Forex

Gold falls 0.87%, pressured by climbing US Treasury yields. Fed Governor Neel Kashkari's hawkish remarks underpin US yields, US Dollar. Upcoming PCE…

A sharp recovery in US Dollar triggered by cautious market sentiment. Bets for interest rate cut at the September Fed meeting continue to receive pressure…

Mexican Peso plummets sharply, posting losses of almost 1%. Investors reduce Peso exposure ahead of June 2 general election, favoring the Greenback.…

Canadian Dollar broadly lower as Treasury yields bolster US Dollar bids. Canada absent from the economic calendar on Wednesday, Canadian Current Account,…

GBP/USD Price Analysis: Slumps to fresh weekly lows as bears eye 1.2700 The British Pound fell to a new weekly low against the Greenback on Wednesday as US…

Oil retreats back below $80 and ends winning streak.  Pressure in Oil markets is rising ahead of the OPEC+ meeting in June.  The US Dollar Index edges up…

Gold price tumbles to $2,340 as investors worry that Fed rates will remain higher for longer. The US Dollar and bond yields rise as traders pare Fed…

EUR/USD finds support near 1.0830 after a hot German inflation report. ECB Knot advised the use of a gradual rate-cut approach due to dynamic components…

The Pound Sterling edges down after facing selling pressure near 1.2800 due to multiple tailwinds. A soft UK inflation outlook could prompt the BoE to start…

NZD/USD extends losses as Fed’s Neel Kashkari stated that a rate hike might still be possible. The higher US Treasury yields contributed support for the US…