Australian Dollar drops amid rising Middle-East tensions and risk aversion
Australian Dollar (AUD) continues to decline against US Dollar (USD) amid Middle East tensions. AUD/USD pair remains subdued for the second day.
Australian Dollar (AUD) continues to decline against US Dollar (USD) amid Middle East tensions. AUD/USD pair remains subdued for the second day.
USD/CHF gained over 0.04% by the end of Friday's session, but saw a weekly decline of 1.37% to hit a one-month low of 0.8054. Currently, the pair is trading at 0.8104, driven by heightened demand for the Dollar amidst risk
USD/CHF closes the week with a 0.04% increase, dropping 1.37% to a one-month low of 0.8054. Currently trading at 0.8104, the pair sees a rise due to heightened Dollar demand amidst risk aversion.
Gold price surges for the third day in a row due to Israel-Iran conflict, causing a risk-off sentiment in financial markets. XAU/USD is currently trading at $3,422, marking a more than 1% increase.
EUR/JPY pauses five-day rally, hovers around 165.80 in Asian trading on Thursday. Bullish momentum strengthens as the currency pair follows an upward trend within an ascending channel pattern on the daily chart, as per technical analysis.
GBP/USD rises as US consumer inflation report disappoints, sparking speculation of Fed rate cuts in 2025.
May Consumer Price Index (CPI) data to show increase in US inflation
WTI Crude Oil Prices Surge to Seven-Week Highs on Trade Deal Hopes and Weaker Dollar
Australian Dollar (AUD) strengthens against US Dollar, bouncing back from previous losses. AUD/USD pair shows resilience after China's economic data release.
Canadian Dollar (CAD) strengthens on robust employment figures, surpassing market expectations for job growth.
During the North American session, GBP/USD dropped by more than 0.30% following the latest US jobs report. The US economy showed strength, keeping the pair at 1.3526 after reaching a peak of 1.3586 earlier in the day.
GBP/USD drops over 0.30% as US jobs report keeps economy strong. Pair trades at 1.3526 after hitting daily high of 1.3586.
GBP/USD Holds Steady near 1.3616, Highest Level Since February 2022 GBP/USD is currently trading around 1.3570 as it awaits US labor market data. The pair hit its highest point since February on June 5.
Gold prices remain steady on Thursday due to reduced geopolitical tensions, central bank's cautious stance, and weak US labor market data. These factors are supporting demand for safe-haven assets.
Australian Dollar (AUD) stays strong against US Dollar (USD) for second day, boosted by domestic trade balance and China’s Caixin Services PMI. AUD/USD pair holds steady.
Canadian Dollar (CAD) remains strong against US Dollar (USD) as USD/CAD pair dips to 1.3710 during American session.
Indian Rupee (INR) weakens due to increased US Dollar (USD) demand and higher crude oil prices, causing pressure on the local currency.
Australian Dollar (AUD) strengthens by over 0.50% against US Dollar (USD) as concerns over US economic growth and inflation grow. AUD/USD pair rises on Monday.
The Dow Jones Industrial Average (DJIA) falls due to trade concerns from the White House, impacting investors.
AUD/JPY rebounds from losses, trades near 90.70 amid weak Japanese Yen. Recovery fueled by disappointing export data from Japan.
The Reserve Bank of Australia (RBA) to announce monetary policy decision in early Tuesday meeting.
Gold prices continued to decline on Friday, dropping by over 1% and marking a weekly decrease of more than 3%.
AUD/USD Pair Hits Three-Week Low Near 0.6200 Amid Sixth Consecutive Day of Losses