Forex
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GBP softens to near 1.3400 as US-Iran tensions boost safe-haven US Dollar
GBP/USD loses momentum to around 1.3400 in Thursday’s early Asian session. US military carried out new strikes in Iran; Trump…
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Japanese Yen hits four-week low vs firmer USD as Hormuz risks counter intervention fears
USD/JPY attracts buyers for the third straight day, though JPY intervention fears cap gains. Economic concerns stemming from Hormuz risk…
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Trade of the day: USD/PLN
Facts: USDPLN has halted its decline and is currently at the 38.2% Fibonacci retracement level (around 3.6325). The price remains…
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United States Dollar Index (DXY) flatlines around 99.00 amid mixed news from Iran
The US Dollar consolidates around 99.00 halfway through the weekly range. Contradictory news from Iran is keeping investors on edge…
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Pound Little-Changed Amid Middle East Optimism
The pound held steady at $1.344 as investors awaited Middle East developments amid optimism over a potential US-Iran peace deal…
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Euro Near Six-Week Low Amid US-Iran Optimism
The euro hovered around $1.164, close to a six-week low, amid optimism over a potential US-Iran peace deal and reduced…
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Euro hits fresh monthly highs with Japanese Yen weakness raising intervention concerns
EUR/JPY rallies for the fourth consecutive day and hits fresh monthly highs above 185.46. BoJ Ueda’s comments backing an upcoming…
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NZD the strongest currency after a hawkish surprise from the RBNZ
RBNZ: hawkish hold The RBNZ delivered a decision that the market interpreted as a classic “hawkish hold.” The Official Cash…
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Indian Rupee ticks higher as oil prices decline while Iran uncertainty persists
The Indian Rupee ticks higher against the US Dollar as oil prices decline. Iran alleges that the US is violating…
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British Pound remains close to monthly peak vs Japanese Yen amid Mideast tensions
GBP/JPY regains positive traction on Wednesday and draws support from a combination of factors. A modest USD downtick benefits the…
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