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…
Analysis-A strong El Nino may be imminent. Climate change will make its effects worse
Analysis-A strong El Nino may be imminent. Climate change will make its effects worse Source link
Philippine Peso: Year-end 2026 forecast raised to 62.7 against US Dollar – DBS
Philip Wee at DBS Group Research has raised his USD/PHP year-end 2026 forecast to 62.7 from 57.8, reflecting persistent external and domestic pressures. The closure of the Strait of Hormuz…
Chinese Yuan: Global usage trends higher in 2026 – Standard Chartered
Standard Chartered’s Tommy Wu reports that the bank’s revamped Renminbi Globalisation Index shows higher global RMB usage in February–April 2026 versus late 2025. The index, rebased to January 2015, rose…
Sunrise Market Commentary – ActionForex
Markets Iran yesterday suspended talks with the US over the ongoing war between Israel and the Lebanon-based Hezbollah. It threatened to attack Israel in response and warned for the “axis…
Silver Price Forecast: XAG/USD struggles to regain momentum below 50-day SMA
Silver (XAG/USD) pulls back from intraday highs on Tuesday as the US Dollar (USD) rebounds amid lingering uncertainty over whether the United States and Iran can reach a deal to…
Singapore Dollar: Range trade persists against US Dollar – UOB
UOB’s Quek Ser Leang and Lee Sue Ann note that USD/SGD stayed firm on Monday, closing around 1.2788 after trading between 1.2759 and 1.2803, supported by a stronger US Dollar…
