Geopolitical tensions and expectations of tighter US monetary policy support the US Dollar Index at 100.10. The US Dollar Index (DXY) remains steady at 100.10 in Asian trading, reflecting investor caution amid escalating Middle East tensions and rising bets on Federal Rese
Silver price falls amid Middle East tensions Silver price (XAG/USD) has declined to near $67.50. The decline is attributed to renewed tensions in the Middle East. Oil prices have risen, fueling concerns about inflation and interest rates.
Silver price falls due to oil and Fed hike fears Silver price remains subdued, trading around $67.70 per troy ounce. The decline is driven by higher oil prices and concerns about inflation and interest rates. US employment data also weighed on precious meta
The Canadian dollar weakens despite surging oil prices and a stronger-than-expected jobs report, as USD strength persists. The USD/CAD pair climbed to its highest level since late March, trading above 1.3900 in early Asian trade. The move comes despite a 4.5% rally in WTI
The currency pair trades below critical support levels and moving averages, signaling potential further downside pressure. EUR/USD fell below a contracting triangle pattern, with support at 1.1595, extending its recent decline. The pair now trades beneath both the 100-peri
The New Zealand Dollar pares losses against the USD after a 1% drop, supported by easing risk aversion and a softer US Dollar. The NZD/USD pair climbed to 0.5810 during Asian trading hours on Monday, recovering from a 1% decline the previous day. The rebound follows easing
PBOC sets the daily USD/CNY reference rate at 6.8198, marking a slight depreciation from Friday’s 6.8157 fix. The People’s Bank of China set the USD/CNY central parity rate at 6.8198 for Monday’s trading session, down 41 pips from Friday’s 6.8157 fix. The adjustment reflec
The pair climbs toward 1.3350 after strong US jobs data fueled Fed rate hike bets, lifting the USD Index to a two-week high. The GBP/USD pair recovered from a three-week low near 1.3300, rising in early European trading as the US Dollar paused its rally. The move follows F
Japanese Yen remains below 160.00 after Q1 GDP data The Japanese Yen is holding firm below the 160.00 threshold against the USD. The currency pair is trading around 160.30 during Asian hours on Monday, following modest gains in the previous day. Market parti
Japan's Q1 GDP grows 1.8% q/q annualized Japan's economy expanded 1.8% q/q annualized in Q1, beating expectations of 1.3%. The preliminary reading for Q4 was +0.8% q/q. Private consumption rose 0.3%, matching the preliminary estimate and up from 0.0% in Q4.
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