Trading news

10 minutes ago

USD/CHF rises to near 0.7830 amid renewed Mideast tensions

The USD/CHF pair trades 0.13% higher to near 0.7830 during the Asian trading session on Monday. The Swiss Franc pair rises as the US Dollar (USD) trades higher, following Iran’s denial to attend the second round of talks with the United States (US).

18 minutes ago

Asian stocks gain despite increased risk aversion

Asian equities rise on Monday despite renewed hostilities in the Strait of Hormuz, which pushed oil prices sharply higher, amplifying inflation concerns and increasing the chances of further central bank rate hikes.

39 minutes ago

US Dollar Index drifts higher above 98.00 on US-Iran tensions

The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, currently trades near 98.30 during the Asian trading hours on Monday. The DXY trades with mild gains on renewed US-Iran tensions.

47 minutes ago

AUD/USD Price Forecast: Looks to build on momentum above mid-0.7100s amid bullish setup

The AUD/USD pair attracts some dip-buying following a bearish gap opening to the 0.7115 region on Monday and climbs back above mid-0.7100s during the Asian session.

54 minutes ago

Silver Price Forecast: XAG/USD holds losses near $80.50 due to renewed inflation concerns

Silver price (XAG/USD) pares its daily losses, trading around $80.50 per troy ounce during the Asian hours on Monday.

56 minutes ago

Iran’s Foreign Ministry condemns US blockade, calls it ceasefire violation

Iran’s Foreign Ministry spokesman Esmail Baghaei said the US blockade of Iran’s ports and coastline is an act of aggression that violates the ceasefire, the Guardian reported on Monday.

1 hour ago

WTI climbs above $86.50 on renewed US–Iran Strait of Hormuz tensions

West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $86.70 during the Asian trading hours on Monday. The WTI price rises on renewed tensions between the United States (US) and Iran in the Strait of Hormuz.

1 hour ago

Canadian Dollar retreats from over one-month low vs USD; rallying Oil prices limit losses

The USD/CAD pair attracts some dip-buyers following a modest bearish gap opening on Monday and retakes the 1.3700 mark during the Asian session.

1 hour ago

NZD/USD rebounds toward 0.5900 following Trade Balance data, PBoC decision

NZD/USD pares its daily losses, trading around 0.5880 during the Asian hours on Monday.

2 hours ago

PBOC sets USD/CNY reference rate at 6.8648 vs. 6.8622 previous

On Monday, the People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead at 6.8648 compared to last Friday's fix of 6.8622 and 6.8291 Reuters estimate.

2 hours ago

Pound Sterling remains on the back foot as US-Iran tensions lift USD; bears seem hesitant

The GBP/USD pair opens with a bearish gap at the start of a new week and moves further away from a two-month high, around the 1.3600 mark, touched on Friday.

2 hours ago

EUR/USD remains subdued near 1.1750 amid renewed US-Iran tensions

EUR/USD edges higher after opening at a gap down, still remaining in the negative territory and trading around 1.1760 during the Asian hours on Monday.

2 hours ago

China PBoC Interest Rate Decision in line with expectations (3%)

China PBoC Interest Rate Decision in line with expectations (3%)

2 hours ago

PBOC leaves Loan Prime Rates unchanged in April

The People’s Bank of China (PBOC), China's central bank, announced to leave its Loan Prime Rates (LPRs) unchanged on Monday. The one-year and five-year LPRs were at 3.00% and 3.50%, respectively.

2 hours ago

Iran's military warns of imminent retaliation after US naval seizure

Iran's military said that United States (US) violated the ceasefire by firing at one of Iran's commercial ships, and the country will soon respond and retaliate against this maritime and armed robbery by the US military.

2 hours ago

Japanese Yen edges lower on renewed US–Iran tensions

The USD/JPY pair holds positive ground near 159.10 during the early Asian session on Monday. The US Dollar (USD) strengthens against the Japanese Yen (JPY) amid renewed tensions between the US and Iran during more than seven weeks of war in the Middle East.

3 hours ago

Gold slumps below $4,800 on renewed Strait of Hormuz tensions

Gold price (XAU/USD) slumps to around $4,775 during the early Asian session on Monday. Traders digest renewed tensions between the United States (US) and Iran over the critical Strait of Hormuz.

4 hours ago

United Kingdom Rightmove House Price Index (YoY): -0.9% (April) vs previous -0.2%

United Kingdom Rightmove House Price Index (YoY): -0.9% (April) vs previous -0.2%

4 hours ago

United Kingdom Rightmove House Price Index (MoM) unchanged at 0.8% in April

United Kingdom Rightmove House Price Index (MoM) unchanged at 0.8% in April

4 hours ago

New Zealand Trade Balance NZD (YoY): $-3.1B (March) vs previous $-3B

New Zealand Trade Balance NZD (YoY): $-3.1B (March) vs previous $-3B

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