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40 minutes ago
WTI climbs back closer to $72.00 as closure of Strait of Hormuz fuels supply concerns
West Texas Intermediate (WTI) US Crude Oil prices reverse a modest Asian session dip to the $70.00 neighborhood and climbs to the $71.70-$71.75 region in the last hour.
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40 minutes ago
PBOC sets USD/CNY reference rate at 6.9088 vs. 6.9236 previous
On Tuesday, the People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead at 6.9088 compared to the previous day's fix of 6.9236.
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43 minutes ago
Australian Dollar gains on hawkish remarks from RBA’s Bullock
AUD/USD continues its recovery for the second successive session, trading around 0.7100 during the Asian hours on Tuesday. The pair appreciates as the Australian Dollar (AUD) receives support from hawkish comments from the Reserve Bank of Australia (RBA) Governor Michelle Bullock.
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46 minutes ago
EUR/USD weakens below 1.1700 as Middle East tensions drive US Dollar strength
The EUR/USD pair trades with mild losses around 1.1685, the lowest since late January, during the early Asian session on Tuesday. The US Dollar (USD) gathers strength against the Euro (EUR) as escalating tensions in the Middle East boost safe-haven currencies.