Gold prices nudged lower in thin trade on Monday, weighed down ‌by inflation worries that clouded the U.S. monetary policy outlook, while markets awaited developments in U.S.-Iran peace negotiations. Spot gold was down 0.2% at $4,605.19 per ounce, as of 0456 GMT. U.S. gold futures for June delivery fell 0.6% to $4,616.30. Oil prices eased

EUR/USD Falls to Near 1.1700 as US Tariffs on EU Vehicles Trigger Forex Turmoil The EUR/USD exchange rate has fallen to near the 1.1700 level. This decline follows the United States government’s announcement of plans to raise tariffs on European Union vehicles. The decision has sent shockwaves through the global forex market. EUR/USD Falls as

Commerzbank strategists note AUD/USD held at 0.7200 on Friday and gained modestly over the week as markets price further Reserve Bank of Australia (RBA) tightening. Overnight index swaps imply a high probability of a third consecutive 25 bp hike to 4.35% and additional tightening by year-end. They attribute this to inflation staying above target, driven

EUR/JPY holds losses after paring its daily losses, trading around 183.90 during the Asian hours on Monday. The technical analysis of the daily chart indicates the currency cross maintains a bearish near-term bias as spot holds beneath both the 50-day and nine-day Exponential Moving Averages (EMAs) The EUR/JPY cross has retreated from recent highs while