Geopolitical risks resurface after Iran dismisses talks with the US, supporting the USD amid renewed Middle East tensions. The US Dollar Index (DXY) hovers near the 100.00 level, failing to extend gains despite a modest uptick in Asian trading. The index remains nearly fla
Silver prices rise on geopolitical tensions and Fed rate hike expectations, with markets eyeing US-Iran negotiations and monetary policy shifts. Silver (XAG/USD) extended gains for a second day, trading near $58.70 per troy ounce in Asian hours. Prices were supported by ge
NZD/USD pair loses traction near 0.5870 The NZD/USD pair has softened below 0.5900 due to uncertainty surrounding US-Iran talks and stronger US economic data. The pair's decline is also attributed to safe-haven flows. Traders are awaiting New Zealand's empl
Stronger US manufacturing data and geopolitical risks weigh on the New Zealand Dollar ahead of key employment figures. The NZD/USD pair fell to near 0.5870 in Asian trading, driven by robust US economic data and safe-haven demand for the USD. The ISM Manufacturing PMI rose
A 2.0% rise in ANZ-Indeed Job Ads fuels expectations of a hawkish Reserve Bank of Australia amid persistent inflation pressures. The Australian Dollar climbed against the USD, trading near 0.7010 in Asian hours after two sessions of declines. A 2.0% month-over-month increa
July job ads surge 2% and inflation gauge rebounds 1%, reinforcing RBA’s hawkish stance amid persistent price pressures. The Australian Dollar climbed against the USD, trading near 0.7010 in Asian hours after ANZ–Indeed Job Ads rose 2.0% month-over-month in July, reversing
The Canadian dollar remains range-bound near 1.4050 against the USD, supported by rising oil prices despite mixed fundamentals. The USD/CAD pair trades near 1.4050, showing little change in early Asian trading after failing to extend modest recovery gains from the previous
Rebounding crude prices and geopolitical tensions limit the pair’s upside despite safe-haven USD demand. The USD/CAD pair remains rangebound near 1.4050 in early Asian trade, failing to extend its prior session recovery. The commodity-linked Canadian dollar finds support f
Household spending rose 0.8% in June Australian household spending increased 0.8% in June to $81.3 billion, beating expectations. The gain was driven by discretionary categories such as hospitality and recreation. Spending for the whole June quarter rose 0.
Safe-haven flows into the US Dollar push GBP/USD lower as geopolitical uncertainty escalates. The British Pound fell against the US Dollar, with GBP/USD trading near 1.3425 in early Asian trading on Tuesday. Rising uncertainty over US-Iran negotiations drove investors towa
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