Author: FX
Gold prices fell in Pakistan on Tuesday, according to data compiled by FXStreet.The price for Gold stood at 42,330.88 Pakistani Rupees (PKR) per gram, down compared with the PKR 42,426.61 it cost on Monday.The price for Gold decreased to PKR 493,739.10 per tola from PKR 494,855.70 per tola a day earlier.Unit measureGold Price in PKR1 Gram42,330.8810 Grams423,308.80Tola493,739.10Troy Ounce1,316,628.00FXStreet calculates Gold prices in Pakistan by adapting international prices (USD/PKR) to the local currency and measurement units. Prices are updated daily based on the market rates taken at the time of publication. Prices are just for reference and local rates could diverge…
AUD/USD looks ready to stretch its uptrend! Will Aussie keep piling on pips against the U.S. dollar in the next few trading sessions? Source link
Earnings Call Insights: Oxbridge Re Holdings Limited (OXBR) Q1 2026 Management View “Let me start by saying we’re proud of the strong performance of our business and progress we’re making executing on our long-term strategy.” (Chairman, President & CEO Sanjay Madhu)Seeking Alpha’s Disclaimer: This article was automatically generated by an AI tool based on content available on the Seeking Alpha website, and has not been curated or reviewed by humans. Due to inherent limitations in using AI-based tools, the accuracy, completeness, or timeliness of such articles cannot be guaranteed. This article is intended for informational purposes only. Seeking Alpha does…
Xi-Trump summit may yield farm deal, but China has limited soybean appetite Source link
Markets are expecting a significantly upbeat U.S. CPI to tip the scales in favor of Fed tightening soon, but what if the numbers fail to impress? Our Event Guide for the U.S. CPI points out that the prevailing stagflation narrative raises the bar for war-related price pressures to convince the Fed to act. Here’s what I’m watching on USD/CHF and AUD/USD in this scenario. Source link
Japan’s Finance Minister Katayama said she held a two-hour meeting with US Treasury Secretary Bessent covering forex markets, financial cooperation, critical minerals and AI supply chains. Summary:Japanese Finance Minister Satsuki Katayama confirmed she met with US Treasury Secretary Scott Bessent for two hours on Monday eveningThe discussions covered financial market conditions, with foreign exchange markets explicitly included on the agendaBoth sides reaffirmed close bilateral cooperation based on a joint statement concluded last yearThe talks also encompassed broader international cooperation on critical mineral supply chains and artificial intelligence Japanese Finance Minister Satsuki Katayama confirmed on Tuesday that she held a two-hour…
Iranian Parliament speaker Mohammad Bagher Ghalibaf warned on Monday that Iran’s military was fully prepared to retaliate against any future attacks after rising tensions threatened the fragile ceasefire in the Middle East, Reuters reported. Ghalibaf said on X that Iran’s armed forces remained on high alert and capable of responding decisively to any aggression.Earlier Monday, US President Donald Trump said the ceasefire between the United States (US) and Iran is on “massive life support” after he rejected Tehran’s latest peace offer, which he called “simply unacceptable,” Bloomberg reported on Monday.Iran responded to latthe latest peace proposal by demanding a lifting of Washington’s…
The Bank of Japan will release its ‘Summary’ of the April meeting today. This was an ‘on hold’ meeting, but was eventful. From the day:The Bank of Japan left its short-term policy rate unchanged at 0.75%, as widely expected, but delivered a significantly more hawkish inflation outlook alongside the decision, sharply revising up its price forecasts while acknowledging that the Iran war and elevated crude oil prices are clouding Japan’s growth trajectory.The decision to hold was not unanimous. Three board members, Nakagawa, Takata and Tamura, proposed raising the short-term rate target to 1.0% from 0.75%, a move that was turned…
Rabobank’s Senior FX Strategist Jane Foley notes Japanese wage data have improved, with unions securing solid ‘shunto’ wage hikes and real wages rising again, supporting the Bank of Japan’s (BoJ) desired virtuous cycle. However, Foley highlight risks from the Iran war, potential Hormuz disruption, and weakening consumer confidence, while a government panel urges the BoJ to consider funding conditions even as Governor Ueda stresses still very accommodative real yields.Wage progress meets demand and funding risks”In late March, unions reported an average wage hike of 5.36% in the ‘shunto’ spring wage talks. Last week’s Japanese wage data release was softer than…
New Zealand’s Q1 2026 employment report delivered a modest but meaningful beat against expectations, as the jobless rate ticked lower while wage growth accelerated. Combined with a generally risk-on lean from cautious optimism for a US-Iran peace deal, the results kept the Kiwi supported while RBNZ expectations remained well-anchored. Watchlists are price outlook & strategy discussions supported by both fundamental & technical analysis, a crucial step towards creating a high-quality discretionary trade idea before working on a risk & trade management plan. If you’d like to follow our “Watchlist” picks right when they are published throughout the week, check out…