Gold Retreats to $4,450 as Hopes for Iran Peace Deal Fade
Gold prices slipped to near $4,450 per ounce on Tuesday, retreating from recent highs as optimism for a diplomatic resolution to tensions with
Forex News
Forex News
Japan’s Katayama Signals Readiness to Act on Forex Volatility
Japan’s top currency diplomat, Atsushi Katayama, has signaled that authorities are prepared to take appropriate action in foreign exchange markets if necessary, reinforcing
Forex News
Fed’s Hammack Warns Inflation Could Force Action ‘Soon’
Federal Reserve Bank of Cleveland President Beth Hammack issued a notable warning on Tuesday, stating that persistent inflationary pressures may require the central
Forex News
Japanese Yen Intervention Risk Seen Underpriced Against US Dollar, ING Warns
Strategists at ING have issued a note cautioning that the risk of Japanese authorities intervening in the currency market to support the yen
Forex News
Australia’s S&P Global Services PMI Beats Estimates: What It Means for AUD/USD
The Australian dollar edged higher on Monday after the release of the S&P Global Services Purchasing Managers’ Index (PMI) for February 2025, which
Forex News
GBP/JPY Price Forecast: Uptrend Intact as Market Eyes 216.00, BoJ Risks Remain
The British pound continues to hold its ground against the Japanese yen, with the GBP/JPY pair maintaining a clear uptrend that keeps the
Forex News
UOB Revises China’s 2Q26 Growth Outlook Lower Amid Persistent Headwinds
Singapore’s United Overseas Bank (UOB) has revised its gross domestic product (GDP) growth forecast for China in the second quarter of 2026 downward,
Forex News
Silver Faces Supply Deficits as TD Securities Upgrades Forecasts on Gold Strength
TD Securities has raised its price outlook for silver and platinum group metals (PGMs), citing persistent supply deficits and the expected continued strength
Forex News
ECB Hiking Cycle Likely to Extend as Inflation Persists, Nordea Warns
The European Central Bank’s (ECB) current hiking cycle is expected to extend beyond initial market expectations, according to a new analysis from Nordea.
Forex News
New Zealand Dollar Under Pressure as US Labor Data Strengthens
The New Zealand Dollar (NZD) faced notable selling pressure during Wednesday’s trading session, extending its recent decline against the US Dollar (USD). The