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Forex
Gold plunges nearly 2% as markets cheer tariff delays, embrace risk
XAU/USD drops below $3,300 as Trump's EU tariff pause boosts sentiment and US Dollar.Trump delays 50% EU tariffs to July 9, improving market mood and weighing…
RBNZ set to cut interest rates to 3.25% in May amid trade tariff-related uncertainty
The Reserve Bank of New Zealand is expected to trim interest rate by 25 bps to 3.25% on Wednesday.A rate cut in May is fully priced; RBNZ updated forecasts,…
EUR/USD slips below 1.1400 amid strong US data and soft French inflation
The Euro drops to 1.1335 amid US Dollar rebound, diverging inflation paths and mixed ECB policy signals.US Consumer Confidence surges to 4-year high, boosting…
Silver Price Forecast: XAG/USD slips but clings above $33.00
XAG/USD is down 0.70% after hitting a two-day low; bullish momentum remains intact above the 50-day SMA.Silver finds support at $32.77 as RSI indicates that…
AUD/JPY extends winning streak toward 93.00 as risk sentiment dents Yen appeal
AUD/JPY climbs nearly 1% to trade near 93.00 in late US session.Risk-on flows and easing trade tensions weigh on safe-haven YenKey inflation data from…
Dow Jones Industrial Average soars 700 points after another tariff turnaround
The Dow Jones Industrial Average gained ground on Tuesday.Investor sentiment is rebounding after US President Trump delayed his own tariffs once again.Trump’s…
Pound Sterling Price News and Forecast: GBP/USD eases from three-year high
GBP/USD eases from three-year high as US Dollar steadies on trade hopes
The British Pound (GBP) edges lower against the US Dollar, retreating from a…
ECB’s Lane: We are in a zone of normal central banking
Philip Lane, the chief economist of the European Central Bank, indicated that although the majority of factors suggested a continued decline in euro area…
USD/INR edges higher as Rupee weakens on month-end Dollar demand, RBI rate cut bets
The Indian Rupee slips on importer-led Dollar demand and steady US Dollar.RBI rate cut speculation puts pressure on short-term Rupee outlook.USD/INR holds…
Pound Sterling underperforms US Dollar on optimism over US-EU trade deal
The Pound Sterling corrects to 1.3550 against the US Dollar on hopes of a swift US-EU trade deal.Fed’s Kashkari warns of stagflation risks under Trump's…