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Euro Summer range holds against US Dollar – Commerzbank
Commerzbank’s Volkmar Baur notes EUR/USD has been stuck between 1.1350 and 1.1450 since mid-June, with few catalysts expected over the summer.
Germany's Industrial Production unexpectedly rises faster-than-expected by 0.9% MoM in May
Germany’s industrial sector activity surprisingly grow at a faster pace of 0.9% Month-on-Month (MoM) in May, the latest data published by Destatis showed on Tuesday.
United Kingdom Lloyds House Price Index (MoM) above expectations (0.1%) in June: Actual (0.2%)
United Kingdom Lloyds House Price Index (MoM) above expectations (0.1%) in June: Actual (0.2%)
Germany Industrial Production s.a. (MoM) registered at 0.9% above expectations (0.2%) in May
Germany Industrial Production s.a. (MoM) registered at 0.9% above expectations (0.2%) in May
EUR/USD Price Forecast: Turns broadly sideways below 20-day EMA
The EUR/USD pair trades marginally lower at around 1.1433 during the European trading session on Tuesday.
Indian Rupee recovers strongly as oil prices remain broadly lower
The Indian Rupee (INR) recovers early losses and turns positive against the US Dollar (USD) on Tuesday.
Asian stocks fall as tech selloff sparks sharp KOSPI slump
Asian equity markets mostly decline on Tuesday as a fresh wave of technology sector selling completely overshadowed Wall Street's tech-led rally from the previous night.
United States Dollar Index holds below 101.00 as fading Fed hike bets counter Hormuz risks
The US Dollar Index (DXY), which tracks the Greenback against a basket of currencies, struggles for a firm near-term direction and extends its consolidative price moves for the third straight day on Tuesday.
Japan Leading Economic Index came in at 116.8, below expectations (116.9) in May
Japan Leading Economic Index came in at 116.8, below expectations (116.9) in May
Japan Coincident Index increased to 118.5 in May from previous 118.1
Japan Coincident Index increased to 118.5 in May from previous 118.1
New Zealand Dollar remains subdued as US Dollar gains on renewed Hormuz tensions
NZD/USD inches lower for the second successive day, trading around 0.5700 during the Asian hours on Tuesday. The currency pair depreciates as the US Dollar (USD) holds ground, which could be attributed to the renewed geopolitical tensions in the Strait of Hormuz.
Gold remains depressed near daily low amid rising US bond yields, USD uptick
Gold (XAU/USD) retains intraday negative bias through the early European session on Tuesday, though it holds above the $4,100 mark. Crude oil prices edge higher amid renewed tensions in the Strait of Hormuz, reviving inflationary concerns.
AUD/USD Price Forecast: Eases from two-week top; 38.2% Fibo. near 0.6955 holds the key
The AUD/USD retreats slightly from the 0.6960 area, or a two-week high, touched during the Asian session on Tuesday, and, for now, seems to have snapped a three-day winning streak.