Gold price attracts sellers for the fourth consecutive day amid the tariffs-block news. Sustained USD buying and hawkish FOMC Minutes weigh further on the XAU/USD…
The Japanese Yen weakens across the board as the tariff-block news undermines safe-haven assets. The USD benefits from Wednesday’s hawkish FOMC Minutes and further supports…
Pound Sterling (GBP) is entering Wednesday’s NA session unchanged vs. the US Dollar (USD), trading flat around 1.3500 just below Monday’s multi-year high, Scotiabank’s Chief…
The US Dollar (USD) is trading lower overall on the day, after easing back from its overnight peaks against the major currencies as global stocks…
Gold price turns lower following an Asian session uptick amid some follow-through USD buying. A positive risk tone further undermines the XAU/USD pair, though the…
The Japanese Yen attracts some intraday sellers on Wednesday, though it lacks follow-through. Reports that Japan will take action to curb a rise in JGBs…
The Pound Sterling corrects to 1.3550 against the US Dollar amid uncertainty over the US economic outlook. Fed’s Kashkari warns of stagflation risks under the…
Gold price drifts lower for the second straight day and is pressured by a combination of factors. The optimism around the EU’s tariff delay and…
The Japanese Yen catches fresh bids in reaction to Japan’s strong Services PPI. The data reaffirms BoJ rate hike bets and boosts the JPY amid…
President Trump rescinded his threat of 50% tariffs on EU imports over the weekend, delaying the decision until July 9th, the original end date of…