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Forex
USD/CNH: Expected to trade in a range of 7.1730/7.1970 – UOB Group
US Dollar (USD) is expected to trade in a range of 7.1730/7.1970 against Chinese Yuan (CNH). In the longer run, USD has likely moved into a 7.1620/7.2200 range…
Silver Price Forecast: XAG/USD turns sideways around $36.50 as investors await US inflation data
Silver price oscillates in a limited range around $36.50 ahead of the US inflation data for May.Signs of accelerating inflationary pressures would discourage…
Crude Oil price today: WTI price bullish at European opening
West Texas Intermediate (WTI) Oil price advances on Wednesday, early in the European session. WTI trades at $64.11 per barrel, up from Tuesday’s close at…
EUR/GBP sits near one-month peak, comfortably above mid-0.8400s amid rising BoE rate cut bets
EUR/GBP trades with a positive bias for the second straight day on Wednesday.The divergent BoE-ECB expectations continue to act as a tailwind for spot…
EUR/USD holds losses near 1.1400 due to easing tariff tensions between US, China
EUR/USD depreciates as the US Dollar advances amid easing US-China tariff tensions.US Commerce Secretary Howard Lutnick said that the United States and China…
US CPI data set to show mild inflation as markets assess tariff impact
The US Consumer Price Index is expected to rise 2.5% YoY in May, at a stronger pace than it did in April.The annual core CPI inflation is forecast to tick up…
Australian Dollar loses ground as US Dollar advances amid improving US-China dialogue
The Australian Dollar declines despite easing trade tensions between the United States and China.US Commerce Secretary Lutnick said that both countries agreed…
USD/CAD flat lines above 1.3650 as investors track US-China trade talk progress, US CPI data
USD/CAD trades flat around 1.3670 in Wednesday’s early Asian session. A potential US-China trade deal could provide some support to the US Dollar. The BoC held…
US, China officials agree on plan to ease trade tensions – Bloomberg
The United States (US) and China agreed to a preliminary deal on how to implement the consensus the two sides reached in Geneva, per Bloomberg.US negotiators…
US Commerce Secretary Lutnick says reached a framework with China
US Commerce Secretary Howard Lutnick said early Wednesday that the United States and China have reached a framework to implement the Geneva Consensus, but they…