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Oil tankers navigating the Strait of Hormuz at sunrise with Iranian coastline in the background
Forex News

Iran Engages in Intense Diplomacy to Gradually Reopen Strait of Hormuz, Al-Hadath Reports

Iran has entered into intensive diplomatic communications aimed at gradually reopening the Strait of Hormuz, according to a report from Al-Hadath. The strategic

  • by Jayshree
  • 2026-05-07
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Stack of polished silver bars and coins on a dark wooden table representing silver price rally
Forex News

Silver Price Forecast: XAG/USD Rally Continues as Bulls Target $80.00

Silver prices have extended their recent upward trajectory, with XAG/USD pushing toward key resistance levels as market participants increasingly focus on the $80.00

  • by Jayshree
  • 2026-05-07
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USD/CAD forex chart showing price above 1.3600 with 100-day EMA resistance
Forex News

USD/CAD Price Forecast: Edges Higher Above 1.3600, But Bearish Bias Persists Below 100-Day EMA

The USD/CAD pair edged higher during Monday’s trading session, recovering above the 1.3600 psychological level. However, the broader technical outlook remains tilted to

  • by Jayshree
  • 2026-05-07
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Forex trading monitors displaying EUR/GBP chart with steady price action near 0.8650
Forex News

EUR/GBP Steadies Below 0.8650 as Markets Await UK Election Outcome

The EUR/GBP currency pair held steady below the 0.8650 mark on Wednesday, as traders adopted a cautious stance ahead of the UK general

  • by Jayshree
  • 2026-05-07
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DXY chart showing upward trend with safe-haven demand driving dollar strength, as analyzed by UOB.
Forex News

DXY Edges Higher: Safe-Haven Demand Drives Dollar Strength, UOB Confirms

The DXY edges higher, supported by robust safe-haven demand. United Overseas Bank (UOB) analysts confirm this trend. The US Dollar Index reflects renewed

  • by Jayshree
  • 2026-05-07
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Financial trader monitoring USD/INR exchange rate charts amid geopolitical uncertainty
Forex News

USD/INR Rebounds as Market Awaits Iran’s Response to US One-Page Proposal

The Indian rupee weakened against the US dollar on Tuesday, with the USD/INR pair rebounding from recent lows as fresh uncertainty gripped currency

  • by Jayshree
  • 2026-05-07
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AUD/USD exchange rate board showing 0.7250 with bullish chart background
Forex News

AUD/USD Holds Bullish Bias Near 0.7250 as US Dollar Weakens

The Australian dollar continues to trade with a bullish bias against its US counterpart, hovering near the 0.7250 level and approaching multi-year highs.

  • by Jayshree
  • 2026-05-07
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Tokyo Stock Exchange building with Nikkei 225 index showing record high on digital display
Forex News

Asian stocks rally as US-Iran peace deal fuels risk appetite; Nikkei 225 hits record high

Asian stock markets traded broadly higher on Monday, led by Japan’s Nikkei 225 index which surged to a new all-time high, as investor

  • by Jayshree
  • 2026-05-07
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Close-up of a gold bullion bar on a dark surface, representing the flatlining gold price near $4,700.
Forex News

Gold Flatlines Near $4,700, Holds Near One-Week High as Dollar Weakens

Gold prices traded in a narrow range on Wednesday, hovering near the $4,700 mark and remaining close to a one-week high. The precious

  • by Jayshree
  • 2026-05-07
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US Dollar Index chart showing decline near 98.00 level on a trading screen
Forex News

US Dollar Index Dips Near 98.00 as Safe-Haven Appeal Fades on US-Iran Optimism

The US Dollar Index (DXY) edged lower to trade around the 98.00 mark on Monday, as a decline in safe-haven demand weighed on

  • by Jayshree
  • 2026-05-07
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