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Australian Dollar gains support as RBA delivers 25-basis-point rate hike
AUD/USD gains ground after recovering daily losses, trading around 0.7020 during the Asian hours on Tuesday.
Australian Dollar gains as RBA hikes interest rates by 25 bps to 4.6%
The Australian Dollar (AUD) attracts significant bids against its major currency peers after the Reserve Bank of Australia’s (RBA) monetary policy announcement. Against the Japanese Yen (JPY), the antipodean has jumped 0.25% to near 110.70.
India Gold price today: Gold rises, according to FXStreet data
Gold prices rose in India on Tuesday, according to data compiled by FXStreet.
Australia RBA Interest Rate Decision meets forecasts (4.6%)
Australia RBA Interest Rate Decision meets forecasts (4.6%)
Gold bulls seem hesitant as Fed hike bets, higher bond yields and bullish USD cap upside
Gold (XAU/USD) clings to modest recovery gains through the first half of the European session, albeit it lacks follow-through and remains below $4,150.
Swiss Franc declines as US Dollar rises on Fed rate hike bets
USD/CHF continues its winning streak for the fifth successive trading day, reaching its fresh 16-month high of 0.8327 during Asian hours on Tuesday. The pair gains support as the US Dollar (USD) rises amid ongoing uncertainty surrounding US-Iran negotiations, keeping oil prices elevated.
EUR/JPY Price Forecast: Slips below 179.00 as bearish bias prevails
EUR/JPY remains subdued for the third successive day, trading around 178.80 during Asian hours on Tuesday. Technical analysis of the daily chart shows that the currency cross remains confined within a descending channel pattern.
Silver Price Forecast: XAG/USD holds onto losses below $61 ahead of US Job Openings data
Silver price (XAG/USD) clings to Monday’s losses at around $60.70 during the Asian trading session on Tuesday. The white metal is under pressure as financial markets remain confident that the Federal Reserve (Fed) will deliver more interest rate hikes this year.
Japanese Yen declines amid intervention risks
The USD/JPY pair posts modest gains around 157.40 during the Asian trading hours on Tuesday.
Australian Dollar consolidates above 0.7000 vs USD as bears await RBA rate decision
The AUD/USD pair extends its consolidative price moves through the Asian session on Tuesday, trading just above the 0.7000 psychological mark, near the lowest level since August 4 ahead of the Reserve Bank of Australia (RBA) decision.
United States Dollar Index strengthens as oil surge bolster Fed rate hike bets
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is extending its gains for the second successive day and trading around 101.20 during Asian hours on Tuesday.
Japan’s Katayama says undervalued Yen generally poses problems
Japanese Finance Minister (FM) Satsuki Katayama said on Tuesday that she believes that undervalued Japanese Yen is problematic, while saying that she agreed with Treasury Secretary Scott Bessent to beef up cooperation when asked about phone talks on September 25.
Euro consolidates above 1.1350, seems vulnerable near late July lows amid bullish USD
The EUR/USD pair is seen consolidating around the 1.1365-1.1370 region during the Asian session on Tuesday and trading near its lowest level since July 28, touched the previous day.