The Euro (EUR) trades 0.36% higher to near 1.1410 against the US Dollar (USD) during the European trading session on Monday. The major currency pair trades firmly as the revival of risk-on market sentiment has diminishe…
MUFG’s Lee Hardman highlights that lower energy prices have eased pressure on Japanese policymakers and slowed USD/JPY’s climb below 164.00. Markets expect the Bank of Japan (BoJ) to keep rates unchanged but are focused…
Gold (XAU/USD) sticks to modest intraday gains heading into the European session on Monday, though it struggles to build on the momentum beyond the $4,100 mark as bulls seem hesitant ahead of the crucial FOMC meeting th…
The Indian Rupee (INR) extends its recovery against the US Dollar (USD) at the start of the Federal Reserve’s (Fed) monetary policy week. The USD/INR pair falls further to near 96.10 as the pause in military aggression …
The remarks from European Central Bank (ECB) Governing Council member and Governor of Croatia's central bank, Ante Žigman, in an interview with Jutarnji List, released during the European trading session on Monday, sign…
The Japanese Yen (JPY) pares recent losses against the US Dollar (USD) on Monday, favoured by a relief rally, as the US and Iran halted their hostilities, opening the door for further negotiations. The USD/JPY pair has …
Silver prices (XAG/USD) rose on Monday, according to FXStreet data. Silver trades at $59.43 per troy ounce, up 2.26% from the $58.12 it cost on Friday.
BNY’s Geoff Yu notes that the Bank of Japan (BoJ) is widely expected to keep rates unchanged, but stresses that markets need a clearer tightening signal as the Japanese Yen trades near multi-decade lows. Rising fiscal c…
UOB strategists note GBP/USD edged up to 1.3326, with Gilts caught between fiscal risks from Prime Minister Burnham’s debut plans and the Oil price shock. A Bloomberg poll and UOB economist Lee Sue Ann both expect the B…
West Texas Intermediate (WTI) oil price opened at a bearish gap, down by over 7%, trading around $82.50 per barrel during the Asian hours on Monday. Crude oil prices declined after the United States (US) and Iran paused…
USD/IDR has recovered its losses from the previous trading day, hovering around 18,050 during the Asian hours on Monday. The pair appreciates as the Indonesian Rupiah (IDR) faces pressure following the surprise resignat…
USD/CAD depreciates after posting minor gains in the previous trading day, hovering around 1.4080 during the Asian hours on Monday. The pair loses ground as the US Dollar (USD) falls sharply on easing geopolitical tensi…
Here’s a brief recap of the key developments in the Middle East war that occurred over the weekend, which are expected to have a significant impact on markets in the upcoming week.
USD/JPY remains subdued for the second successive day, trading around 163.60 during the Asian hours on Monday. The pair depreciates as the Japanese Yen (JPY) receives support from lower oil prices after the United State…
The NZD/USD pair kicks off the new week on a positive note amid a broadly weaker US Dollar (USD), though it struggles to capitalize on gains beyond the 0.5800 mark.
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is losing ground after posting minor losses in the previous trading day, trading around 101.20 during the Asian se…
Gold price (XAU/USD) gains ground for the second consecutive day, trading around 4,103 per troy ounce during the Asian hours on Monday. Gold prices pushed higher as a sharp drop in oil prices eased market fears over inf…
West Texas Intermediate (WTI) – the benchmark US Crude Oil price – opens with a bearish gap at the start of a new at the start of a new week and retreats further from its highest level since June 8, around the $92.25 zo…
AUD/USD extends its gains for the second consecutive trading day, hovering near 0.7000 during the Asian hours on Monday. The pair appreciates as the US Dollar (USD) declines alongside a sharp drop in oil prices. This mo…
FRANKFURT/MILAN, July 8 (Reuters) – One of Europe’s most cantankerous banking battles in decades is becoming more a question of how and when, not if, UniCredit secures its prize, after it disclosed it was nearing contro…
Artificial intelligence penny stocks sit at the intersection of two things traders love: volatility and a big story. These stocks trade at low prices, often under $5, and they belong to small companies trying to carve o…
It's not about the iPhone 17 this time — Bank of America Securities has confidence that new products will power growth through the end of the decade, and has dramatically hiked their Apple stock target.