Silver Price Forecast: XAG/USD Holds Below $59.00 as Hormuz Tensions Resurface
The silver market is navigating a delicate balance between renewed geopolitical risk and persistent economic headwinds, with the XAG/USD pair trading below the
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Japanese Yen Softens Against Dollar as Intervention Fears Loom
The Japanese yen has continued its downward trajectory against the US dollar, trading near the 152 mark, as market participants remain on edge
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Japan Retail Sales Accelerate in May, Rising 1.9% Month-on-Month
Japan’s retail trade sector showed renewed momentum in May, with seasonally adjusted month-on-month (MoM) growth reaching 1.9%, up from a revised 1.3% increase
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Gold Dips to Near $4,050 as US-Iran Talks Uncertainty Rattles Markets
Gold prices edged lower on Tuesday, slipping to near the $4,050 mark, as uncertainty surrounding the ongoing US-Iran nuclear talks weighed on investor
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PBOC Sets Yuan Reference Rate at 6.8175 per Dollar, Slightly Weaker Than Previous Fix
The People’s Bank of China (PBOC) set the official USD/CNY reference rate at 6.8175 on Wednesday, marginally weaker than the previous day’s fix
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British Pound Edges Lower as Safe-Haven Demand Intensifies
The British Pound edged lower against a basket of major currencies on Tuesday, as renewed geopolitical tensions and uncertainty surrounding global growth prospects
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Japan Large Retailer Sales Surge to 5% in May, Signaling Strong Consumer Demand
Japan’s large retailer sales accelerated sharply in May 2025, climbing to 5% year-on-year from a revised 2% in April, according to official data
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Euro Holds Ground Against Dollar as US-Iran Nuclear Talks Cloud Outlook
The euro has maintained its recent strength against the US dollar, even as uncertainty surrounding renewed nuclear negotiations between the United States and
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Iran Reasserts Control Over Strait of Hormuz as US Talks Rumors Surface
Iran has reiterated its firm control over the strategic Strait of Hormuz, a vital chokepoint for global oil shipments, amid emerging but unconfirmed
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Andy Burnham to Unveil Plan to Shift Power from London to Regions
Andy Burnham, the Mayor of Greater Manchester, is expected to announce a comprehensive plan aimed at redistributing political and economic power away from