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Markets
WTI drifts higher to four-month high near $63.50 amid US inventory drop, Iran risks
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $63.60 during the Asian trading hours on Thursday. The WTI price rises to its highest since late…
Japanese Yen steady as fiscal concerns offset hawkish BoJ stance
The Japanese Yen (JPY) regains some positive traction against a broadly weaker US Dollar (USD) during the Asian session on Thursday and reverses a part of the previous day's…
AUD/USD rises to near 0.7050 as RBA rate hike bets increase
AUD/USD extends its gains for the third successive session, trading around 0.7040 during the Asian hours on Thursday. The pair appreciated after hotter-than-expected Australian…
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USD/CAD slides to 1.3530, pressured by bullish Oil and weak USD
The USD/CAD pair attracts some follow-through sellers for the third consecutive day and drops to its lowest level since October 2024 during the Asian session on Thursday. Spot…
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Gold climbs above $5,500 for the first time on record
Gold price (XAU/USD) surges to a fresh record high of $5,579 before retreating to around $5,500 in early Asian trading on Thursday. The rally of the precious metal is bolstered by…
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EUR/USD slides below 1.2000 as Fed hold, Powell stance lift Dollar
EUR/USD sustained losses of over 0.60% on Wednesday below the 1.2000 figure as the Federal Reserve keeps interest rates steady, while the Fed Chair Jerome Powell refrained from…
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