Stability relies on tighter BI policy – UOB

UOB’s Enrico Tanuwidjaja and Vincentius Ming Shen note that Indonesia’s FX reserves fell further in May as Bank Indonesia (BI) stepped up interventions to support the Rupiah, which has weakened sharply year-to-date. They expect FX reserves to stay under pressure as risk-off sentiment persists, with BI likely to keep tightening policy and using FX operations […]
Why is Payoneer Global stock surging today?
Why is Payoneer Global stock surging today? Source link
Gold Price Forecast: XAU/USD holds losses below $4,360 despite a softer USD – FXStreet

Gold Price Forecast: XAU/USD holds losses below $4,360 despite a softer USD FXStreet Source link
Apple will not launch new Siri AI in EU amid compliance issues, spokesperson says

Apple will not launch new Siri AI in EU amid compliance issues, spokesperson says Source link
Gold Price Today, June 09: XAU/USD Climbs Toward $4,350 as Traders Weigh the Fed Rate Outlook – Markets.com

Gold Price Today, June 09: XAU/USD Climbs Toward $4,350 as Traders Weigh the Fed Rate Outlook Markets.com Source link
Indian Rupee rebounds as oil prices tumble on US-Iran deal hopes

The Indian Rupee (INR) recovers against the US Dollar (USD) at open on Tuesday after a sharp decline the previous day. The USD/INR pair drops to near 95.35 as oil prices extend their decline, following comments from United States (US) President Donald Trump that a deal with Iran could be finalized in two or three […]
European defense stocks slide after Morgan Stanley downgrades sector view
European defense stocks slide after Morgan Stanley downgrades sector view Source link
Gold (XAUUSD) & Silver Price Forecast: China Buying Supports Floor — Can Gold Hold While Silver Drops? – FXEmpire

Gold (XAUUSD) & Silver Price Forecast: China Buying Supports Floor — Can Gold Hold While Silver Drops? FXEmpire Source link
Why is the British Pound struggling when the BoE is considering rate hikes?

The British Pound (GBP) is struggling as mounting political uncertainty and deteriorating economic indicators complicate the United Kingdom’s outlook. Ahead of the key Gross Domestic Product (GDP) April data to be released on Friday, financial markets are balancing the risk of an economic contraction against the probability of further interest rate hikes by the Bank […]
GSK boosts lung cancer portfolio with $10.6 billion Nuvalent takeover

GSK boosts lung cancer portfolio with $10.6 billion Nuvalent takeover Source link
