XAG/USD gains even as oil prices rebound, Fed policy awaited

XAG/USD gains even as oil prices rebound, Fed policy awaited

Silver price (XAG/USD) trades 1.14% higher to near $57.80 during the Asian trading session on Wednesday. The white metal gains even as oil prices rebound strongly due to renewed conflicts between the United States (US) and Iran. At press time, the WTI Oil price is up 3.65% to near $81.20, snapping a three-day losing streak. […]

Japan’s Yen sleeps through a regional equity crash

Japan’s Yen sleeps through a regional equity crash

The Yen trades a fraction under 164.00 on Tuesday, marginally weaker on the day, inside a 30-pip band with a floor above 163.50 and a high a few ticks beneath the standing cycle extreme. That extreme is the currency’s weakest level against the Dollar in four decades, and the pair has now spent three sessions […]

NZD/USD holds ahead of the Fed’s decision

NZD/USD holds ahead of the Fed’s decision

NZD/USD trades nearly unchanged around the 0.5785 area on Tuesday, struggling to extend its earlier recovery despite a modest decline in the US Dollar (USD). The pair rebounded from recent lows but lost momentum as investors avoided large positions ahead of Wednesday’s Federal Reserve (Fed) monetary-policy announcement. The Greenback came under pressure after the Conference […]