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Forex
Silver Price Analysis: XAG/USD remains depressed near $29.30-35 area, lacks follow-through
Silver drifts lower during the Asian session on Tuesday and snaps a three-day winning streak.
The mixed technical setup warrants some caution before placing…
USD/INR gathers strength on renewed US Dollar demand, Fed’s Powell speech looms
The Indian Rupee trades in negative territory in Tuesday’s Asian session.
Higher US bond yields and further gains in crude oil prices weigh on the local…
Australian Dollar holds losses after RBA Minutes
The Australian Dollar loses ground as the RBA Index of Commodity Prices fell by 4.1% YoY in June.
RBA Minutes emphasizes the need to remain vigilant as data…
USD/CAD holds above 1.3700 on stronger US Dollar, higher US Treasury yields
USD/CAD edges higher to 1.3735 in Tuesday’s early Asian session.
The US ISM Manufacturing PMI dropped slightly in June, indicating an ongoing contraction.…
USD/JPY advances further above 161.00, eyes on possible FX intervention
USD/JPY continued to trade near recent highs around 161.45 in Tuesday’s early Asian session.
The US ISM Manufacturing PMI was weaker than expected,…
New Zealand Building Permits print another decline, fall -1.7% in May versus revised -2.1%
Stats NZ noted another month-on-month decline in New Zealand building consents in May, with Building Permits falling -1.7% MoM, adding to the previous month's…
ECB’s Lagarde: Soft landing not guaranteed for European economy
European Central Bank (ECB) President Christine Lagarde expressed a need for caution from the ECB late Monday, highlighting that downside risks remain a threat…
Gold price climbs as markets brace for busy US week
Gold remains steady, unaffected by rising US Dollar and Treasury yields.
Mixed US manufacturing data: S&P PMI expands, ISM PMI contracts for third…
Australian Dollar sees red with Fed, RBA minutes and NFPs on the horizon
AUD/USD mildly declines to 0.6660 on Monday.
Markets await latest RBA and Fed meeting minutes for additional guidance.
On Monday, the US reported ISM PMIs…
Dow Jones Industrial Average grinds flat amid Monday market churn
Dow Jones kicks off the new trading week with overcorrection in both directions.
US data missed the mark on Monday, sparking a brief rally on rate cut…