Platinum Group Metals (PGMs) trade with a negative tone at the beginning of Tuesday, according to FXStreet data. Palladium (XPD) changes hands at $947.45 a troy ounce, with the XPD/USD pair easing from its previous close at $949.15.
Australian financial intelligence agency AUSTRAC has called on digital currency exchanges (DCEs) that are no longer operating to voluntarily withdraw their registrations, warning that failure to do...
The EUR/GBP cross extends its downside to near 0.8490 during the early European session on Tuesday. The Euro (EUR) softens against the Pound Sterling (GBP) due to the dovish remarks from the European Central Bank (ECB).
OANDA, a provider of online multi-asset trading services, has broadened its European investment portfolio by introducing Exchange-Traded Funds (ETFs) for its clients, the company announced this week.
West Texas Intermediate (WTI) Oil price falls on Tuesday, early in the European session. WTI trades at $61.15 per barrel, down from Monday’s close at $61.64.
The GBP/JPY cross struggles to capitalize on its modest Asian session uptick and currently trades just below the 191.00 round-figure mark, nearly unchanged for the day.
The USD/CHF pair halts its three-day losing streak, trading around 0.8240 during the Asian hours on Tuesday. The daily chart analysis indicates a potential bullish shift, as the pair consolidates above the descending channel pattern.
The EUR/USD pair attracts some sellers to near 1.1375 during the Asian session on Tuesday. The Euro (EUR) weakens against the Greenback amid rising expectations of further rate cuts from the European Central Bank (ECB) in June and mixed signals on US-China trade relations.
The EUR/CAD cross reverses an Asian session dip to the 1.5755-1.5750 region and jumps to a fresh daily top in the last hour, though it lacks follow-through buying.
Gold price (XAU/USD) recovers slightly from the vicinity of the $3,300 mark, though it sticks to its intraday losses through the first half of the European session amid signs of progress in tariff negotiations.
Silver price (XAG/USD) is depreciating after registering gains in the previous day, trading around $33.00 per troy ounce during the Asian hours on Tuesday. The safe-haven demand for precious metals, including Silver, continues to weaken as trade-war concerns ease.
NZD/USD is retracing its recent gains from the previous session, trading around 0.5960 during the Asian hours on Tuesday. The US Dollar (USD) is finding support as optimism grows over easing US-China trade tensions.
West Texas Intermediate (WTI) US Crude Oil prices struggle for a firm intraday direction during the Asian session on Tuesday and oscillate in a narrow band around the $61.75 area, just above a one-and-half-week low touched the previous day.
The Indian Rupee (INR) trades in negative territory on Tuesday after logging its best day in more than two weeks in the previous session. The renewed US Dollar (USD) demand due to softening tensions between the United States and China might weigh on the Indian currency.
The USD/CAD pair remains under pressure for the second straight session, hovering around 1.3820 during Asian trading hours on Tuesday. The pair weakens as the Canadian Dollar (CAD) gains modestly, supported by early election results in Canada.
Amidst the latest updates to the Canadian election outcome, CTV News declares that the Liberal Party, led by Mark Carney, will form a minority government.
The Japanese Yen (JPY) retains its negative bias heading into the European session on Tuesday as hopes for the de-escalation of the US-China trade war continue to undermine demand for traditional safe-haven assets.
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