Gold trades within familiar range as traders weigh US-Iran developments and Fed outlook
Gold (XAU/USD) remains trapped within a two-week range on Tuesday as traders track rapidly changing headlines from the Middle East. At the time of writing, XAU/USD trades around $4,493 after touching an intraday high of $4,541. Iran’s Fars News Agency, citing an informed source, reported that the exchange of messages between Iran and the United […]
Consolidation before breakout against Euro – Societe Generale
Societe Generale analysts observe that EUR/PLN is trading near an ascending trendline from February 2025 and oscillating around its 200-day moving average. The pair is currently confined within a 4.2100–4.2650 consolidation band. A break outside this range is seen as essential to confirm a clearer directional trend in the coming weeks. Range trade between 4.2100 […]
Inflation pressures complicate ECB path – Rabobank
Rabobank’s Senior Market Strategist Stefan Koopman argues that higher energy and raw material costs, along with supply chain delays, are set to lift Euro area goods inflation in coming months. Koopman says the European Central Bank (ECB) will raise rates next week to signal vigilance but must be cautious as demand weakens, while Eurostat’s flash […]
Euro gains traction above 1.1600 ahead of Eurozone HICP inflation release
The EUR/USD pair holds positive ground near 1.1635 during the early European trading hours on Tuesday. Hawkish stance of the European Central Bank (ECB) provides some support to the Euro (EUR) against the US Dollar (USD). Traders brace for the preliminary reading of Harmonized Index of Consumer Prices (HICP) from the Eurozone, which is due later […]
Australian Dollar softens to near 0.7150 as Middle East tensions rise
The AUD/USD pair loses ground to near 0.7155 during the Asian trading hours on Tuesday, pressured by broader geopolitical uncertainties. Traders await Middle East ceasefire developments and key economic data from both Australia and the United States (US). Australia’s Gross Domestic Product (GDP) report for the first quarter (Q1) is due on Wednesday. The US […]
Stabilisation expected as BoJ tightens – BNP Paribas
BNP Paribas sees Japan’s Gross Domestic Product (GDP) growth slowing to 0.5% in 2026 from 1.1% in 2025 as the energy shock weighs on activity. Inflation is expected to stay above the 2% target through at least 2028. The Bank of Japan (BoJ) is projected to continue its gradual normalisation, with a 25 bp hike […]
CPI path cushions downside against dollar – BBH
Brown Brothers Harriman’s (BBH) Elias Haddad expects Eurozone May Consumer Price Index (CPI) to remain close to the European Central Bank’s (ECB) baseline projections, with risks skewed slightly lower after softer German data. Markets have nearly fully priced a 25 bps hike to 2.25% on June 11. Haddad argues that tightening in a sluggish growth, […]
Supported by ECB hikes and AI investment – BNP Paribas
BNP Paribas projects Eurozone Gross Domestic Product (GDP) growth slowing from 1.5% in 2025 to 1.0% in 2026 and 1.3% in 2027, with inflation rebounding to 3.0% and 3.3%. Activity is seen withstanding the energy shock thanks to investment in defence, AI and electrification. The European Central Bank (ECB) is expected to deliver two 25 […]
Gold price in India: Rates on June 1
Gold prices fell in India on Monday, according to data compiled by FXStreet. The price for Gold stood at 13,827.12 Indian Rupees (INR) per gram, down compared with the INR 13,895.92 it cost on Friday. The price for Gold decreased to INR 161,277.10 per tola from INR 162,079.30 per tola on friday. Unit measure Gold […]
US President Donald Trump seeking edits to US-Iran deal
US President Donald Trump has sought to change several terms of a proposal to end the US-Israel war on Iran, the BBC reported on Sunday. The changes are related to the Strait of Hormuz and the removal of highly enriched uranium. However, Axios reported that Trump wanted to reinforce multiple points of the deal that […]
