Japan GDP, Intervention Risks
The USD/JPY pair trades in negative territory around 158.95 during the early European trading hours on Wednesday.
USD/JPY
Fxstreet
Wed, May 20
Euro Dives as US Yields Overpower ECB Hike Bets
EUR/USD drops near 1.1600 on Tuesday as the Greenback recovers some ground, supported by soaring US Treasury yields, even though ECB officials opened the door to rate hikes at the June meeting. The pair trades with losses of 0.48% at the time of writing.
EUR/USD
Fxstreet
Wed, May 20
Pound Sterling Clings to Long-term Support as UK Labour Data Muddies the Boe Call
Tuesday handed the Pound a labour market reading that was mixed enough to satisfy nobody.
GBP/USD
Fxstreet
Wed, May 20
Gold Falls Below $4,500 on Rising Global Rate Hike Bets
Gold price (XAU/USD) faces some selling pressure near $4,480 during the early Asian session on Wednesday. The precious metal drops to its lowest since March 30 as persistent inflation fears keep interest rate hike expectations and Treasury yields high.
Gold
Fxstreet
Wed, May 20
Fed's Paulson: Rate Cuts Require Progress on Inflation
Federal Reserve (Fed) Bank of Philadelphia President Anna Paulson said that she favored leaving interest rates unchanged and conditioned lower borrowing costs on making sustained progress on inflation, Bloomberg reported on Tuesday.
Fxstreet
Wed, May 20
US President Donald Trump Says US May Strike Iran Again If There’s No Deal Soon
US President Donald Trump threatened to resume attacks on Iran in “two or three days” as part of the push for a deal to end the war, after he said he had just called off a US attack, Bloomberg reported on Tuesday.
WTI
Fxstreet
Wed, May 20
WTI Remains Stronger Around $102.00 Despite US Pausing Iran Strike
West Texas Intermediate (WTI) oil price gains ground for the fourth consecutive day, trading around $102.20 per barrel during the Asian hours on Tuesday.
WTI
Fxstreet
Tue, May 19
Pound Sterling Rides the Gilt Rout While Westminster Wobbles
Cable bottomed at the 1.33 handle in Asian trade and ground higher through London and New York to close back above the 1.34 handle, a session range of roughly 150 pips and a textbook reclaim of the 200-day exponential moving average on the daily chart.
GBP/USD
Fxstreet
Tue, May 19
Gold Rebounds Above $4,550 on Weaker US Dollar
Gold price (XAU/USD) recovers some lost ground from a one-and-a-half-month low to around $4,565 during the early Asian session on Tuesday. The precious metal edges higher amid a weaker US Dollar (USD).
Gold
Fxstreet
Tue, May 19
US President Donald Trump: If a Deal Prevents Nuclear Weapons, We Will Likely Be Satisfied
US President Donald Trump said that the United States (US) would be “probably satisfied” if it could reach an agreement with Iran that prevents Tehran from obtaining a nuclear weapon, the Guardian reported on Monday.
WTI
Fxstreet
Tue, May 19
Japanese Yen weakens as hawkish Fed bets drive USD higher
USD/JPY extends its gains for the sixth successive day, trading around 158.90 during the Asian hours on Monday. The US Dollar (USD) gains value against other currencies because the US Federal Reserve (Fed) is shifting toward a more aggressive stance on inflation.
USD/JPY
Fxstreet
Mon, May 18
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