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Silver Price Forecast: XAG/USD edges lower below $70.00 as bearish bias holds under 100-day SMA
Silver Price (XAG/USD) trades in negative territory around $69.85 during the early European trading hours on Tuesday. The white metal retreats from a weekly high as traders book some profits ahead of the US Federal Reserve (Fed) interest rate decision.
Fxstreet
Tue, Jun 16
Australian Dollar holds losses following RBA decision
AUD/USD pares its recent gains from the previous day, trading around 0.7050 during the Asian hours. The pair remains subdued as the Australian Dollar (AUD) struggles to shake off losses following the Reserve Bank of Australia’s (RBA) latest monetary policy update.
Fxstreet
Tue, Jun 16
Australian Dollar retreats against New Zealand Dollar as RBA leaves rates steady at 4.35%
The Australian Dollar (AUD) falls back to near 1.2150 from its intraday high of 1.2168 against the New Zealand Dollar (NZD) after the Reserve Bank of Australia’s (RBA) monetary policy announcement.
Fxstreet
Tue, Jun 16
British Pound inches lower amid market caution ahead of US-Iran deal updates
GBP/USD loses ground after registering minor gains in the previous day, trading around 1.3400 during the Asian hours on Tuesday. The pair inches lower as the US Dollar (USD) receives support from the market caution ahead of further developments regarding US-Iran peace talks.
Canadian Dollar steadies as US Dollar holds ground amid market caution
USD/CAD remains stronger for the fourth successive day, trading around 1.3990 during the Asian hours on Tuesday. The pair is holding its ground as the US Dollar (USD) stabilizes ahead of further developments regarding US-Iran peace talks.Japanese Yen drifts higher ahead of BoJ rate decision
The USD/JPY pair declines to around 160.15 during the Asian trading hours on Tuesday. The Japanese Yen (JPY) strengthens against the US Dollar (USD) following a deal to reopen the Strait of Hormuz. All eyes will be on the Bank of Japan (BoJ) interest rate decision later on Tuesday.
Fxstreet
Tue, Jun 16
Euro edges higher to near 1.1600 on US-Iran Strait of Hormuz deal
The EUR/USD pair trades in positive territory around 1.1590 during the early Asian session on Tuesday. A deal to reopen the Strait of Hormuz spurred a rally in riskier assets such as the Euro (EUR) against the US Dollar (USD).
Fxstreet
Tue, Jun 16
British Pound Sterling's peace rally round-trips ahead of the Fed
GBP/USD opened the new week with a sharp risk-on pop toward 1.3450 as a US-Iran ceasefire and the reopening of the Strait of Hormuz sent Crude Oil tumbling and lifted risk-sensitive currencies. The entire move then unwound, leaving the pair back near 1.3400, almost exactly where it started.Fxstreet
Mon, Jun 15
The Bank of Japan can't save the Japanese Yen
USD/JPY is grinding into the Bank of Japan's (BoJ) June meeting above the 160.00 handle, a whisker from multi-decade highs, while the central bank meant to defend the Yen prepares to raise rates to a three-decade high without lifting the currency at all.Fxstreet
Mon, Jun 15
Australian Dollar advances as Hormuz breakthrough sinks USD and Oil
The Australian Dollar registered gains of over 0.37% on Monday as the US and Iran agreed on a Memorandum of Understanding (MOU) aimed at ending the conflict and setting the stage for talks about Tehran’s nuclear program.Fxstreet
Mon, Jun 15
USD/CHF Price Forecast: Retreats as inverted head-and-shoulders remains intact
USD/CHF retreats by over 0.34% on Monday amid most G8 FX currencies appreciating against the US Dollar as the Middle East conflict eases following the US and Iran agreeing to a peace deal. The pair trades at 0.7943, after reaching a high of 0.7968.Fxstreet
Mon, Jun 15
Australian Dollar rebounds as softer US Dollar supports risk sentiment
The AUD/USD pair rebounds near the 0.7080 region on Monday amid improved risk sentiment following reports of a preliminary United States (US)-Iran peace agreement. At the time of writing, the Australian Dollar (AUD) rises 0.46% against the US Dollar (USD), hitting its highest level in a week.Fxstreet
Mon, Jun 15
Euro holds firm as traders assess US-Iran peace deal, Fed decision looms
EUR/USD holds firm on Monday as the US-Iran peace deal boosts risk appetite, reducing safe-haven demand for the US Dollar (USD). At the time of writing, the pair trades around 1.1598 after hitting an intraday high of 1.1662.Fxstreet
Mon, Jun 15
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