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Markets
US Dollar Index holds near 100.00 on Iran war fears, Trump deadline
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is holding ground after registering losses in the previous trading day and…
XAG/USD trades almost flat above $72 as Trump’s Iran deadline is in focus
Silver price (XAG/USD) trades broadly flat around $72.50 during the early European trading session on Tuesday. The white metal struggles for a direction as investors await Iran’s…
GBP/USD depreciates on increased risk aversion
Pound Sterling weakens as safe-haven demand lifts US DollarGBP/USD pares its recent gains from the previous day, trading around 1.3220 during the Asian hours on Tuesday. The pair…
Holds near $105.50 as Trump Iran deadline looms
West Texas Intermediate (WTI) – the benchmark US Crude Oil price – catches fresh bids during the Asian session on Tuesday and climbs back closer to a nearly four-week high set the…
Gold edges lower as Hormuz standoff lifts USD on hawkish Fed bets
Gold (XAU/USD) remains on the back foot during the Asian session on Tuesday, though it lacks follow-through selling and trades in the previous day's broader range. Hopes for a…
NZD/USD weakens to near 0.5700 amid Middle East tensions, traders await RBNZ rate decision
The NZD/USD pair attracts some sellers to around 0.5700 during the Asian trading hours on Tuesday. The US Dollar (USD) strengthens against the New Zealand Dollar (NZD) as…
PBOC sets USD/CNY reference rate at 6.8854 vs. 6.8929 previous
On Tuesday, the People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead at 6.8854 compared to last Friday's fix of 6.8929 and 6.8773 Reuters…
EUR/USD steadies below 1.1550 with Iran tensions in focus
The EUR/USD pair flat lines around 1.1540 during the early Asian session on Tuesday. The major pair steadies as traders monitor US President Donald Trump's deadline regarding the…
Iran ceasefire proposal ‘significant’ but ‘not good enough’
US President Donald Trump said that the latest proposal for a US ceasefire with Iran is “not good enough,” ahead of his deadline for Iran to either reopen the Strait of Hormuz or…
USD/JPY steady near 160.00 as weak ISM data offsets geopolitical bid
USD/JPY traded flat on Monday, edging up less than 0.1% to settle around 159.60 in a quiet session ahead of the US data release. The pair has been consolidating in a roughly…