The pair remains above key moving averages, with RSI at 59.8 signaling sustained upward pressure without overbought conditions. USD/JPY traded near 162.50 in Asian hours Friday, extending minor gains as it held above the nine-day and 50-day EMAs. The bullish bias is reinfo
XAG/USD drops 0.8% to near $55.00 as Iran threatens to disrupt Red Sea oil routes, pressuring non-yielding assets. Silver (XAG/USD) fell 0.8% to $55.00 in early European trading Friday, reaching a year-to-date low of $54.77. The decline follows heightened geopolitical tens
Geopolitical risks in the Middle East lift the USD, pressuring GBP/USD ahead of US consumer sentiment data. GBP/USD declined for a second day, trading near 1.3460 in Asian hours as the USD strengthened on safe-haven demand. Escalating Middle East tensions, including report
USD gains against majors, particularly JPY, as Fed hawkishness and geopolitical tensions counterbalance weaker CPI and PPI prints. The US dollar rebounded from earlier weekly losses, supported by persistent inflation concerns and a hawkish Federal Reserve outlook. Despite
The Indian Rupee edges higher after Reserve Bank of India steps in, though analysts still favor further depreciation. The Indian Rupee (INR) rose marginally against the US Dollar (USD) early Friday, with the USD/INR pair dipping to near 96.30. The move followed reported in
The pair retreats for a second day as US rate hike expectations rise amid inflation concerns and US-Iran tensions. The EUR/USD pair extended losses for a second session, trading near 1.1435 as renewed US Federal Reserve rate hike bets and escalating US-Iran tensions bolste
Indonesia’s rupiah strengthens after foreign direct investment jumps 27.4% year-over-year in Q2, pressuring the USD/IDR pair. The USD/IDR pair extended its decline to a fourth day, trading near 17,990 in Asian hours Friday as the Indonesian rupiah gained ground. The curren
Nikkei 225 index down 6% as tech selloff spreads to Asia Japan's Nikkei 225 index has fallen 6% due to the tech selloff from Wall Street. The selloff is led by semiconductors and chipmakers, with US futures also in the red. S&P 500 futures are down 0.8% and
XAU/USD pares losses as buyers emerge but struggles amid higher-for-longer US interest rate expectations and a stronger dollar. Gold (XAU/USD) regained ground during Friday’s Asian session, recovering part of Thursday’s decline that pushed it near a monthly low. The modest
Geopolitical tensions lift the Dollar while softer US inflation data reduces expectations for a July Fed hike. The USD/CHF pair traded around 0.8090 in Asian hours Friday, stabilizing after modest gains as Middle East tensions countered shifting Fed policy expectations. Es
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