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GBP/USD Price Analysis: Struggles near multi-week low, around 1.3430 ahead of US CPI
The GBP/USD pair consolidates near the 1.3430-1.3435 region, just above a three-week low touched during the Asian session on Tuesday as traders keenly await the release of the US consumer inflation figure.
EUR/USD trades quietly below 1.1700 as investors await fresh cues on US-EU trade talks
The EUR/USD pair trades calmly around 1.1670 during the Asian trading session on Tuesday. The major currency pair oscillates in a limited range, with investors awaiting fresh development on trade negotiations between the United States (US) and the European Union (EU).
India Gold price today: Gold rises, according to FXStreet data
Gold prices rose in India on Tuesday, according to data compiled by FXStreet.
EUR/JPY Price Forecast: Retains bullish bias near 172.50, overbought RSI warrants caution for bulls
The EUR/JPY cross trades in positive territory near 172.45 during the Asian trading hours on Tuesday. The rising expectation that the Bank of Japan (BoJ) would keep interest rates low for longer than it wants could weigh on the Japanese Yen (JPY) against the Euro (EUR).
USD/INR edges lower ahead of US inflation data
The Indian Rupee (INR) ticks up at open against the US Dollar (USD) on Tuesday. The USD/INR pair edges lower to near 86.00 even as the US Dollar (USD) demonstrates strength ahead of the United States (US) Consumer Price Index (CPI) data for June, which will be published at 12:30 GMT.
Gold price moves closer to three-week peak amid modest USD downtick
Gold price (XAU/USD) attracts some dip-buying during the Asian session on Tuesday and reverses a major part of the previous day's retracement slide from a nearly three-week high.
Silver Price Forecast: XAG/USD remains above $38.00 due to renewed safe-haven demand
Silver price (XAG/USD) holds ground after registering more than 0.50% losses, trading around $38.10 per troy ounce during the Asian hours on Tuesday. The Silver price may further advance toward a 14-year high of $39.13, which was reached on Monday, amid renewed safe-haven demand.
Australia's PM to balance trade and security tensions with China's President Xi
Chinese President Xi Jinping is expected to meet Australia's Prime Minister Anthony Albanese on Tuesday in Beijing to discuss trade and security amid global trade turmoil and pressure from the US over security commitments to Taiwan, per the Financial Times.
US CPI data set to show inflation heated up in June
The United States (US) Bureau of Labor Statistics (BLS) will publish the all-important Consumer Price Index (CPI) data for June on Tuesday at 12:30 GMT.
US Dollar Index treads water above 98.00 due to renewed geopolitical tensions, CPI awaited
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is edging lower after four days of gains and trading around 98.10 during the Asian hours on Tuesday.
China's NBS: Economic performance in the first half of the year is stable, with steady progress
Following the publication of the high-impact China's Gross Domestic Product (GDP) and activity data, the National Bureau of Statistics (NBS) expressed its outlook on the economy during its press conference on Tuesday.
NZD/USD holds positive ground above 0.5950 as China's Q2 GDP grows 5.2%
The NZD/USD pair remains firm near 0.5980 during the Asian trading hours on Tuesday. The New Zealand Dollar (NZD) edges slightly higher against the US Dollar (USD) after the release of Chinese economic data.
Japanese Yen hangs near multi-week low against USD; seems vulnerable to slide further
The Japanese Yen (JPY) struggles near a three-week low against its American counterpart during the Asian session on Tuesday and seems vulnerable to prolonging a two-week-old downtrend.
Australian Dollar inches higher as China's GDP rises in second quarter
The Australian Dollar (AUD) gains ground against the US Dollar (USD) on Tuesday, following China's economic data.
China's economy expands 5.2% YoY in Q2 2025 vs. 5.1% expected
China's economy expanded at an annual rate of 5.2% in the second quarter (Q2) of 2025, compared to a 5.4% growth in the first quarter, the official data published by the National Bureau of Statistics (NBS) showed on Tuesday. Data beat the market forecast of 5.1% in the reported period.
EU threatens retaliatory tariffs for US goods after Trump's surprise 30% tariffs - WSJ
The European Union (EU) is preparing tariffs on US goods, including aircraft, alcohol, coffee, and medical devices worth 72 billion euros ($84 billion) in case no trade deal is reached by August 1, per the Wall Street Journal.
Gold Price Forecast: XAU/USD gains momentum to near $3,350 ahead of US CPI release
The Gold price (XAU/USD) gains ground to near $3,350 during the early Asian session on Tuesday. The precious metal edges higher amid safe-haven demand after US President Donald Trump threatened 100% Russia tariffs.
PBOC sets USD/CNY reference rate at 7.1498 vs. 7.1491 previous
The People's Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead on Tuesday at 7.1498 as compared to the previous day's fix of 7.1491 and 7.1758 Reuters estimate.
US President Donald Trump threatens 100% Russia Tariffs - Bloomberg
US President Donald Trump late Monday threatened to impose 100% tariffs" on Russia if President Vladimir Putin does not agree to a deal to end his invasion of Ukraine in 50 days, per Bloomberg. Trump added that the levies would come in the form of "secondary tariffs," without providing details.
Japan 10-year Government Bond Yields climb to peak since 2008
Japan 10-year Government Bond Yields (JGB) climbed to near 1.59%, the highest since 2008, in Tuesday's early Asian session. Traders brace for a potential power shift in upper house elections this weekend that could accelerate fiscal spending and drive super-long bond yields higher.
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