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Markets
EUR/USD consolidates near 1.1700 ahead of Trump’s Hormuz blockade
The (EUR) retreated from last week’s highs near 1.1740 against the US Dollar (USD) on Monday, but so far is holding well, a few pips shy of the 1.1700 level, after bouncing from…
Indian Rupee declines as Trump’s order to blockade Hormuz boosts oil prices
The Indian Rupee (INR) falls sharply in the opening trade against the US Dollar (USD) at the start of the week. The USD/INR pair rises to near 93.35 as rallying oil prices due to…
Silver price today: falls on April 13
Silver prices (XAG/USD) fell on Monday, according to FXStreet data. Silver trades at $74.47 per troy ounce, down 1.75% from the $75.79 it cost on Friday.Silver prices have…
Election outcome boosts Forint as EU risk recedes – Danske Bank
Danske Research Team reports that Hungary’s election delivered a decisive victory for Péter Magyar’s pro‑EU Tisza party over Viktor Orban’s Fidesz, easing concerns about future EU…
Safe-haven demand returns as US-Iran talks collapse
Here is what you need to know on Monday, April 13:Financial markets turn risk-averse at the beginning of the week after Iran and the United States (US) failed to make any progress…
Asian stocks drop as US-Iran peace talks break, US closes Hormuz
Most Asian equity indexes are trading lower on Monday, as this weekend’s peace talks between the US and Iran ended without agreement, and US President Donald Trump affirmed that…
Pound Sterling bounces off low; GBP/USD holds near 1.3400 on firmer USD
The GBP/USD pair opens with a bearish gap at the start of a new week and, for now, seems to have snapped a five-day winning streak to its highest level since late February, around…
Gold price in Malaysia: Rates on April 13
Gold prices fell in Malaysia on Monday, according to data compiled by FXStreet.The price for Gold stood at 602.24 Malaysian Ringgits (MYR) per gram, down compared with the MYR…
Rallies to $98 as Trump aims to blockade Hormuz
West Texas Intermediate (WTI), futures on NYMEX, trade 7.6% higher to near $98.00 during the Asian trading session on Monday. The oil price rises after a warning from United States…
EUR/JPY holds losses near 186.50 as US–Iran talks fail
EUR/JPY pares its daily losses but remains in the negative territory, trading around 186.60 during the Asian hours on Monday. The currency cross faced challenges as the…