Mexico Retail Sales (YoY) up to 4.4% in April from previous 2.9%
Mexico Retail Sales (YoY) up to 4.4% in April from previous 2.9%
Mexico Retail Sales (MoM) climbed from previous 0.1% to 0.8% in April
Mexico Retail Sales (MoM) climbed from previous 0.1% to 0.8% in April
Australian Dollar: Softer CPI keeps RBA sidelined – TD Securities
TD Securities’ Global Strategy Team expects Australian headline Consumer Price Index (CPI) to ease to 4.2% year-on-year in May, helped by lower transport and recreational prices.
Japanese Yen: Intervention risk rises with 40-year low against USD – BNY
BNY’s Geoff Yu highlights rising Japanese Yen intervention risk after Finance Minister Satsuki Katayama’s call with U.S. Treasury Secretary Scott Bessent. Japan and the U.S. reaffirmed a shared stance that bold FX action remains possible, even as Katayama avoided commenting on current levels.
EUR/USD Price Forecast: Testing 11-month lows at 1.3991 amid broad US Dollar strength
The Euro (EUR) extends losses on Tuesday, with the US Dollar (USD) buoyed by rising hopes of Federal Reserve (Fed) tightening later this year and a cautious market mood, amid the uncertainty surrounding the US-Iran trade deal.
Gold: Greenspan legacy and central bank demand – Commerzbank
Commerzbank’s Carsten Fritsch uses Alan Greenspan’s death to revisit his long-standing support for Gold as a premier currency.
Australian Dollar hits hard by risk-aversion mood, Aussie CPI data awaited
The Australian Dollar (AUD) underperforms its currency peers, trading 0.8% lower at around 0.6945 against the US Dollar (USD) during the European session on Tuesday.
Aluminium: Deficit persists despite higher output – ING
ING strategists Warren Patterson and Ewa Manthey say global Aluminium output is rising, including in China, Europe and Asia ex-China, but the market remains in deficit. They estimate around 3mt of capacity has been lost to Middle East disruptions and is unlikely to return quickly.
US President Trump: Iran agreed to highest level nuclear inspections long into future
In a post published on Truth Social on Tuesday, United States (US) President Donald Trump claimed that Iran has "fully and completely" agreed to highest level nuclear inspections long into the future.
New Zealand Dollar slumps amid hawkish Fed bets, eyes on US PMI data
The New Zealand Dollar (NZD) faces significant selling pressure against its major currency peers during the European session on Tuesday, trading 0.4% lower at around 0.5690. The pair is under pressure as hawkish Federal Reserve (Fed) bets have weakened the appeal of riskier assets.
Gold Price Forecast: XAU/USD hovers above $4,100 amid growing bearish pressure
Gold (XAU/USD) reversed Monday’s gains and resumed the broader bearish trend on Tuesday, testing support at the $4,100 level after failing to extend gains beyond $4,220 on Monday.
Indian Rupee weakens against US Dollar amid Fed interest rate hike bets
The Indian Rupee (INR) trades lower against the US Dollar (USD) on Tuesday.