UOB strategists expect AUD/USD to consolidate between 0.7215 and 0.7255, with modest upside potential over the next 1-3 weeks. The Australian Dollar remains constrained against the US Dollar, trading near 0.7209 after a brief dip. UOB strategists anticipate intraday consol
UOB strategists Quek Ser Leang and Lee Sue Ann see AUD/USD consolidating after a brief dip to 0.7209, with intraday trade expected between 0.7215 and 0.7255. The firm underlying tone suggests the pair could edge higher in the coming 1–3 weeks, though gains are seen limited
France's April CPI holds at 2.2% year-over-year France's consumer price index for April remained steady at 2.2% year-over-year, matching the preliminary reading. The prior month's reading was 1.7%. The HICP, or harmonized index of consumer prices, also held at 2.5%
ECB Governing Council member warns of potential intervention as core inflation data remains insufficient for policy decisions. European Central Bank policymaker François Villeroy de Galhau stated the ECB must prepare to address second-round inflation effects. The remarks h
XAU/USD falls for a second day as US inflation data fuels Fed rate hike expectations and geopolitical risks lift the dollar. Gold prices extended losses below $4,638 on Wednesday, failing to sustain an overnight rebound as the US dollar strengthened. The move followed stro
The pair remains range-bound near 0.7235 as traders await the U.S.-China summit amid mixed Fed rate hike signals. The AUD/USD pair trades with a slight negative bias near 0.7235, failing to extend its overnight rebound from the 0.7200 level. Investors are adopting a cautio
Traders remain cautious as the Swiss Franc stabilizes near 0.7805, awaiting US PPI figures and US-China trade discussions. The USD/CHF pair traded flat at 0.7805 during early European trading on Wednesday, reflecting market caution ahead of key US economic releases. Invest
India hikes import duty on gold and silver to 15% The Indian Rupee exhibits mild strength against the US Dollar. The USD/INR pair trades mildly lower to near 95.60. The increase in import duty on gold and silver to 15% from 6% supports the rupee.
The Indian government hiked import tariffs on gold and silver to curb bullion inflows and ease forex reserve pressure. The Indian Rupee (INR) strengthened slightly against the US Dollar (USD) on Wednesday, with the USD/INR pair dipping to near 83.60. The move follows India
Stronger USD demand follows higher US inflation data and stalled US-Iran talks, capping the pair near mid-1.1700s. The EUR/USD pair traded in a tight range below the mid-1.1700s during the Asian session, reflecting investor caution ahead of a US-China presidential meeting.
ادخل بحساب جوجل لمشاركة رأيك والتفاعل مع الأخبار — بلا كلمة مرور.
إيميلك يبقى موثّقاً وخصوصيتك محفوظة.