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WhoIs Best Broker is leading Forex and Economy news Website. We provide you with the latest news and videos straight from the Financial Industry..
Gold price strengthens and climbs amid higher US Treasury yields
Gold posted solid gains on Monday, rising more than 0.50% as US Treasury yields climbed.
Japan’s Suzuki emphasizes continuing efforts for fiscal health
Japanese Finance Minister Shunichi Suzuki said on Tuesday that it’s important to continue efforts to achieve fiscal health.
Australian Dollar remains tepid as investors adopt caution ahead of looming Fed decision
The Australian Dollar (AUD) edges lower on Tuesday as the US Dollar (USD) remains strong, bolstered by robust US jobs data for May.
Gold price remains on the defensive amid renewed rate jitters, US Dollar demand
Gold price (XAU/USD) gained some positive traction on the first day of a new week and reversed a part of Friday's post-NFP slump to the $2,287-2,286 area, or over a one-month low.
USD/INR holds steady amid rising US bond yields, RBI intervention
Indian Rupee (INR) remains flat on Tuesday despite the firmer US Dollar (USD).
Forex Today: US Dollar enters consolidation phase ahead of key macroeconomic events
Here is what you need to know on Tuesday, June 11: The US Dollar Index fluctuates in a tight channel above 105.00 early Tuesday after posting small gains on Monday.
ECB's Villeroy: Significant leeway to lower rates before exiting restrictive policy
European Central Bank (ECB) policymaker Francois Villeroy de Galhau said on Tuesday that they have "significant leeway" to lower rates before exiting the restrictive policy, per Reuters.
ECB’s Rehn: Monetary policy has dampened price pressures
European Central Bank (ECB) policymaker Olli Rehn said on Tuesday that the “monetary policy has dampened price pressures.” He added that “there has been considerable progress in bringing inflation down to target.” Market reaction The above comments add to the renewed downside in the EUR/USD pair, as it flirts with intraday lows near 1.0750, at the time of writing.
Silver price Tuesday: Silver drops, according to FXStreet data
Silver prices (XAG/USD) fell on Tuesday, according to FXStreet data.
Japanese Yen remains subdued as BoJ is expected to maintain its current policy in June
The Japanese Yen (JPY) edges lower for the third consecutive trading day on Tuesday.
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