USD
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JPY – lower vs firmer USD on Iran tensions; intervention risks limit losses
USD/JPY attracts some dip-buyers as Iran tensions and hawkish Fed bets revive the USD demand. Reviving inflationary concerns act as…
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NZD weakens to near 0.5950 despite hotter Chinese CPI inflation data
NZD/USD softens to around 0.5950 in Monday’s early Asian session. China’s April CPI and PPI came in hotter than expected…
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AUD holds losses following China’s CPI inflation data
AUD/USD weakened as the US Dollar strengthened amid rising market risk aversion. China’s CPI rose 1.2% YoY in April, above…
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CAD remains depressed vs firmer USD; rising Oil prices limit further losses
USD/CAD trades with positive bias for the fourth straight day amid a broadly firmer USD. Iran tensions and hawkish Fed…
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US Dollar Index advances after Trump and Iran dismissed latest peace initiatives
US Dollar Index gains as risk aversion rises after President Trump and Iran rejected each other’s latest peace proposals. President…
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USD/CHF moves to near 0.7785 as hopes of US-Iran truce in near term fades
The USD/CHF pair rises to near 0.7785 as the US dismisses Iran’s response to its peace proposal. Iran wants the…
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EUR/USD up 0.4% Before The NFP
Key takeaways The US dollar is weakening ahead of the report’s release. The market is pricing in no change to…
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Trade of The Day – USD/CAD
The pair is testing the +1 standard deviation line of the anchored VWAP, calculated from 2 January 2025 Canada is…
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Japanese Yen gathers strength on reports of FX intervention during May holidays
USD/JPY edges lower to near 156.85 in Friday’s Asian session. Japanese authorities intervened in the FX market again during the…
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EUR/JPY – Hovers around 184.00 as near-term bearish bias maintains
EUR/JPY may fall toward the 11-week low around 181.87. The 14-day Relative Strength Index stands at 41.75, signaling persistent downside…
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