By Gregor Stuart Hunter The yen firmed on Tuesday after the Bank of Japan held interest rates steady in a split vote, the first decision in a busy week for major central banks including the Federal Reserve as the Iran war loomed large over policymakers and markets. The yen USDJPYwas 0.2% higher at 159.02 per

GBP/USD steadies for the second successive day, trading around 1.3530 during the Asian hours on Tuesday. The technical analysis of the daily chart indicates an ongoing bullish bias as the pair moves sideways within the ascending channel pattern. The GBP/USD pair holds a constructive bullish bias as it remains above both the nine-day and 50-day

Oil prices are continuing to climb despite Iran’s proposal to end its effective blockade of the Strait of Hormuz in exchange for deferring nuclear negotiations with the United States. Brent crude, the international benchmark, rose more than 1 percent on Tuesday as Tehran’s offer failed to assuage traders’ concerns about the blockade of the waterway

Gold prices eased on Tuesday as investors watched the impact of the Middle East conflict and stalled U.S.-Iran peace talks on the interest rate outlook for major central banks meeting this week. Spot gold fell 0.3 percent to $4,665.86 per ounce as of 9:04 UAE time, while U.S. gold futures for June delivery declined 0.36