United States Dollar Index trades calm while US-Iran deal uncertainty escalates
The US Dollar (USD) trades quietly in the Asian trading session on Wednesday, even as uncertainty surrounding the United States (US)-Iran deal has escalated, following the exchange of attacks between…
Why is the British Pound uninspired by the hawkish BoE tone?
GBP/USD moves little following a four-day winning streak, trading around 1.3470 during the Asian hours on Wednesday. The pair steadies as the US Dollar (USD) remains firm, driven by stalled…
Gold dips as traders weigh fresh Middle East tensions, strong US jobs data
Gold dips as traders weigh fresh Middle East tensions, strong US jobs data Source link
Australian Dollar holds below multi‑decade high vs Yen after weak GDP
The AUD/JPY cross remains on the defensive following the release of Australia's GDP report, though it manages to hold above the 114.50 area through the Asian session on Wednesday. Moreover,…
US forces conduct strikes after Iran’s attack
The United States Central Command (CENTCOM) said on Tuesday that it had intercepted and defeated a series of Iranian missile and drone attacks targeting regional neighbors, including Kuwait and Bahrain,…
US Stock Futures Dipped on Conflicting US-Iran News After S&P 500 Scaled a Historic High
Key takeaways Global equities climbed to fresh record highs as optimism surrounding ongoing U.S.-Iran diplomatic negotiations combined with relentless AI-driven capital expenditure, boosting major indices including the S&P 500, Nasdaq,…
Gold declines to near $4,450 amid fading Iran peace hopes
Gold price (XAU/USD) tumbles to around $4,465 during the early Asian session on Wednesday. The precious metal extends the decline amid uncertainty surrounding the peace deal between the United States…
Mexican sugar producers push to scrap US import quotas
Mexican sugar producers push to scrap US import quotas Source link
MENA FX: Carry unwinds pressure regional currencies – BNY
BNY's Bob Savage notes that most MENA (Middle East and North Africa) currencies saw net selling in May after a brief April respite, with fixed income also underperforming. Rising global…
Euro Area Inflation to Affirm June ECB Hike
In focus today In the US, the April JOLTS report is due for release in the afternoon. The Fed follows the number of job openings as a key measure of…
