Silver price (XAG/USD) is down over 1% to near $75.00 during the European trading session on Monday. The white metal extends its two-day massive decline as rising oil prices due to fears of the United States (US)-Iran war resumption have promoted global inflation expectati
Weaker-than-expected China economic data and rising US Treasury yields drive demand for the dollar amid growth divergence. The dollar gained ground as China’s April economic data fell short of expectations, reinforcing concerns over global growth divergence. Industrial out
EUR/USD steadies after four-session pullback The euro is attempting to stabilize after a four-session decline against the USD. The EUR/USD pair had fallen to one-month lows just above 1.1600, pressured by a firmer dollar amid renewed Middle East tensions. The pai
Analysts warn EUR/USD could extend losses to 1.1570 if 1.1600 support breaks amid strong downward momentum. EUR/USD dropped to a six-week low near 1.1620, driven by strong downward momentum that analysts say keeps risks skewed lower. Intraday moves are expected within a 1.
The British pound dropped over 2% against the US dollar this week amid leadership turmoil and shifting rate hike expectations. The GBP/USD pair declined more than 2% this week, breaking below the 1.3400 level as political uncertainty and evolving monetary policy bets press
Indian Rupee falls to record low against US Dollar The Indian Rupee has extended its decline against the US Dollar, reaching a fresh all-time high of 96.33 in the USD/INR pair. The Rupee's downfall is attributed to the recent advance in oil prices, which has weaken
Large FX option expiries at key levels could temporarily stabilize currency pairs before broader trends resume. EUR/USD faces notable option expiries at 1.1600 and 1.1650, levels that lack technical significance but may curb selling pressure early in the week. The pair bro
Geopolitical risks and hawkish Fed expectations push the USD Index to a near-three-month peak, strengthening the dollar against the yen. The USD/JPY pair climbed to a two-and-a-half-week high during Monday’s Asian session, extending gains for the sixth straight day. The mo
ECB officials suggest potential June rate increases, lifting the Euro against the Yen ahead of Japan’s Q1 GDP data. The EUR/JPY pair climbed to near 184.80 in early European trading, ending a four-day losing streak. The move follows hawkish comments from ECB Governing Coun
Euro declines on increased Fed rate hike odds The Euro has fallen against the USD, trading around 1.1620 during Asian hours on Monday. This decline marks the sixth successive day the EUR/USD pair has remained subdued. The USD rise is attributed to the US Fe
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