XAU/USD retreats as the US Dollar recovers amid geopolitical tensions and rising expectations for tighter Fed policy. Gold (XAU/USD) extended its decline from the $4,580 resistance level, erasing most of Monday’s gains. The retreat follows a rebound in the US Dollar (USD),
Geopolitical tensions lift the USD against the CHF, though technical indicators suggest a bearish outlook persists. The USD/CHF pair climbed to near 0.7830 in early European trading Tuesday, halting a four-day decline. The move follows US military strikes on southern Iran,
GBP/JPY cross erodes previous day's gains The GBP/JPY cross declined during the Asian session on Tuesday, eroding a part of the previous day's strong gains to the 214.70 region. The cross had reached a fresh monthly peak but spot prices lack follow-through selling.
Gold and silver retreat in Asia as optimism over a potential Iran deal offsets geopolitical risks in the Strait of Hormuz. Oil futures plunged nearly 7% overnight as hopes for a US-Iran deal raised prospects of reopening the Strait of Hormuz, easing supply disruption fears
EUR/USD falls as US Dollar gains on US-Iran tensions The EUR/USD pair is trading marginally lower at around 1.1633 due to slight selling pressure on the US Dollar. The US Dollar has gained as fears of a setback in US-Iran negotiations grow. The US Dollar Index is
US Secretary of State asserts the critical oil chokepoint will stay open, citing global economic risks as WTI crude rises 1.47% to $90.86. US Secretary of State Marco Rubio declared the Strait of Hormuz must remain open, warning of unlawful disruptions to global oil flows.
The US Dollar Index rises to 99.10 as investors seek safety amid broader market uncertainty. The US Dollar Index (DXY) extended gains, trading above 99.00 at 99.10 during Asian trading hours. The move follows a rebound from modest losses in the prior session, driven by ren
XAG/USD declines amid geopolitical tensions and inflation concerns, pressuring expectations for prolonged tight monetary policy. Silver prices fell to $76.40 per troy ounce in Asian trading on Tuesday, retreating from recent gains as US strikes in southern Iran heightened
AUD/USD trades at 0.7165 amid US-Iran tensions The Australian Dollar has declined against the US Dollar. The AUD/USD pair is trading in negative territory around 0.7165. Renewed tensions between the US and Iran are weighing on risk-sensitive currencies like
Renewed US-Iran tensions push the Australian Dollar lower against the USD amid heightened geopolitical risks. The AUD/USD pair fell to 0.7165 during Asian trading on Tuesday, pressured by escalating US-Iran tensions. The US military conducted strikes on Iranian missile sit
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