Gold Steady Above $4,300

Gold holds gains on US-Iran peace deal hopes Gold price holds positive ground around $4,335. The precious metal rebounds from its lowest levels of the year. The US Federal Reserve interest rate decision is expected to be unchanged at 3.50% to 3.75%.

BoJ Raises Rates 25 Basis Points

Yen stays weak after rate hike The Bank of Japan raised its policy rate by 25 basis points to 1.00%. The move failed to strengthen the yen, keeping pressure on Japanese authorities to intervene. Leveraged funds have increased short yen positions significant