Forex News

Gold price rallies back closer to $2,920 area amid renewed USD selling

By Fxstreet

Gold price rallies back closer to $2,920 area amid renewed USD selling

Gold price (XAU/USD) struggles to capitalize on the previous day's positive move closer to the $2,900 mark and attracts some sellers during the Asian session on Tuesday, stalling its recovery from a three-week trough touched last Friday.

Gold

Commodities

Fed

TradeWar

SEO

Απάντηση

India Gold price today: Gold steadies, according to FXStreet data

News Discussion Forum

By Fxstreet

India Gold price today: Gold steadies, according to FXStreet data

Gold prices remained broadly unchanged in India on Tuesday, according to data compiled by FXStreet.

Gold

Commodities

Metals

India

Απάντηση

GBP/USD Price Forecast: Hovers below 1.2700 barrier near three-month highs

News Discussion Forum

By Fxstreet

GBP/USD Price Forecast: Hovers below 1.2700 barrier near three-month highs

The GBP/USD pair edges lower after registering gains in the previous session, hovering around 1.2680 during Tuesday’s Asian hours.

GBPUSD

Technical Analysis

Majors

Απάντηση

China's "two sessions" meetings set to conclude on 11 March

News Discussion Forum

By Forex Live

China's "two sessions" meetings set to conclude on 11 March

As confirmed by a spokesperson for China's National People's Congress

CNY

Απάντηση

ForexLive Asia-Pacific FX news wrap: USD/JPY dropped under 149.00

News Discussion Forum

By Forex Live

ForexLive Asia-Pacific FX news wrap: USD/JPY dropped under 149.00

Forex news for Asian trading on Tuesday, March 4, 2025

Session wrap

Wrap Asia

Απάντηση

China reportedly plans to publish policy to bolster use of open source chips nationwide

News Discussion Forum

By Forex Live

China reportedly plans to publish policy to bolster use of open source chips nationwide

Reuters reports, citing sources familiar with the matter

market overview

Απάντηση

Japan prime minister Ishiba says not pursuing so-called currency devaluation policy

News Discussion Forum

By Forex Live

Japan prime minister Ishiba says not pursuing so-called currency devaluation policy

Remarks by Japan prime minister, Shigeru Ishiba

JPY

Απάντηση

PM Ishiba: Japan is not pursuing so-called currency devaluation policy

News Discussion Forum

By Fxstreet

PM Ishiba: Japan is not pursuing so-called currency devaluation policy

Japanese Prime Minister (PM) Shigeru Ishiba said on Tuesday that “Japan is not pursuing so-called currency devaluation policy.” .

Japan

USDJPY

Currencies

Απάντηση

Japan PM Ishiba says not pursuing a currency devaluation policy

News Discussion Forum

By Forex Live

Japan PM Ishiba says not pursuing a currency devaluation policy

Japan PM Ishiba disgreeing with Trump's accusations

JPY

Απάντηση

Silver Price Forecast: XAG/USD maintains position above $31.50 due to risk-off mood

News Discussion Forum

By Fxstreet

Silver Price Forecast: XAG/USD maintains position above $31.50 due to risk-off mood

Silver price (XAG/USD) extends its gains for the second consecutive session, trading near $31.70 per troy ounce during Asian hours on Tuesday.

Silver

XAGUSD

TradeWar

Macroeconomics

Commodities

Απάντηση

News Discussion Forum

By Fxstreet

USD/INR jumps on Trump’s tariff plans

The Indian Rupee (INR) softens on Tuesday after reaching a three-week high in the previous session.

USDINR

India

SEO

Macroeconomics

EmergingMarkets

Απάντηση

Japanese Yen retreats to the lower end of its daily range against US Dollar

News Discussion Forum

By Fxstreet

Japanese Yen retreats to the lower end of its daily range against US Dollar

The Japanese Yen (JPY) attracts some follow-through buying for the second straight day on Tuesday and moves back closer to a multi-month peak touched against its American counterpart last week.

USDJPY

BOJ

TradeWar

Fed

SEO

Απάντηση

Canada confirms 25% reciprocal tariffs on US imports from Tuesday if Trump tariffs kick in

News Discussion Forum

By Fxstreet

Canada confirms 25% reciprocal tariffs on US imports from Tuesday if Trump tariffs kick in

A statement released by the Canadian prime minister's office confirmed that Canada will impose retaliatory tariffs on US imports from Tuesday if US tariffs go into effect.

