Market News
Stay on top of the major news, data and analysis moving forex and global financial markets.
Silver climbs above $60.00 despite US–Iran tensions, Fed minutes in focus
Silver price (XAG/USD) attracts some buyers to near $60.35, snapping the two-day losing streak during the early European session on Wednesday. The white metal edges higher amid a softer US Dollar (USD) ahead of the release of the June FOMC meeting Minutes.
India Gold price today: Gold rises, according to FXStreet data
Gold prices rose in India on Wednesday, according to data compiled by FXStreet.
Indonesian Rupiah holds losses following Consumer Confidence data
USD/IDR gains ground after registering modest losses in the previous day, trading around 18,050 during the Asian hours on Wednesday.
WTI holds above $72.00, near two-week high amid fresh US-Iran tensions
West Texas Intermediate (WTI) – the benchmark US Crude Oil price – struggles to capitalize on the previous day's strong move up and enters a bullish consolidation phase near a two-week high, touched during the Asian session this Wednesday.
Netherlands, The Consumer Spending Volume up to 1.8% in May from previous 1%
Netherlands, The Consumer Spending Volume up to 1.8% in May from previous 1%
Indonesia Consumer Confidence dipped from previous 120.9Â to 117.8 in June
Indonesia Consumer Confidence dipped from previous 120.9Â to 117.8 in June
Gold holds above $4,100 as traders await FOMC Minutes amid US-Iran tensions
Gold (XAU/USD) struggles to capitalize on modest intraday gains, though it manages to hold above the $4,100 mark through the first half of the European session on Wednesday. The US Dollar (USD) turns lower as bulls opt to lighten their bets ahead of the release of the June FOMC meeting Minutes.
AUD/USD Price Forecast: Hawkish remarks from RBA’s Hunter lift Australian Dollar
The Australian Dollar (AUD) trades 0.23% higher to near 0.6943 against the US Dollar (USD) during the Asian trading session on Wednesday.
Iran’s IRGC: Targeted 85 US military sites in Bahrain, Kuwait after ceasefire breach
The Iranian Islamic Revolutionary Guards Corps (IRGC) said on Wednesday that it “targeted 85 US military sites in Bahrain and Kuwait following the US ceasefire breach.
EUR/JPY Price Forecast: Rebounds above confluence around 185.00, moving averages
EUR/JPY pares its recent losses from the previous day, trading around 185.30 during the Asian hours on Wednesday.
Swiss Franc weakens as US Dollar advances on renewing US-Iran tensions
USD/CHF extends its gains for the third successive day, trading around 0.8090 during the Asian hours on Wednesday. The pair appreciates as the Greenback receives support from safe-haven demand amid renewing geopolitical tensions.
Iran's Parliament Speaker Ghalibaf accuses US of violating MoU
Iran's top negotiator Mohammad Bagher Ghalibaf accuses the United States (US), through a post on X, formerly known as Twitter, of violating major terms of the memorandum of understanding (MoU) signed for a ceasefire in the Middle East.
United States Dollar Index holds above 101.00 following US strikes on Iran
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is holding gains for the second consecutive day and trading around 101.10 during the Asian session on Wednesday.