Gold Price Forecast: XAU/USD sellers retain control whilst below 21-day SMA near $4,650 – FXStreet

Gold Price Forecast: XAU/USD sellers retain control whilst below 21-day SMA near $4,650 FXStreet Source link
PBOC sets USD/CNY reference rate at 6.8375 vs. 6.8435 previous

The People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead on Tuesday at 6.8375 compared to the previous day’s fix of 6.8435 and 6.7909 Reuters estimate. PBOC FAQs The primary monetary policy objectives of the People’s Bank of China (PBoC) are to safeguard price stability, including exchange rate stability, […]
Samsung union, management narrow some differences in talks to avert strike, media say

Samsung union, management narrow some differences in talks to avert strike, media say Source link
StanChart targets higher return in 2028, plans 15% cut in corporate roles by 2030

StanChart targets higher return in 2028, plans 15% cut in corporate roles by 2030 Source link
Gold Price Forecast: XAU/USD Holds Above $4,500 After 4-Day Slide From $4,770 as Yields Hit 4.60% Peak – TradingNEWS

Gold Price Forecast: XAU/USD Holds Above $4,500 After 4-Day Slide From $4,770 as Yields Hit 4.60% Peak TradingNEWS Source link
Japanese Yen has quietly erased the intervention rally

The Yen drifted toward the 159.00 zone through Monday’s session and closed close to 158.80, marking a sixth straight losing day against a US Dollar that just refuses to peak. The price action itself was unremarkable, a 60-pip range on the day, but the trajectory is striking. The intervention rounds that began on April 30 […]
BP fails to reach deal with union as Indiana refinery lockout drags on

BP fails to reach deal with union as Indiana refinery lockout drags on Source link
Oil shock and US yields pressure importers – MUFG

MUFG’s Michael Wan highlights that Asian Emerging Markets (EM) currencies have weakened as higher US real yields, a stronger Dollar and elevated Oil prices weigh on sentiment. Oil-importing currencies such as Indian Rupee (INR) and Philippine Peso (PHP) are singled out as most vulnerable, alongside Indonesian Rupiah (IDR) given its sensitivity to United States (US) […]
Key moments in the Musk vs OpenAI trial

Key moments in the Musk vs OpenAI trial Source link
Gold Price Forecast: XAU/USD buyers are losing the battle – FXStreet

Gold Price Forecast: XAU/USD buyers are losing the battle FXStreet Source link
