Rally fades into range trade against US Dollar – UOB

UOB’s Quek Ser Leang and Lee Sue Ann note that GBP/USD gapped lower after briefly breaking above 1.3445, with momentum turning down and risks of a test below 1.3360, though 1.3320 is seen as distant for now. They judge that the advance from late last month has ended and expects a 1.3320–1.3445 range in coming […]
TSMC posts record revenue in second quarter on AI demand

TSMC posts record revenue in second quarter on AI demand Source link
Gold Price Forecast: XAU/USD Faces Defining Week as CPI, Warsh Testimony and Hormuz Risks Collide – Forex Factory

Gold Price Forecast: XAU/USD Faces Defining Week as CPI, Warsh Testimony and Hormuz Risks Collide Forex Factory Source link
Hovers around nine-day EMA near 162.00

USD/JPY gains ground after two days of losses, trading around 162.00 during the Asian hours on Monday. The currency pair is keeping a bullish near-term bias as spot holds above both the nine-period and 50-period Exponential Moving Averages (EMAs). Additionally, the daily technical analysis indicates that the USD/JPY pair is remaining within an ascending channel […]
Ryohin Keikaku shares hit record high after raising FY earnings outlook

Ryohin Keikaku shares hit record high after raising FY earnings outlook Source link
Gold Price Forecast: XAU/USD eyes $4,000 as Hormuz closure lifts Oil prices, inflation fears – FXStreet

Gold Price Forecast: XAU/USD eyes $4,000 as Hormuz closure lifts Oil prices, inflation fears FXStreet Source link
XAG/USD falls to near $59.00 amid rising US-Iran strikes

Silver price (XAG/USD) extends its gains for the second successive day, trading around $59.00 per troy ounce during the Asian hours on Monday. The price of the non-yielding white metal falls as escalating United States (US)-Iran missile strikes push oil higher, sparking fears of inflation and higher interest rates. The US Central Command (CENTCOM) launched […]
Asia tech set for another volatile quarter as AI leaders face valuation test
Asia tech set for another volatile quarter as AI leaders face valuation test Source link
NZ’s Fonterra trims top end of annual milk price forecast on weak demand

NZ’s Fonterra trims top end of annual milk price forecast on weak demand Source link
Gold Analysis: XAU/USD attempts to hold above the $4,500 level – FOREX.com

Gold Analysis: XAU/USD attempts to hold above the $4,500 level FOREX.com Source link
