Gold Price Today, August 5: XAU/USD Near $4,085 – Markets.com

Gold Price Today, August 5: XAU/USD Near $4,085 Markets.com Source link
Swiss Franc receives support as US Dollar weakens on easing risk aversion

USD/CHF extends its losses for the third consecutive day, trading around 0.8060 during the Asian hours on Thursday. The pair depreciates as the US Dollar (USD) faces headwinds from declining safe-haven demand. Market sentiment shifted following reports that Iran and Oman have reached an agreement on a shipping route through the Strait of Hormuz, boosting […]
Hong Kong insurers slide as China tightens tax scrutiny on offshore policies

Hong Kong insurers slide as China tightens tax scrutiny on offshore policies Source link
Gold Price Stays Rangebound as Market Optimism Fades: XAU/USD Outlook – CryptoRank

Gold Price Stays Rangebound as Market Optimism Fades: XAU/USD Outlook CryptoRank Source link
British pound holds steady as Iran hopes, Fed repricing undermine USD

The GBP/USD pair is seen consolidating its gains recorded over the past two days and trading around the 1.3470 region during the Asian session on Thursday. Nevertheless, spot prices remain confined within Monday’s broader range as traders opt to wait for further developments surrounding the Middle East crisis before placing fresh directional bets. Iran’s Foreign […]
CDC says 345 sickened in Salmonella outbreak tied to jalapeno peppers

CDC says 345 sickened in Salmonella outbreak tied to jalapeno peppers Source link
Gold News: XAUUSD Price Soars as Iran Talks Cut Oil and Rate-Hike Odds – Forex Factory

Gold News: XAUUSD Price Soars as Iran Talks Cut Oil and Rate-Hike Odds Forex Factory Source link
Repricing risk as policymakers resist weakness – DBS

DBS Group Research economist Philip Wee argues that Asian currencies may face repricing risk as global policymakers increasingly resist competitive depreciation. He highlights US support for Japanese Yen stabilization as a signal to curb broader Asian currency weakness and notes European Union concerns over Chinese Yuan undervaluation. Wee concludes investors should focus more on Asian […]
Phillips 66 beats quarterly estimates as Iran war boosts US refining margins

Phillips 66 beats quarterly estimates as Iran war boosts US refining margins Source link
