• USTR’s Greer: Keeping the Strait of Hormuz Open Is Crucial for China’s Economy and Global Trade
  • Aave Labs Proposes Major Bug Bounty Overhaul, Boosting Top Reward to $5 Million
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NYSE trading floor with Dow Jones ticker showing a decline amid Iran deal uncertainty
Forex News

Dow Jones Reverses Gains as Iran Nuclear Deal Hopes Hit Hard Reality

The Dow Jones Industrial Average reversed earlier gains on Wednesday as initial optimism surrounding a potential nuclear deal with Iran gave way to

  • by Jayshree
  • 2026-05-07
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Gold bar and crude oil barrel on dark wooden surface symbolizing commodity price movements
Forex News

Gold Retreats from Two-Week Highs as Oil Rebounds on Rising Hormuz Tensions

Gold prices edged lower on Tuesday, pulling back from two-week highs, as a sharp rebound in crude oil—fueled by escalating tensions near the

  • by Jayshree
  • 2026-05-07
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Exterior of the Federal Reserve Bank of Cleveland building on a cloudy day.
Forex News

Fed’s Hammack Advocates for Neutral Policy Stance, Signaling Cautious Approach

Federal Reserve Bank of Cleveland President Beth Hammack has stated that the central bank should adopt a neutral policy stance, a position that

  • by Jayshree
  • 2026-05-07
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Close-up of gold bars in a vault representing safe-haven demand and market uncertainty.
Forex News

Gold Extends Rally as Traders Reassess Fed Outlook Amid Softer Oil Prices

Gold prices continued their upward trajectory on Wednesday, extending a rally driven by shifting expectations for Federal Reserve monetary policy and a concurrent

  • by Jayshree
  • 2026-05-07
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Gold bar on wooden table with Federal Reserve building and economic chart in background
Forex News

Fed’s Higher-for-Longer Rate Stance Weighs on Gold, TD Securities Warns

TD Securities has issued a note to clients suggesting that the Federal Reserve’s commitment to maintaining elevated interest rates for an extended period

  • by Jayshree
  • 2026-05-07
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Exterior of the Riksbank building in Stockholm on a cloudy day
Forex News

SEK Steady: Riksbank Holds as Low Inflation Gives Policy Space – Nomura

The Swedish Riksbank held its key interest rate unchanged at its latest meeting, a decision that aligns with market expectations and reflects the

  • by Jayshree
  • 2026-05-07
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GBP and USD banknotes on desk with financial charts background
Forex News

GBP/USD Under Pressure as Election Risks Mount, Warns Societe Generale

The British pound is facing renewed headwinds against the US dollar as political uncertainty surrounding the upcoming general election continues to weigh on

  • by Jayshree
  • 2026-05-07
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European Central Bank headquarters in Frankfurt at dusk with overcast sky, symbolizing economic uncertainty and mixed data.
Forex News

EUR Outlook: Mixed European Data as Fiscal and Construction Risks Loom, Warns BNY

The euro’s near-term trajectory remains clouded by a combination of mixed economic signals from across the continent, with fiscal policy uncertainties and a

  • by Jayshree
  • 2026-05-07
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Oil refinery at dusk with smokestacks and storage tanks under a hazy orange sky
Forex News

Oil Supply Shock Keeps Inflation Risks Elevated, TD Securities Warns

A sustained supply shock in global oil markets is keeping inflation risks alive, according to a new analysis from TD Securities. The warning

  • by Jayshree
  • 2026-05-07
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Digital trading screen showing USD/MXN exchange rate in red, indicating peso weakness
Forex News

USD/MXN: Commerzbank Sees Further Peso Weakness Ahead

Analysts at Commerzbank have signaled that the Mexican peso is likely to face continued depreciation against the US dollar in the coming months.

  • by Jayshree
  • 2026-05-07
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