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Forex
JPY – lower vs firmer USD on Iran tensions; intervention risks limit losses
USD/JPY attracts some dip-buyers as Iran tensions and hawkish Fed bets revive the USD demand. Reviving inflationary concerns act as…
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Energies
WTI rises above $95.50 as Trump rejects Iran’s proposal
WTI gained after Trump rejected Iran’s proposal, keeping the Strait of Hormuz effectively closed. Drone strikes hit a cargo ship…
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Forex
NZD weakens to near 0.5950 despite hotter Chinese CPI inflation data
NZD/USD softens to around 0.5950 in Monday’s early Asian session. China’s April CPI and PPI came in hotter than expected…
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Forex
AUD holds losses following China’s CPI inflation data
AUD/USD weakened as the US Dollar strengthened amid rising market risk aversion. China’s CPI rose 1.2% YoY in April, above…
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Forex
CAD remains depressed vs firmer USD; rising Oil prices limit further losses
USD/CAD trades with positive bias for the fourth straight day amid a broadly firmer USD. Iran tensions and hawkish Fed…
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Metals
XAG/USD jumps above $81.50 on strong industrial demand
Silver price climbs to around $81.50 in Monday’s early Asian session, adding 1.45% on the day. Demand from rising industrial…
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Metals
China’s Gold-buying spree continues with Hong Kong ETFs hitting records
China and Hong Kong registered inflows in Gold ETFs during April, with the latter seeing record-high numbers. Chinese demand for…
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Markets
US Dollar Index advances after Trump and Iran dismissed latest peace initiatives
US Dollar Index gains as risk aversion rises after President Trump and Iran rejected each other’s latest peace proposals. President…
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Forex
USD/CHF moves to near 0.7785 as hopes of US-Iran truce in near term fades
The USD/CHF pair rises to near 0.7785 as the US dismisses Iran’s response to its peace proposal. Iran wants the…
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Forex
EUR/JPY – Tests 50-day EMA barrier near 185.00
EUR/JPY is challenging immediate resistance at the 50-day EMA of 184.86. The 14-day Relative Strength Index around 47 indicates momentum…
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