Japanese Yen holds as markets await Tokyo inflation data

Japanese Yen holds as markets await Tokyo inflation data

USD/JPY trades slightly higher near the 163.80 area on Tuesday, remaining close to multi-decade highs as the Japanese Yen (JPY) struggles to attract demand. Softer United States (US) consumer confidence data limited the US Dollar’s advance, although the pair maintained its upward bias. The Conference Board Consumer Confidence Index declined to 90.8 in July from […]

Silver slips as US-Iran talks lift risk appetite before Fed decision

Silver slips as US-Iran talks lift risk appetite before Fed decision

Silver (XAG/USD) trades around $57.40 on Tuesday at the time of writing, down 1.71% on the day. The white metal is under pressure as the US Dollar (USD) regains some strength and investors reduce their exposure to safe-haven assets ahead of the Federal Reserve’s (Fed) monetary policy decision. Market sentiment improves following the latest comments […]