Category: Trading
Gold falls below $4,500 on rising global rate hike bets
Gold price (XAU/USD) faces some selling pressure near $4,480 during the early Asian session on Wednesday. The precious metal drops...
Fed's Paulson: Rate cuts require progress on inflation
Federal Reserve (Fed) Bank of Philadelphia President Anna Paulson said that she favored leaving interest rates unchanged and condi...
US President Donald Trump says US may strike Iran again...
US President Donald Trump threatened to resume attacks on Iran in “two or three days” as part of the push for a deal to end the wa...
Copper: Losses extend on macro headwinds – ING
ING’s Warren Patterson and Ewa Manthey report that Copper on the LME is extending losses as inflation concerns linked to the Iran ...
Japanese Yen: Fiscal risks support renewed Takaichi tra...
DBS Group Research economist Ma Tieying highlights that expectations for a new Japanese supplementary budget are reviving so‑calle...
Canadian Dollar: CPI strength seen above BoC track – TD...
TD Securities expects Canada’s April CPI to firm to 3.1% year-on-year, driven by higher energy prices and base effects from the re...
Swiss Franc dips as rising US yields overshadow stronge...
USD/CHF trades higher around 0.7870 on Tuesday at the time of writing, gaining 0.35% on the day as the US Dollar (USD) benefits fr...
Indian Rupee faces pressure as higher oil prices remain...
The Indian Rupee (INR) holds onto its 10-day losses against the US Dollar (USD) in the opening session on Tuesday.
Canada CPI expected to show rising inflation in April, ...
The publication of Canada’s April Consumer Price Index (CPI) figures on Tuesday will be the focus of attention.
Iran's army: We would open new fronts against US if it ...
According to Iran’s Iranian Students' News Agency (ISNA), Iran’s army has warned it would “open new fronts” against the United Sta...
Qatar’s Foreign Ministry: Normal traffic through Hormuz...
A spokesperson from Qatar’s Foreign Ministry said that communication between leaders in the region is ongoing and with conflict pa...
Singapore Dollar: Resistance caps USD gains – UOB
United Overseas Bank’s Quek Ser Leang notes that USD/SGD has rebounded from its recent low near 1.2660 and upward momentum is star...
