Indian Rupee rebounds as oil prices tumble on US-Iran deal hopes
The Indian Rupee (INR) recovers against the US Dollar (USD) at open on Tuesday after a sharp decline the previous day. The USD/INR pair drops to near 95.35 as oil prices extend their decline, following comments from United States (US) President Donald Trump that a deal with Iran could be finalized in two or three […]
European defense stocks slide after Morgan Stanley downgrades sector view
European defense stocks slide after Morgan Stanley downgrades sector view Source link
Gold (XAUUSD) & Silver Price Forecast: China Buying Supports Floor — Can Gold Hold While Silver Drops? – FXEmpire
Gold (XAUUSD) & Silver Price Forecast: China Buying Supports Floor — Can Gold Hold While Silver Drops? FXEmpire Source link
Why is the British Pound struggling when the BoE is considering rate hikes?
The British Pound (GBP) is struggling as mounting political uncertainty and deteriorating economic indicators complicate the United Kingdom’s outlook. Ahead of the key Gross Domestic Product (GDP) April data to be released on Friday, financial markets are balancing the risk of an economic contraction against the probability of further interest rate hikes by the Bank […]
GSK boosts lung cancer portfolio with $10.6 billion Nuvalent takeover
GSK boosts lung cancer portfolio with $10.6 billion Nuvalent takeover Source link
Gold Price Forecast: XAU/USD rebounds but not out of the woods yet – FXStreet
Gold Price Forecast: XAU/USD rebounds but not out of the woods yet FXStreet Source link
Australian Dollar holds gains against Japanese Yen as China’s Trade Balance rises more than expected
The AUD/JPY cross posts modest gains near 112.90 during the Asian trading hours on Tuesday. A larger-than-expected China trade surplus provides some support to the China-proxy Australian Dollar (AUD). Markets are on high alert for foreign exchange intervention from Japanese authorities. China’s Trade Surplus surged to $105.43 billion in May, widening from $84.82 billion recorded […]
US says BYD, Baidu, Alibaba and other tech giants are aiding China’s military
US says BYD, Baidu, Alibaba and other tech giants are aiding China’s military Source link
Gold and Silver Price Forecast: XAUUSD Breakdown Signals More Pain Ahead – FXEmpire
Gold and Silver Price Forecast: XAUUSD Breakdown Signals More Pain Ahead FXEmpire Source link
Gold edges lower below $4,350 as Fed rate hike expectations grow
Gold price (XAU/USD) trades with mild losses around $4,325 during the early Asian session on Tuesday. The precious metal remains on the defensive near its lowest since March 24 amid uncertainty in the Middle East and rising bets of a US interest rate hike. Bloomberg reported on Monday that Iran and Israel agreed to ease […]
