Gold price hits fresh weekly high even as US Dollar recovers ahead of data

Gold price (XAU/USD) attracts some buyers during the Asian session on Thursday and climbs to over a one-week top, around the $2,338 area in the last hour.

USD/INR strengthens amid stronger US Dollar, India's foreign inflows

The Indian Rupee (INR) trades with mild gains on Thursday amid the modest decline of the US Dollar (USD).

Forex Today: Eyes on SNB and BoE policy announcements ahead of US data

Here is what you need to know on Thursday, June 20: The market action was subdued on Wednesday because US markets were closed in observance of the Juneteenth holiday.

Australian Dollar trades with mild losses amid renewed US Dollar demand

The Australian Dollar (AUD) trades in positive territory for the third consecutive day on Thursday.

SNB's Jordan: Will continue to monitor inflation development closely, adjust policy if necessary

Following the Swiss National Bank (SNB) decision to reduce the policy rate for the second consecutive meeting, Chairman Thomas Jordan speaks on the inflation and policy outlook during the post-policy meeting press conference on Thursday.

Breaking: BoE maintains policy rate at 5.25% as forecast

The Bank of England (BoE) is expected to keep its policy rate unchanged for the seventh consecutive meeting on Thursday, despite the recent acceleration of disinflationary pressures in the UK and speculation of two interest rate cuts this year.

Oil stretches above $81 and tries to stage a technical breakout

Oil price is looking bullish for a second week in a row and holds above $80 on Thursday after tensions in the Middle East are mounting again. On Tuesday, Israel signed off on plans to launch a Lebanon offensive with the motivation of trying

US Dollar puzzled after Fed's Kashkari calls for at least another year of steady rates

The US Dollar (USD) is seeing its earlier gains from the ASIAPAC session being trimmed back after softer Jobless Claims data and even worse Housing data. Another data point from the Housing Sector that is pointing to easing or softening in

Gold appreciates as geopolitical risks intensify

Gold (XAU/USD) price awakens from its slumber on Thursday, gaining a sprightly half a percent to trade in the $2,340s, and finds itself at a technical crossroads that could define the directional trend for the rest of the summer.

Pound Sterling extends sell-off following BoE meeting

The Pound Sterling (GBP) trades over a quarter of a percent lower on Thursday in the 1.2670s against the US Dollar (USD), after the Bank of England (BoE) policy meeting, a key event for GBP pairs.