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Asian stocks including KOSPI slide as AI doubts hit chipmakers

Asian stocks fall sharply on Tuesday as mounting skepticism over the massive financial returns on artificial intelligence spending triggered a widespread sell-off across global semiconductor shares.

Pound Sterling Price News & Forecast: GBP/USD declines as the US Dollar holds firm

GBP/USD edges lower after opening at a bullish gap, remaining within positive territory and trading around 1.3290 during the Asian hours on Tuesday.

Gold Price Forecast: XAU/USD looks vulnerable as focus shifts to the Fed meeting

Gold is challenging the $4,050 level early Tuesday, extending the pullback from above $4,100, as sellers remain in control ahead of the two-day US Federal Reserve (Fed) monetary policy meeting, starti ...

Senate prepares for potential CLARITY Act floor vote as Republicans work to secure support

Senate Republicans are preparing to advance the CLARITY Act as lawmakers face a narrow window to begin floor proceedings before the August recess.

Canadian Dollar struggles near two-week low vs USD amid bearish oil prices, ahead of FOMC

The USD/CAD pair enters a bullish consolidation phase near a two-week high, touched during the Asian session on Tuesday, and currently trades around 1.4120.

United Kingdom BRC Shop Price Index (YoY) below forecasts (1.2%) in July: Actual (0.9%)

Australian Dollar gains ahead of RBA Governor Bullock’s speech

AUD/USD inches higher after recovering its daily losses, trading around 0.6990 during the Asian hours on Tuesday. Traders are keeping a close watch on scheduled remarks from Reserve Bank of Australia ...

WTI consolidates near one-week low, around $81.00 as traders eye US–Iran talks

West Texas Intermediate (WTI) – the benchmark US Crude Oil price – is seen consolidating the previous day's heavy losses and trading around the $81.00 mark, just above a one-week high set during the A ...

British Pound softens as Fed rate uncertainty supports US Dollar

GBP/USD edges lower after opening at a bullish gap, remaining within positive territory and trading around 1.3290 during the Asian hours on Tuesday.

Euro hangs near monthly low, holds above 1.1350 as USD bulls pause ahead of FOMC meeting

The EUR/USD pair is seen consolidating near the monthly trough and trading just above mid-1.1300s during the Asian session on Tuesday. Traders seem hesitant and await the outcome of a two-day FOMC pol ...

PBOC sets USD/CNY reference rate at 6.7928 vs. 6.7911 previous

The People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead on Tuesday at 6.7928 compared to the previous day's fix of 6.7911.

Gold declines despite easing concerns over inflation, interest rate hikes

Gold price (XAU/USD) loses ground after registering gains in the previous day, trading around $4,050 per troy ounce during the Asian hours on Tuesday.