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Forex
Safe haven flows and de-dollarisation debate – Rabobank
Rabobank’s Senior FX Strategist Jane Foley observes that speculators have been rebuilding long Dollar positions as the US currency acts as the preferred safe haven during the…
NZD/USD slips as US-Iran talks fail, Oil spike backs Fed hawks
NZD/USD moves lower at the start of the week and trades around 0.5830 on Monday at the time of writing, down 0.15% on the day after the failure of negotiations between the United…
Seen on hold as data soften – Societe Generale
Societe Generale analysts note a quiet week for the UK, with the March RICS housing survey pointing to weaker demand as higher energy costs and mortgage rates weigh on confidence.…
EUR/USD consolidates near 1.1700 ahead of Trump’s Hormuz blockade
The (EUR) retreated from last week’s highs near 1.1740 against the US Dollar (USD) on Monday, but so far is holding well, a few pips shy of the 1.1700 level, after bouncing from…
Indian Rupee declines as Trump’s order to blockade Hormuz boosts oil prices
The Indian Rupee (INR) falls sharply in the opening trade against the US Dollar (USD) at the start of the week. The USD/INR pair rises to near 93.35 as rallying oil prices due to…
Silver price today: falls on April 13
Silver prices (XAG/USD) fell on Monday, according to FXStreet data. Silver trades at $74.47 per troy ounce, down 1.75% from the $75.79 it cost on Friday.Silver prices have…
Election outcome boosts Forint as EU risk recedes – Danske Bank
Danske Research Team reports that Hungary’s election delivered a decisive victory for Péter Magyar’s pro‑EU Tisza party over Viktor Orban’s Fidesz, easing concerns about future EU…
Safe-haven demand returns as US-Iran talks collapse
Here is what you need to know on Monday, April 13:Financial markets turn risk-averse at the beginning of the week after Iran and the United States (US) failed to make any progress…
Asian stocks drop as US-Iran peace talks break, US closes Hormuz
Most Asian equity indexes are trading lower on Monday, as this weekend’s peace talks between the US and Iran ended without agreement, and US President Donald Trump affirmed that…
Pound Sterling bounces off low; GBP/USD holds near 1.3400 on firmer USD
The GBP/USD pair opens with a bearish gap at the start of a new week and, for now, seems to have snapped a five-day winning streak to its highest level since late February, around…