TD Securities cuts near-term gold forecasts on higher yields, firm dollar; sees $5,350 by 2027.
SNB signals greater readiness to intervene, aiming to curb one-way franc strength amid Middle East tensions.
Gold rebounds above $4,500 as ceasefire cools upside; Hormuz tensions and US jobs data steer next move.
ECB’s Rehn calls potential rate hike “insurance” against inflation; hawkish signals lift euro outlook, volatility, option demand.
EUR/GBP hovers below 0.8650 as UK stability and rate gap support sterling despite firmer eurozone inflation.
Rupee stays near 95 amid oil volatility, geopolitics, RBI decision, FII outflows, and pivotal US jobs data.
Eurozone May inflation hits 3.2%, core 2.5%; EUR/USD steady near 1.1640 as ECB hike bets rise.
Eurozone May HICP inflation fell to 0.1%, boosting ECB rate-cut odds, weakening euro, supporting equities.
Gold holds modest gains but remains in downtrend; Fed-hawkish outlook and US data may drive volatility.
Eurozone HICP inflation held at 3.2% in May, easing volatility but keeping ECB hawkish and supportive.
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