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Gold prices in India stayed steady near INR 12,475/gram as traders eye breakouts; central banks support demand.
USD/CHF extends gains near 0.8070 as SNB intervention risk, trade data, and Fed hawkishness drive volatility.
DXY steadied near 100.80 as US-Iran tensions, surging oil, and hawkish Fed expectations boosted safe-haven demand.
Overview Markets continue to assess whether easing inflation will eventually create room for lower US interest rates without weakening the Federal Reserve’s inflation mandate. Inflation data from Canada, New Zealand and the UK headline this week’s economic calendar, alongside the …
USD/CAD dips near 1.4005 as higher oil supports CAD; Canada CPI awaited amid Middle East tensions, Fed hike odds.
The dollar index trades near 101 as US-Iran tensions, higher oil prices and persistent inflation increase expectations of restrictive Fed policy.
GBP/USD holds near 1.3450 amid US-Iran tensions, UK jobs focus, and tactical options hedges.
EUR/USD steadies near 1.1430 as Middle East tensions lift dollar demand; oil surge boosts volatility ahead of ECB.
New Zealand’s annual trade deficit widened to NZ$3.74bn in June, increasing pressure on the New Zealand dollar.
June imports dipped marginally to $8.07bn, hinting softer demand, boosting RBNZ cut bets, pressuring NZD.
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