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Gold Price Forecast: XAU/USD eyes $4,000 and US GDP amid fresh US-Iran tensions
Gold is back in the red early Thursday, after failing to sustain above $4,100 for the fourth time th...
United States Dollar Index regains ground on further escalation in Middle East war
The US Dollar (USD) trades slightly positive in the Asian session on Thursday after a juggernaut fal...
US resumes strikes against Iran, targeting Qeshm Island
The US Central Command (CENTCOM) began launching strikes against Iran late Wednesday, retaliating ag...
Canada unveils plans for new oil pipeline to break dependence on US
Project to supply Asia with 1mn barrels per day is part of push to reduce over-reliance on US amid trade hostilities
China’s RatingDog Services PMI eases in June: What 54.1 means for Australian Dollar
China's Services Purchasing Managers' Index (PMI) declined to 54.1 in June from 54.4 in May, the latest data published by RatingDog showed on Friday.
Canadian Dollar declines on falling oil prices
USD/CAD inches higher after registering modest losses in the previous day, trading around 1.4190 during the Asian hours on Friday. The currency pair is holding its ground as a tug-of-war unfolds betwe ...
China RatingDog Services PMI fell from previous 54.4 to 54.1 in June
China RatingDog Services PMI fell from previous 54.4 to 54.1 in June
Nvidia revealed missing puzzle piece of its long-term strategy
Investors seem to be missing or misunderstanding the key details of Nvidia’s long-term strategy. We can see this in the stock's performance. Nvidia (NVDA) stock is up 5.94% year to date at the time of ...
Japanese Yen reverses modest Asian session losses against USD as intervention risks loom
The USD/JPY pair attracts fresh sellers following a modest Asian session uptick to the 161.50 region and turns lower for the second straight day on Friday.
Japan's Katayama: Ready to act appropriately on currency fluctuations
Japan’s Finance Minister Satsuki Katayama said on Friday that officials are ready to act appropriately on currency fluctuations. However, Katayama decllined to comment on specific currency levels.
PBOC sets USD/CNY reference rate at 6.8047 vs. 6.8088 previous
On Friday, the People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead at 6.8047 compared to the previous day's fix of 6.8088 and 6.7808 Reuters estimate.
British Pound strengthens to near 1.3350 as cooling US labor market weighs US Dollar
The GBP/USD pair trades with mild gains near 1.3350 during the early Asian trading hours on Friday. The US Dollar (USD) edges lower against the British Pound (GBP) on a weaker-than-expected US Nonfarm ...
WTI remains below $68.50 amid easing Middle East tensions
West Texas Intermediate (WTI) oil price inches lower after registering modest gains in the previous day, trading around $68.40 during the Asian hours on Friday. The global energy market is experiencin ...
Natural gas set to surpass oil as top U.S. energy source by 2030
Euro softens below 1.1450 as softer Eurozone inflation trims ECB hike bets
The EUR/USD pair declines to around 1.1420 during the early Asian session on Thursday, pressured by a soft Eurozone inflation outlook. The US Dollar (USD) strengthens against the Euro (EUR) despite di ...