Hawkish remarks from RBA’s Hunter lift Australian Dollar

The Australian Dollar (AUD) trades 0.23% higher to near 0.6943 against the US Dollar (USD) during the Asian trading session on Wednesday. The Aussie pair gains as the Australian Dollar outperforms its major currency peers, except the New Zealand Dollar (NZD), with the Reserve Bank of Australia (RBA) keeping the door open for further monetary […]
Why is Inpex stock rallying today?

Why is Inpex stock rallying today? Source link
Gold Price Forecast: XAU/USD extends pullback from $4,200 as eyes turn to Fed Minutes – FXStreet

Gold Price Forecast: XAU/USD extends pullback from $4,200 as eyes turn to Fed Minutes FXStreet Source link
Gold edges lower to near $4,100 on renewed US–Iran tensions

Gold price (XAU/USD) loses ground to around $4,100 during the early Asian session on Wednesday. The precious metal faces new selling pressure after the US vows a response against Iran following reports of attacks on three oil tankers in and around the Strait of Hormuz. Traders await the release of the Federal Reserve’s (Fed) June meeting […]
Latin American countries, some steelmakers argue for US tariff exemptions

Latin American countries, some steelmakers argue for US tariff exemptions Source link
Gold Price Short-term Outlook: XAU/USD Bulls Try to Carve Out a Low After 30% Drop – FOREX.com

Gold Price Short-term Outlook: XAU/USD Bulls Try to Carve Out a Low After 30% Drop FOREX.com Source link
Hormuz security risks support prices – BNY

Geoff Yu reports that a Qatari LNG carrier was struck near the Strait of Hormuz, reviving security concerns and lifting European gas prices and Brent, WTI, Omani and Dubai crude benchmarks. He notes fragmented shipping routes, heightened shipowner anxiety, and warns that the incident pressures already fragile U.S.–Iran peace discussions and Qatar’s LNG export plans. […]
Why is Capita stock plunging today?

Why is Capita stock plunging today? Source link
Gold (XAUUSD) & Silver Price Forecast: Gold Breaks Trendline at $4,127 as Silver Holds $60.69 Ahead of FOMC — Next Move? – FXEmpire

Gold (XAUUSD) & Silver Price Forecast: Gold Breaks Trendline at $4,127 as Silver Holds $60.69 Ahead of FOMC — Next Move? FXEmpire Source link
RBNZ hike seen but path questioned – Commerzbank

Volkmar Baur at Commerzbank expects the Reserve Bank of New Zealand (RBNZ) to raise rates at its July meeting to reinforce its inflation-fighting credentials, which should initially support the New Zealand Dollar (NZD). However, he argues that current market pricing of about 3.5 hikes over 12 months is excessive, and the eventual repricing of this […]
