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Metals

XAG/USD slips below $64.00 as inflation fears increase
Silver declines as global bond selloff drives 10-year US Treasury yield to a 2025 high of 4.80%. Rising US-Iran conflict…
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Forex

British Pound declines to near 1.3500 as US-Iran tensions rise
GBP/USD weakens to around 1.3500 in Wednesday’s early European session. The US launched strikes against targets in Iran, raising fears…
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Forex

USD/JPY Price Sits near late July high; bulls retain control above 160.00
USD/JPY consolidates near its highest level since late July, set earlier this Wednesday. Japan’s fiscal woes and the rate gap…
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Forex

NZD/USD Price – New Zealand Dollar moves little following RBNZ Breman’s remarks
NZD/USD hovers around the lower boundary of the ascending channel at 0.5850. The 14-day Relative Strength Index has retreated toward…
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Forex

EUR/USD Weakens below 1.1600, further consolidation cannot be ruled out
EUR/USD softens to around 1.1575 in Wednesday’s early European session. Further consolidation cannot be ruled out with directionless RSI momentum. …
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Forex

AUD/USD Price Slides to over one-week low; 0.7125 confluence holds the key
AUD/USD turns lower following the better-than-expected Australian GDP-led uptick to mid-0.7100s. Rising Fed rate hike bets and escalating US-Iran tensions…
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Metals

Gold bounces off four-week low; remains vulnerable near $4,300 amid Fed hike bets
Gold attracts some follow-through selling as oil-driven inflation risks reaffirm Fed hike bets. Escalating US-Iran tensions benefit the safe-haven USD,…
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Forex

Swiss Franc weakens as Fed rate hike fears lift US Dollar
USD/CHF gains as the US Dollar advances on Fed rate hike fears. Global bond selloff pushed US 10-year Treasury yields…
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Forex

Rupiah Extends Losses Amid Firmer Dollar
The Indonesian rupiah slipped toward IDR 17,780 per U.S. dollar on Wednesday, down for the second session as the dollar…
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Indices

Japanese Shares Drop on Rallying Bond Yields, Oil Prices
The Nikkei 225 Index dropped 2.5% to below 64,600 while the broader Topix Index fell 1.6% to 4,115 on Wednesday,…
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