SELECT LANGUAGE BELOW

US Dollar softens from two-month peak as Middle East tensions cool down

US Dollar softens from two-month peak as Middle East tensions cool down

Market Update for June 9th On Tuesday, the US dollar (USD) slipped from a two-month peak, settling at approximately 99.85 during early trading in Europe. This shift follows a reduction in hostilities in the Middle East. Traders are now looking ahead to the release of the U.S. Consumer Price Index (CPI) inflation report on Wednesday, […]

Gold rates in India on June 9

Gold prices in India: Rates for May 22

Gold Prices Steady in India On Tuesday, gold prices in India showed little change, based on information gathered by FXStreet. The price for gold was nearly flat at INR 13,337.70 per gram, a slight decrease from Monday’s INR 13,349.09. For those looking at larger quantities, the price of gold was reported at Rs 155,564.20 per […]

Euro drops below 1.1550 amid Middle East uncertainty before ECB rate decision

Euro declines to around 1.1900 as traders anticipate US data

The EUR/USD exchange rate slipped to around 1.1530 in the early Asian trading session on Tuesday, largely affected by ongoing uncertainties tied to the Middle East situation. Investors are now eagerly anticipating the US May Consumer Price Index (CPI) inflation report, set to be released later on Wednesday, which could provide some new direction. Additionally, […]

Australian Dollar relies on a support from China that is slowly weakening.

Australian Dollar relies on a support from China that is slowly weakening.

On Monday, the Australian dollar attempted a recovery but struggled to gain traction. The AUD/USD pair has been influenced by China’s commodity sentiments for months, amplifying the volatility in both areas of trade. However, Friday’s non-farm payrolls (NFP) report forced a reassessment: U.S. employers added 172,000 jobs compared to an expectation of 85,000, and there […]