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Gold Price (XAU/USD) holds lower grounds within a short-term trading range past $2,000 as holidays in multiple markets restrict the bullion’s moves as the key week begins. Even so, the US Dollar’s recent run-up, backed by upbeat US inflation clues, weighs on the Gold price. On the same line, the Fir

USD/JPY bulls are in the driver’s seat even as holidays in multiple markets challenge the momentum during early Monday. That said, the Yen pair prods the 137.00 round figure while refreshing the highest levels since early March by the press time. While checking the Yen pair’s latest up-moves, the bi

USD/CAD buyers struggle to keep the first daily gains in three as the quote retreats to 1.3550 heading into Monday’s European session. In doing so, the Loonie pair fades bounce off the convergence of the 100-bar and 200-bar Exponential Moving Averages (EMAs). Given the quote’s clear pullback from a

The GBP/USD pair is showing signs of exhaustion in the upside momentum after failing to extend the upside above 1.2583. The Cable has turned sideways around 1.2560 as investors are preparing for monetary policy by the Federal Reserve (Fed), which is scheduled for Wednesday. The risk profile is favor

NZD/USD clings to mild gains around 0.6180 as the Kiwi pair buyers cheer upbeat catalysts at home while struggling with the US Dollar strength during early Monday. The Kiwi pair’s latest gains could be linked to the Reserve Bank of New Zealand’s (RBNZ) latest commentary to defend the rate hikes. Als

The AUD/USD pair is looking to surpass the crucial resistance of 0.6640 in the Asian session. The Aussie asset has stretched its rally as the US Dollar Index (DXY) is struggling in extending its recovery above 101.80. The Australian Dollar will be required immense strength for conquering the 0.6640

The USD/CHF pair has corrected gradually after failing to sustain above the immediate resistance of 0.8950 in the Tokyo session. The Swiss franc asset is expected to resume its upside journey as the appeal for the US Dollar Index (DXY) is improving ahead of the release of the Federal Reserve’s (Fed)

USD/INR snaps three-day downtrend during a holiday-driven illiquid trading session on early Monday. In doing so, the Indian Rupee (INR) pair jostles with a one-week-old downward-sloping trend line resistance following a sustained bounce off a seven-week-old horizontal support zone. Given the sluggis

Natural Gas (XNG/USD) price prints the first daily loss in three as bears prod $2.42 level during early Monday morning in Europe. In doing so, the energy instrument extends the week-start pullback from a downward-sloping resistance line from early March. Given the sluggish MACD signals, the XNG/USD’

Gold price (XAU/USD) is declining towards its crucial support of $1,970.00 in the Asian session. A solid recovery in the US Dollar Index (DXY) amid upbeat expectations that the Federal Reserve (Fed) will raise interest rates one more time by 25 basis points (bps) on Wednesday is impacting the Gold p

USD/JPY buyers prod the 200-DMA hurdle as they push the limits of a two-month high near 137.00 during early Monday. In doing so, the Yen pair rises for the third consecutive day while cheering the previous day’s upside break of a downward-sloping resistance line from the last November, now the immed

Financial markets portray a cautious mood while waiting for the key First Republic bidding results early Monday. Adding strength to the sour sentiment could be the fears emanating from recent hawkish Fed bets and fears of recession. However, holidays in China, the UK and Europe prod the traders and

EUR/USD renews intraday low as bears attack the 1.1000 round figures early Monday amid broad US Dollar strength, as well as sluggish markets due to holidays at many bourses. Also read: EUR/USD drops towards 1.1000 as ECB hawks retreat, First Bank roils the mood, US NFP, Fed eyed In doing so, the Eur

USD/CAD seesaws around 1.3550-60 during the first positive day in three early Monday. In doing so, the Loonie pair cheers recent weakness in WTI crude oil price amid the US Dollar’s strength due to the risk-off mood. However, cautious mood ahead of the key US and Canadian statistics prod the Loonie