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United States Dollar Index holds below 101.00 as fading Fed hike bets counter Hormuz risks
The US Dollar Index (DXY), which tracks the Greenback against a basket of currencies, struggles for a firm near-term direction and extends its consolidative price moves for the third straight day on Tuesday.
Japan Leading Economic Index came in at 116.8, below expectations (116.9) in May
Japan Leading Economic Index came in at 116.8, below expectations (116.9) in May
Japan Coincident Index increased to 118.5 in May from previous 118.1
Japan Coincident Index increased to 118.5 in May from previous 118.1
New Zealand Dollar remains subdued as US Dollar gains on renewed Hormuz tensions
NZD/USD inches lower for the second successive day, trading around 0.5700 during the Asian hours on Tuesday. The currency pair depreciates as the US Dollar (USD) holds ground, which could be attributed to the renewed geopolitical tensions in the Strait of Hormuz.
Gold remains depressed near daily low amid rising US bond yields, USD uptick
Gold (XAU/USD) retains intraday negative bias through the early European session on Tuesday, though it holds above the $4,100 mark. Crude oil prices edge higher amid renewed tensions in the Strait of Hormuz, reviving inflationary concerns.
AUD/USD Price Forecast: Eases from two-week top; 38.2% Fibo. near 0.6955 holds the key
The AUD/USD retreats slightly from the 0.6960 area, or a two-week high, touched during the Asian session on Tuesday, and, for now, seems to have snapped a three-day winning streak.
India Gold price today: Gold falls, according to FXStreet data
Gold prices fell in India on Tuesday, according to data compiled by FXStreet.
Netherlands, The Consumer Price Index n.s.a (YoY) in line with forecasts (2.9%) in June
Netherlands, The Consumer Price Index n.s.a (YoY) in line with forecasts (2.9%) in June
Silver Price Forecast: XAG/USD corrects further to near $61 as oil prices attract bids
Silver price (XAG/USD) is down 1.35% to near $61.00 during the Asian trading session on Tuesday.
Indonesia Foreign Reserves rose from previous $144.9 to $145.6 in June
Indonesia Foreign Reserves rose from previous $144.9 to $145.6 in June
Japanese Yen strengthens amid looming intervention risks; lacks bullish conviction
The USD/JPY pair extends the previous day's late pullback from the vicinity of mid-162.00s and attracts some follow-through sellers during the Asian session on Tuesday.
WTI rises above $69.00 as Iran strikes commercial vessels in Hormuz
West Texas Intermediate (WTI) oil price gains ground after registering modest losses in the previous day, trading around $69.20 per barrel during the Asian hours on Tuesday. Crude oil prices receive a temporary boost following renewed geopolitical tensions in the Strait of Hormuz.
Japan’s Kiuchi: Tokyo is not easing fiscal discipline, presenting it clearly in the economic plan
Minoru Kiuchi, Minister of State for Economic and Fiscal Policy of Japan, said on Tuesday that “Tokyo is not easing fiscal discipline, presenting it clearly in the economic plan.”