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US Dollar Index stays near 99.00 because of hopes for US-Iran peace

US Dollar Index stays near 99.00 because of hopes for US-Iran peace

The US dollar index (DXY), which gauges the dollar’s value against six major currencies, has shown some stability, lingering around 99.10 during Asian trading hours on Thursday, following a minor dip the day before. As traders evaluate the possible economic consequences of peace negotiations between the US and Iran, the dollar continues to rise, especially […]

Gold Price Outlook: Short-term sentiment stays negative as 20-day EMA trends downward

Gold prices in India: Rates on May 18

Gold Prices Decline Amidst Firm Treasury Yields Gold prices (XAU/USD) dropped by 0.55% to approximately $4,540 during European trading on Tuesday. The yellow metal is facing downward pressure as U.S. Treasury yields remain robust, fueled by expectations that the Federal Reserve will hold interest rates steady for the remainder of the year. At this moment, […]

Japanese Yen stays weak even with better-than-anticipated GDP figures.

Japanese Yen stays weak even with better-than-anticipated GDP figures.

USD/JPY Continues Upward Trend Amid Economic Data The USD/JPY pair has climbed for seven consecutive days, hovering around 159.00 during Asian trading on Tuesday. This increase comes despite the Japanese Yen remaining relatively weak, even as Japan’s preliminary economic growth figures surpassed expectations. Japan’s gross domestic product (GDP) growth for the first quarter of 2026 […]

Swiss Franc stays steady around a multi-week low due to Fed rate adjustments

Swiss Franc stays steady around a multi-week low due to Fed rate adjustments

USD/CHF Stability Amid US-Iran Tensions During early trading on Monday in Europe, the USD/CHF pair held steady around 0.7870. This level marks the highest point since April 30, buoyed by the robust performance of the US dollar. Traders are keeping a keen eye on the escalating tensions between the US and Iran. The dollar received […]

Canadian Dollar stays close to a one-month low against USD; strong Oil curbs losses.

EUR/USD remains down after robust US data and the US-India agreement

The USD/CAD pair is experiencing a slight upward trend above the mid-$1.3700 range during the Asian trading session on Monday. However, it’s still below the peak it reached last Friday. The US dollar’s steady demand is helping drive prices up, while increasing oil prices support the Canadian dollar, which puts a cap on further gains. […]

Microsoft Increases by 4%, Stays Strong Despite NASDAQ Decline

Microsoft Increases by 4%, Stays Strong Despite NASDAQ Decline

Quick Read Microsoft (MSFT) shares saw a 4% increase today, reaching $424.65, even as the Nasdaq 100 experienced a 1% decline. This surge can be attributed to the company’s AI division, which generated $82.89 billion in revenue for Q3—an 18% rise compared to last year—and a 40% growth in Azure services, bringing an annual revenue […]