Indian Rupee hovered near record lows as rising oil prices, Iran tensions, and yields supported USD/INR.
Gold hovers near seven-week lows as strong dollar, higher yields, and Fed minutes keep pressure.
Dollar strengthens as US yields rise; Fed minutes awaited amid tighter tone, inflation risks, and potential rate hikes.
Silver jumps 2.15% to $75.29; Gold/Silver ratio dips as dollar, rates, and industrial demand drive prices.
Gold remains bearish below 50-DMA; 200-DMA support near $4,350 risks break toward $4,100; resistance $4,685–$4,775.
UK inflation dips as services cool; PPI surprises higher, muddying BoE outlook amid softening labour market.
AUD/USD rebounded from 0.7085 lows, but firm US Dollar and geopolitical risks capped gains ahead Fed minutes.
Eurozone harmonised consumer prices increased 1% month-on-month in April, matching economists’ expectations and the consensus forecast.
Eurozone core HICP inflation held steady at 0.9% month-on-month in April, matching March’s reading.
Eurozone core Harmonised Index of Consumer Prices climbed 2.2% year-on-year in April, matching forecasts and expectations.
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