Iran strikes US bases in Jordan, Kuwait and Bahrain as retaliation widens across region
This is a categorically different order of escalation. Long-range missile strikes on Al-Azraq in Jordan, home to F-35 infrastructure and command-and-control facilities, signal that Iran is prepared to hit high-value…
USDJPY Steadies Above 160 on Looming Intervention
USDJPY remains firm and holds above 160 level for the third consecutive day, despite repeated warnings from Japan’s officials about intervention. Growing speculations about Fed rate hike this year continue…
The NZD, AUD and CAD are all rising vs the USD with the help of risk-on flows.
The NZDUSD and AUDUSD fell sharply last week, with the help of the stock liquidation on Friday. That led to risk off flows for the currencies and a flight into…
China’s CPI inflation misses expectation in May: What 1.2% means for the Australian Dollar
China’s Consumer Price Index (CPI) climbed 1.2% in May from a year ago after arriving at a rise of 1.2% in April, the National Bureau of Statistics of China reported on Wednesday. The market consensus…
Gold slumps below $4,250 on renewed US-Iran tensions, US CPI data in focus
Gold price (XAU/USD) attracts some sellers to around $4,235, the lowest since March 23, during the early Asian session on Wednesday. The precious metal extends its downside on renewed tensions…
Iran’s Araghchi: Powerful armed forces will not ignore any attack or threat
Iran's Foreign Minister Abbas Araghchi warned the United States (US) to leave the region or face consequences, adding that Iran's armed forces would not leave any attack or threat unanswered.His remarks…
US military launches strikes on Iran to retaliate for downed helicopter
The United States (US) officials said that the second round of strikes in Iran is taking place now, targeting air defense and radar systems, Axios reported early Wednesday.This action came…
WTI crude oil futures settled at $88.20 down $3.10
Crude oil futures are settling down $3.10 on the day at $88.20, after a wide trading range between a low of $85.95 and a high of $91.55.Looking at the daily…
Gold falls nearly 2% as traders eye U.S. consumer inflation data for rate cues
Gold falls nearly 2% as traders eye U.S. consumer inflation data for rate cues Source link
Australian Dollar tests six-week low as Trump rattles markets
The Aussie Dollar edges lower, some 0.25% against the Greenback on Tuesday as the market mood turned sour due to Trump's threats to retaliate against Iran after a helicopter was…
