GBP/USD moves little following a four-day winning streak, trading around 1.3470 during the Asian hours on Wednesday. The pair steadies as the US Dollar (USD) remains firm, driven by stalled US-Iran peace negotiations and renewed tensions in the Middle East, continued to underpin safe-haven demand. Iran launched ballistic missiles toward neighboring Kuwait and Bahrain. The

UOB strategists Quek Ser Leang and Lee Sue Ann keep EUR/USD in a neutral short-term range, seeing the pair oscillating between 1.1590 and 1.1685 after a brief dip to 1.1606. They note a tentative build-up in downward momentum, with scope for a test of 1.1605 but limited risk of a break below 1.1590, while a

Silver price (XAG/USD) is down 0.6% to near $74.60 during the European trading session on Wednesday. The precious metal faces selling pressure as oil prices gain for the third straight trading day amid renewed tensions between the United States (US) and Iran. At press time, the WTI Oil price is up 1.4% higher to near

A historic milestone in the structure of the global financial system: By the end of 2025, gold had overtaken U.S. Treasury bonds as the largest component of global reserve assets. With a share now of around 27 percent—up from 20 percent at the end of 2024—the precious metal has clearly left the U.S. securities, which