Silver prices remain range-bound as traders reduce Federal Reserve rate hike expectations for September and December. Silver (XAG/USD) traded sideways at $65.30 in European hours, confined to a $63.50-$66.80 range for a week. Weak US economic data has diminished expectatio
The pair remains range-bound near 1.3870 as oil-driven CAD strength clashes with USD recovery bets on Fed rate hike expectations. The USD/CAD pair trades flat near 1.3870-1.3875, failing to extend its overnight rebound from the 1.3845 zone, the lowest since June 3 and alig
Geopolitical risks in the Middle East drive caution, lifting the USD Index after a sharp drop below 99.50 amid Fed rate cut bets. The US Dollar Index recovered to around 99.70 in early European trading Tuesday, paring earlier losses as Middle East tensions flared. The inde
Weaker-than-expected UK unemployment data drives selling pressure on GBP, lifting the EUR/GBP cross in early trading. The EUR/GBP pair climbed to 0.8550 in early European trading on Tuesday, extending gains as UK employment figures disappointed investors. The British Pound
UK unemployment held at 4.9% in June, above expectations, weakening the British Pound against the Euro. The Euro rose against the British Pound, trading near 0.8550 in early European trading on Tuesday. The move followed UK employment data that fell short of market expecta
UK unemployment holds at 4.9% while wage growth accelerates, pressuring the pound amid broader risk aversion. The British pound fell to 1.3522 against the US dollar after UK employment data missed expectations, reinforcing concerns over persistent inflationary pressures. U
Reserve Bank of India closes foreign currency swap facility ahead of schedule due to strong inflows and rising liquidity costs. The Reserve Bank of India will close its concessional FX swap window for FCNR(B) deposits on 31 August, a month earlier than planned. The move fo
UK employment growth slowed to 83K in June, below expectations, while wage growth accelerated, pressuring the British Pound. The British Pound (GBP) fell against the Japanese Yen (JPY) to near 215.95 after UK labor market data showed weaker-than-expected job creation. The
Analysts flag 1.1615 as critical resistance for EUR/USD after a brief break above failed to hold. EUR/USD briefly traded above key resistance at 1.1610-1.1614 before retreating, leaving the pair in a near-term consolidation phase. A sustained close above 1.1615 is now requ
Analysts see 1.1615 as the critical level for EUR/USD to confirm upside momentum toward 1.1655 in the coming weeks. EUR/USD briefly breached major resistance at 1.1615, reaching 1.1614 before retreating, leaving the pair in a near-term consolidation between 1.1560 and 1.16
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