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Forex Today: US Dollar on pause ahead of US CPI
The US Dollar Index (DXY) is trading little changed in the vicinity below the 100.00 price zone ahea...
Oil: Strait of Hormuz risk premium – Commerzbank
Commerzbank’s energy team notes fading hopes for a US–Iran agreement to reopen the Strait of Hormuz,...
Iran Says Hormuz Will Stay Closed Until U.S. Meets Its Conditions
Iran said Tuesday that the Strait of Hormuz will remain closed unless the United States ends the war...
Pound Sterling Price News and Forecast: GBP/USD attracts fresh sellers on Wednesday
The GBP/USD pair meets with a fresh supply during the Asian session on Wednesday and moves away from a nearly two-week high around the 1.3275 region, touched the previous day.
Asian markets trade mixed; Japan's Nikkei 225 rally 1%, while Kospi slips on profit-taking
Asian markets are trading with mixed sentiment on Wednesday amid a global tech rally and as US-Iran talks hit new hurdles.
United States Dollar Index strengthens above 101.00 as traders ramp up bets on Fed rate hike
The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, currently trades near 101.30 in the early European trading hours on Wednesday ...
Indonesian Rupiah inches higher as annual inflation rises in June
USD/IDR pares its daily gains, remaining in positive territory for the third successive day and trading around 17,980 during the Asian hours on Wednesday. The pair inches lower as the Indonesian Rupia ...
GBP/USD Price Forecast: Slides below 1.3250 after failing to break through 23.6% Fibo.
The GBP/USD pair meets with a fresh supply during the Asian session on Wednesday and moves away from a nearly two-week high around the 1.3275 region, touched the previous day.
EUR/JPY Price Forecast: Eyes 186.00 amid constructive bullish bias
EUR/JPY moves little after four days of gains, trading around 185.70 during the Asian hours on Monday.
Japan’s Tankan Large Manufacturing Index rises to 22 in Q2 vs. 16 expected
The Bank of Japan’s (BoJ) Tankan survey of business sentiment surged significantly past market forecasts in the manufacturing sector. Japan’s Tankan Large Manufacturing Index climbed to 22 in the seco ...
Gold flatlines near $4,000 as markets focus on US-Iran talks and upcoming employment data
Gold price (XAU/USD) trades on a flat note around $4,015 during the early Asian trading hours on Wednesday. Traders will closely monitor prospects for US-Iran talks in Doha after mixed messages from t ...
Singapore Dollar: Range-bound consolidation persists against US Dollar – UOB
United Overseas Bank’s (UOB) Quek Ser Leang notes that USD/SGD has lost upside momentum after briefly breaching support at 1.2925, shifting the short-term bias to neutral.
Euro stalls as Fed hike bets offset cooler Eurozone CPI
The Euro fails to gain traction versus the US Dollar on Tuesday, with the pair remaining steady at around 1.1400 as economic data on both sides of the Atlantic barely moved the needle. The EUR/USD tra ...
Singapore: Growth profile raised – DBS
DBS Group Research economist Chua Han Teng upgrades Singapore’s Gross Domestic Product (GDP) outlook, noting that Singapore’s economy has remained resilient to renewed geopolitical shocks from the Mid ...
Gold rises above $4,000 yet poised for an 11% monthly loss
Gold (XAU/USD) price posts modest gains of 0.35% on Tuesday, set to end the month with losses of over 11% after retreating from monthly highs around $4,500 towards $4,000, weighed by overall US Dollar ...