XAG/USD falls 0.6% amid rising oil prices and stronger-than-expected US jobs data, reducing Fed rate cut expectations. Silver (XAG/USD) declined 0.6% to $74.60 in European trading on Wednesday, pressured by a third consecutive day of gains in oil prices. WTI crude rose 1.4
EUR/USD and USD/JPY option expiries occur at 1.1625 and 159.75 levels The EUR/USD option expiry is set at the 1.1625 level, which may influence price action in the session ahead. The overall market mood remains cautious, awaiting further US-Iran developments.
Geopolitical tensions in the Middle East and stalled US-Iran talks lift the USD, pushing USD/CHF to 0.7880. The USD/CHF pair climbed to 0.7880 during Asian trading on Wednesday, marking its third consecutive day of gains. The Swiss Franc weakened as demand for the US Dolla
Rupee opens lower as US-Iran tensions boost oil prices The Indian Rupee has opened on a negative note against the US Dollar. The USD/INR pair jumped to near 95.67 due to renewed hostilities in the Middle East region. Continuous outflow of foreign funds from
Rising oil prices near $93.00 and foreign fund outflows weigh on the Indian Rupee amid escalating US-Iran hostilities. The Indian Rupee (INR) opened weaker against the US Dollar (USD) Wednesday, with the USD/INR pair climbing to near 95.67. The decline follows a 1.4% rise
Japan’s verbal warnings and subdued USD demand cap gains, but Fed hawkishness and geopolitical risks limit JPY strength. The USD/JPY pair consolidates near a one-month high below 160.00, pressured by Japan’s verbal intervention threats and a muted US Dollar. The yen finds
The Canadian Dollar remains subdued despite WTI crude nearing $92.60 amid Middle East tensions and Fed rate hike expectations. The USD/CAD pair climbed to 1.3850 in Asian trading, reversing minor losses from the previous session. Despite a third consecutive rise in West Te
Washington targets global trade with new tariffs while China's services sector expands at its fastest pace in three months. The US proposed 10% tariffs on imports from 60 countries and launched a forced-labour probe under Section 301. The move escalates trade tensions amid
Analysts forecast a near-term drop for XOM after a corrective phase following its March 30 record high of $176.4. Exxon Mobil (XOM) stock is projected to retest $153 before facing renewed downside pressure, according to Elliott Wave analysis. The stock reached an all-time
The British Pound stabilizes after a four-day rally as Middle East tensions bolster the USD, offsetting hawkish Bank of England tones. GBP/USD trades flat at 1.3470 in Asian hours, halting a four-day winning streak. The pair’s stability follows a firm US Dollar, driven by
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