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Silver Price Forecast: XAG/USD falls to near $67.50 as oil, Fed hike fears weigh
Silver price (XAG/USD) remains subdued for the second successive day, trading around $67.70 per troy ounce during the Asian hours on Monday. The non-yielding white metal declines as renewed tensions in the Middle East drive oil prices higher and fuel concerns about inflation and interest rates.
Fxstreet
Mon, Jun 8
Euro edges higher above 1.1500 on ECB hike bets, traders eye on Middle East tensions
The EUR/USD pair gains momentum to around 1.1535 during the early Asian trading hours on Monday. Nonetheless, persistent geopolitical tension might cap the upside for the Euro (EUR) against the US dollar (USD).
Fxstreet
Mon, Jun 8
Japanese Yen holds below 160.00 following Q1 GDP data
USD/JPY moves little after registering modest gains in the previous day, trading around 160.30 during the Asian hours on Monday. With the currency pair holding firm above the critical 160.00 threshold, market participants remain highly alert to potential government intervention.
Fxstreet
Mon, Jun 8
Australian Dollar softens as Middle East tensions, stronger jobs report boost US Dollar
The AUD/USD pair remains under selling pressure near 0.7035 during the early Asian session on Monday. The Australian Dollar (AUD) extends the decline against the US Dollar (USD) amid escalating tensions in the Middle East and stronger-than-expected US economic data.Fxstreet
Sun, Jun 7
New Zealand Dollar plunges to two-month lows after upbeat US NFP report
NZD/USD falls sharply towards the 0.5790 region on Friday as the US Dollar (USD) strengthened following a stronger-than-expected Nonfarm Payrolls (NFP) report, while the New Zealand Dollar (NZD) struggled to attract buyers amid a cautious market mood.
Fxstreet
Fri, Jun 5
New Zealand Dollar heads for a 3% weekly loss as robust US payrolls data lifts the US Dollar
NZD/USD slips to its lowest level since April on Friday as the US Dollar (USD) receives fresh bids in the wake of solid US Nonfarm Payrolls (NFP) data. At the time of writing, the pair trades around 0.5800 and is heading for a weekly loss of nearly 3%.
Fxstreet
Fri, Jun 5
Canadian Dollar falls despite solid jobs data as US NFP beat forecasts
The USD/CAD pair rises and trades near the 1.3930 region on Friday as the US Dollar (USD) gains ground following a stronger-than-expected Nonfarm Payrolls (NFP) report, offsetting support from an equally impressive Canadian employment release.Fxstreet
Fri, Jun 5
Swiss Franc falls as US Dollar gains on stronger-than-expected NFP report
The Swiss Franc (CHF) weakens on Friday as the US Dollar (USD) outperforms its major peers following upbeat US labor market data. At the time of writing, USD/CHF is trading around 0.7955, climbing to a two-month high.
Fxstreet
Fri, Jun 5
Euro falls against Pound after Eurozone GDP data paints weaker growth picture
The Euro (EUR) slips against the British Pound (GBP) on Friday after a downward revision to Eurozone growth figures cast fresh doubt over the region's economic outlook. EUR/GBP trades around 0.8642 at the time of writing, pulling back after two days of gains.
Fxstreet
Fri, Jun 5
Japanese Yen: Policy support and intervention risk – BNY
BNY’s Bob Savage highlights that Japan’s government aims to strengthen the Japanese Yen by boosting long‑term competitiveness, while USD/JPY trades near 160. Authorities, including the Finance Ministry and BOJ, signal readiness to intervene and potentially raise rates if inflation risks rise.Fxstreet
Fri, Jun 5
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