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Markets
Reserve Bank of New Zealand holds interest rate steady at 2.25%, as expected
The Reserve Bank of New Zealand (RBNZ) decided to hold the Official Cash Rate (OCR) steady at 2.25% after concluding the April monetary policy meeting on Wednesday.The decision…
USD/CHF languishes near two-week low as US-Iran ceasefire hits USD
The USD/CHF pair attracts heavy selling during the Asian session on Wednesday and dives to a two-week low amid a broadly weaker US Dollar (USD). Spot prices currently trade just…
GBP/USD surges toward 1.3400 as Iran ceasefire deflates the US Dollar
GBP/USD ripped higher on Tuesday as the US Dollar buckled under a wave of risk-on positioning triggered by President Trump's announcement of a two-week ceasefire with Iran. The…
Gold jumps above $4,750 on Trump’s Iran strike delay
Gold price (XAU/USD) rises to near $4,775 during the early Asian session on Wednesday. The precious metal attracts some buyers after US President Donald Trump agrees to suspend…
NZD/USD stays neutral ahead of RBNZ decision as geopolitical risks and policy outlook weigh
The NZD/USD pair is trading near the 0.5720 region on Wednesday, holding a neutral tone as the US Dollar (USD) remains supported by safe-haven demand while traders brace for the…
Bearish momentum builds into MAS decision – OCBC
OCBC strategists Christopher Wong and Sim Moh Siong highlight that USD/SGD has softened as markets weigh de-escalation hopes, with technical signals pointing to fading bullish…
A bearish crossover looms, sellers eye $70
Silver price extended its losses on Tuesday as the white metal failed to clear the $75.00 milestone, while the 20-day SMA crossed below the 100-day SMA, an indication that sellers…
US Dollar holds firm, Oil surges as Iran deadline keeps markets on edge
Here is what you need to know for Wednesday, April 8:The US Dollar Index (DXY) held near 99.80, not far from last week’s 100 peak, broadly supported as markets remain locked on the…
WTI remains volatile ahead of Trump’s Iran deadline
West Texas Intermediate (WTI) Crude Oil trades in a volatile and choppy range on Tuesday as traders remain cautious ahead of a deadline set by US President Donald Trump for Iran to…
GBP/USD climbs as ceasefire hopes in the Mid-East battle fresh fears
The Pound Sterling rose by over 0.20% on Tuesday amid speculation of a ceasefire agreement, but newswires revealed that the chances of a deal are far, increasing the likelihood of…