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Gold price rises as risk aversion intensifies following reports of Israeli missiles striking a site in Iran. Iran’s Fars News Agency reported explosions at the central Isfahan airport. The gains in the US Dollar could limit the advance of the Gold prices. Gold price surges to nearly $2,410 per troy

The Pound Sterling moves higher to 1.2480 as investors see the BoE delaying rate cuts. UK’s stable wage growth is limiting the slowdown in price pressures. The US Dollar corrects despite the Fed’s stance towards keeping interest rates higher for a longer period. The Pound Sterling (GBP) extends its

Analysts at BBH share their near-term outlook for the US Dollar Index (DXY). Chair Powell and other Fed officials have taken a more hawkish turn "The dollar rally is taking a breather. DXY is trading lower for the first time since last Monday near 106.165 after making a new cycle yesterday near 106.

USD/CAD pulls back from the high level of 1.3846, which has not been seen since mid-November. The US Dollar may strengthen further on the likelihood of the Fed extending its tight monetary policy. The lower WTI price could limit the advance of the Canadian Dollar. USD/CAD retreats from a five-month

Asia market update: NZ CPI weakest q/q since 2021; JP Trade data mixed; Rio Q1 production mixed with China emphasized; Continued Asian currency pressures; Aussie employment tomorrow. General trend - New Zealand Q1 CPI printed its weakest quarterly reading since mid-2021, however non-tradeable CPI wa

In an interview with CNBC on Tuesday, European Central Bank (ECB) President Christine Lagarde said that the ECB will cut rates soon, barring any major surprises, per Reuters. "Subject to no development of additional shock, it will be time to moderate restrictive monetary policy in reasonably short o

The New Zealand dollar has stabilized on Monday after as sharp decline of 1% on Friday. In the European session, NZD/USD is trading at 0.5945, up 0.14%. The New Zealand dollar dropped as low as 0.5927 earlier, its lowest point since November 14. NZ Services PSI declines New Zealand’s services sector