Canada

TradeWar

USDCAD

Απάντηση

EUR/USD rises to near 1.0500, upside seems limited due to increased risk aversion

News Discussion Forum

By Fxstreet

EUR/USD rises to near 1.0500, upside seems limited due to increased risk aversion

EUR/USD continues its upward momentum for the second consecutive session, trading around 1.0490 during Asian hours on Tuesday.

EURUSD

Majors

Macroeconomics

Eurozone

TradeWar

Απάντηση

Canada confirms 25% retaliatory tariffs on US imports it Trump's imposts go into effect

News Discussion Forum

By Forex Live

Canada confirms 25% retaliatory tariffs on US imports it Trump's imposts go into effect

Canada reciprocal tariffs

CAD

Απάντηση

NZD/USD softens to near 0.5600 on Trump tariff threat

News Discussion Forum

By Fxstreet

NZD/USD softens to near 0.5600 on Trump tariff threat

The NZD/USD pair remains on the defensive around 0.5610 during the early Asian session on Tuesday.

NZDUSD

Macroeconomics

Majors

Απάντηση

J.P. Morgan sees Gold near US$3,000 by late 2025, maintains bullish outlook

News Discussion Forum

By Forex Live

J.P. Morgan sees Gold near US$3,000 by late 2025, maintains bullish outlook

Structural bullish view

Gold

Bullish

Απάντηση

Australian Dollar declines as US Dollar strengthens amid increased risk aversion

News Discussion Forum

By Fxstreet

Australian Dollar declines as US Dollar strengthens amid increased risk aversion

The Australian Dollar (AUD) retreats against the US Dollar (USD) on Tuesday, giving up recent gains.

AUDUSD

SEO

TradeWar

Macroeconomics

Australia

Απάντηση

China’s Commerce Ministry will take necessary countermeasures on Donald Trump's higher tariffs

News Discussion Forum

By Fxstreet

China’s Commerce Ministry will take necessary countermeasures on Donald Trump's higher tariffs

China’s Commerce Ministry said early Tuesday that the country vowed to take “necessary countermeasures” to safeguard China’s legitimate rights and interests.

China

UnitedStates

Macroeconomics

TradeWar

Απάντηση

PBOC sets USD/CNY reference rate at 7.1739 vs. 7.1745 previous

News Discussion Forum

By Fxstreet

PBOC sets USD/CNY reference rate at 7.1739 vs. 7.1745 previous

The People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead on Tuesday at 7.1739 as compared to the previous day's fix of 7.1745 and 7.2727 Reuters estimates.

USDCNY

PBOC

CentralBanks

Currencies

Απάντηση

China’s Commerce Ministry will take “necessary countermeasures” on Trump's higher tariffs

News Discussion Forum

By Forex Live

China’s Commerce Ministry will take “necessary countermeasures” on Trump's higher tariffs

China response to Trump's China tariffs set higher

CNY

China

CNH

Απάντηση

US President Donald Trump pauses military aid to Ukraine

News Discussion Forum

By Fxstreet

US President Donald Trump pauses military aid to Ukraine

US President Donald Trump ordered a pause to all military aid to Ukraine, putting further pressure on Volodymyr Zelenskiy just days after an Oval Office dispute with the Ukrainian president cast doubt on his country's most important partner.

UnitedStates

Ukraine

Macroeconomics

Απάντηση

UK retail prices set to rise as costs increase

News Discussion Forum

By Forex Live

UK retail prices set to rise as costs increase

British Retail Consortium (BRC) reports shop prices +0.4% m/m, with more rises expected

GBP

Απάντηση

Australia’s Retail Sales rebound in January, rising 0.3% m/m vs. 0.3% expected

News Discussion Forum

By Forex Live

Australia’s Retail Sales rebound in January, rising 0.3% m/m vs. 0.3% expected

Jumping from December's -0.1%

AUD

Απάντηση

RBA Minutes: Members emphasize more weight on downside risks to the economy

News Discussion Forum

By Fxstreet

RBA Minutes: Members emphasize more weight on downside risks to the economy

The Reserve Bank of Australia (RBA) published the Minutes of its February monetary policy meeting on Tuesday, highlighting that the board judged case to cut rates was the stronger one.

RBA

Australia

CentralBanks

InterestRate

Απάντηση

Australia’s Retail Sales rise 0.3 % MoM in January vs. 0.3% expected

News Discussion Forum

By Fxstreet

Australia’s Retail Sales rise 0.3 % MoM in January vs. 0.3% expected

Australia’s Retail Sales, a measure of the country’s consumer spending, rose 0.3% MoM in January, compared to a decline of 0.1% in December, the official data published by the Australian Bureau of Statistics (ABS) showed on Tuesday.

Australia

RetailSales

Macroeconomics

Απάντηση