The Dow Jones Industrial Average (DJIA) lost some ground on Tuesday, declining below 42,500 as equity markets roil beneath the weight of the burgeoning Israel-Iran conflict.
Gold prices retreated below the $3,400 level on Tuesday despite deteriorating risk appetite as overall US Dollar (USD) strength drove the yellow metal lower. Nevertheless, the escalation of the Israel–Iran conflict would likely underpin the precious metal due to its safe-haven appeal.
United States (US) President Donald Trump is on the wires claiming the US has control of the skies over Iran through his social media platform, Truth Social. Trump declared, "Our patience is wearing thin," while adding he does not want missiles shot at civilians or American soldiers.
The Japanese Yen (JPY) is weakening against the US Dollar (USD) for the third consecutive day on Tuesday, as the Greenback remained firm amid lingering Middle East tensions and the Bank of Japan's (BoJ) status quo policy stance.
The pair is falling back toward 0.6500 on Tuesday as traders digest mixed US Retail Sales data, monitor rising geopolitical tensions, and prepare for Wednesday's Federal Reserve (Fed) policy decision and Summary of Economic Projections.
iFX EXPO International 2025 today (Tuesday) opened with an evening networking event at Columbia Beach in Limassol, Cyprus. The reception, running from 18:00 to 21:00, will mark the start of the thr...
European Commission President Ursula von der Leyen said on Tuesday that trade talks between the European Union (EU) and the United States (US) are complex but added that they are advancing.
The GBP/USD tumbled below the 1.3500 figure for the first time in the week, down over 0.39%, as tensions in the Middle East remained high, with news sources revealing that the United States (US) is weighing whether to join Israel in its confrontation with Iran.
European Central Bank (ECB) policymaker Francois Villeroy de Galhau said on Tuesday that they are in a good position on interest rate policy but noted that there is now more uncertainty following the Iran-Israel conflict.
The Euro (EUR) weakens against the US Dollar (USD) on Tuesday, with the EUR/USD pair drifting lower as traders digest a steady Greenback despite disappointing Retail Sales and Industrial Production data and ongoing geopolitical tensions stemming from the Iran-Israel conflict.
Dukascopy has added 303 new trading instruments to its JForex platform, expanding its multi-asset offering across currency, precious metals, and cryptocurrency markets.
The Financial Commission has approved FP Markets as its newest member. The membership became effective on 17 June 2025. FP Markets now gains access to the Commission’s dispute resolution services a...
Industrial Production in the United States (US) contracted by 0.2% on a monthly basis in May, the data published by the Federal Reserve showed on Tuesday. This reading followed the 0.1% growth recorded in April and came in worse than the market expectation for an expansion of 0.1%.
The Indian Rupee (INR) weakens against the US Dollar (USD) on Tuesday, giving up Monday’s modest rebound as heightened geopolitical tensions in the Middle East, stronger Crude Oil prices, and a resilient Greenback dampen sentiment ahead of the Federal Reserve’s (Fed) key interest rate decision.
Retail Sales in the United States (US) declined by 0.9% in May to $715.4 billion, the US Census Bureau announced on Tuesday. This reading followed the 0.1% decrease (revised from +0.1%) recorded in April and came in worse than the market expectation for a contraction of 0.7%.
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