Latest financial and economic news and analysis
Saudi Arabia Gold price today: Gold rises, according to FXStreet data
Philippines Gold price today: Gold rises, according to FXStreet data
United Arab Emirates Gold price today: Gold rises, according to FXStreet data
Pakistan Gold price today: Gold rises, according to FXStreet data
India Gold price today: Gold rises, according to FXStreet data
Gold and silver prices rebound as the weaker US dollar improves demand, while upcoming employment data and key resistance levels may determine the next move.
Malaysia Gold price today: Gold rises, according to FXStreet data
EUR/JPY Price Forecast: Softens below 182.00 on intervention risks, bearish outlook prevails
Gold rallies to two-week high as USD softens on Iran deal hopes, receding Fed hike bets
Diplomatic developments around the Strait of Hormuz dominated the session, with the narrative refining as the day progressed. Early reports suggested Iran and Oman had largely agreed on the mechanics of reopening the strait, with Iran set to manage inbound traffic and Oman handling outbound shipping alongside a proposed service fee, though later reports cautioned that a final agreement had not yet been reached.
Silver Price Forecast: XAG/USD revisits monthly high near $61 as oil price plunges further
Gold Price Forecast: XAU/USD eyes acceptance above $4,150 amid Hormuz deal hopes
CADJPY currency pair recently reversed from the support zone between the key support level 111.85 (which has been reversing the price from January), 50% Fibonacci correction of the upward impulse from October and the lower daily Bollinger Band.
New Zealand's unemployment rate climbed to its highest level in over a decade in the June quarter, reinforcing the view that abundant labour market slack leaves little risk of a wage breakout that could reignite domestic inflationary pressures.
PBOC sets USD/CNY reference rate at 6.7889 vs. 6.7917 previous
