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Forex
NZD/USD weakens to near 0.5700 amid Middle East tensions, traders await RBNZ rate decision
The NZD/USD pair attracts some sellers to around 0.5700 during the Asian trading hours on Tuesday. The US Dollar (USD) strengthens against the New Zealand Dollar (NZD) as…
PBOC sets USD/CNY reference rate at 6.8854 vs. 6.8929 previous
On Tuesday, the People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead at 6.8854 compared to last Friday's fix of 6.8929 and 6.8773 Reuters…
EUR/USD steadies below 1.1550 with Iran tensions in focus
The EUR/USD pair flat lines around 1.1540 during the early Asian session on Tuesday. The major pair steadies as traders monitor US President Donald Trump's deadline regarding the…
Iran ceasefire proposal ‘significant’ but ‘not good enough’
US President Donald Trump said that the latest proposal for a US ceasefire with Iran is “not good enough,” ahead of his deadline for Iran to either reopen the Strait of Hormuz or…
USD/JPY steady near 160.00 as weak ISM data offsets geopolitical bid
USD/JPY traded flat on Monday, edging up less than 0.1% to settle around 159.60 in a quiet session ahead of the US data release. The pair has been consolidating in a roughly…
NZD/USD rises as ceasefire hopes weigh on US Dollar ahead of RBNZ decision
The NZD/USD pair trades with a bullish tone near the 0.5710 region on Tuesday, as the US Dollar (USD) softens amid improving risk sentiment driven by ceasefire hopes in the Middle…
Dow Jones rises as ceasefire talks lift sentiment
The Dow Jones Industrial Average (DJIA) gained a scant 120 points, or 0.3%, on Monday in the first session following the Good Friday market closure. The index pushed toward 46,700…
Rejected at 0.8000 as double top looms
USD/CHF fails to clear key resistance at 0.8000, recoiling to the 0.7900 handle as a double-top chart pattern loom. At the time of writing, the pair trades at 0.7979, down…
Gold slips from $4,700 as Iran deal doubts boost oil, Dollar
Gold (XAU/USD) price recoiled during the North American session on Monday after hitting a daily high of $4,706, but news that an agreement between the US and Iran seems unlikely,…
XAU/USD around $4,660, bears sharpening their claws
XAU/USD Current price: $4,650Middle East crisis maintains financial markets in risk-averse mode.The March US ISM Services PMI painted a gloomy picture when reading between lines.…