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Forex
Futures rebound on Hormuz ceasefire – Deutsche Bank
Deutsche Bank analysts report a strong recovery in S&P 500 futures after the US–Iran two-week ceasefire announcement and easing war fears. Futures are now less than 2% below…
USD/CHF tumbles below 0.7900 on Trump’s ceasefire announcement, FOMC Minutes in focus
The USD/CHF pair slumps to around 0.7890 during the early European session on Wednesday. Reports of a potential two-week ceasefire between the United States (US) and Iran drag the…
Canadian Dollar gains as market sentiment improves after US-Iran ceasefire
USD/CAD continues to lose ground for the third successive day, trading around 1.3830 during the Asian hours on Wednesday. The pair depreciates as the US Dollar (USD) declines on…
XAG/USD bulls await breakout above 200-EMA on H4
Silver (XAG/USD) retreats slightly from the weekly high set earlier during the Asian session this Wednesday and currently trades just below mid- $76.00s, still up over 4.5% for the…
Gains momentum, bullish bias prevails above 100-day EMA
The AUD/JPY cross gathers strength to around 111.80 during the Asian trading hours on Wednesday. The Australian Dollar (AUD) edges higher against the Japanese Yen (JPY) amid…
Reserve Bank of New Zealand holds interest rate steady at 2.25%, as expected
The Reserve Bank of New Zealand (RBNZ) decided to hold the Official Cash Rate (OCR) steady at 2.25% after concluding the April monetary policy meeting on Wednesday.The decision…
USD/CHF languishes near two-week low as US-Iran ceasefire hits USD
The USD/CHF pair attracts heavy selling during the Asian session on Wednesday and dives to a two-week low amid a broadly weaker US Dollar (USD). Spot prices currently trade just…
GBP/USD surges toward 1.3400 as Iran ceasefire deflates the US Dollar
GBP/USD ripped higher on Tuesday as the US Dollar buckled under a wave of risk-on positioning triggered by President Trump's announcement of a two-week ceasefire with Iran. The…
Gold jumps above $4,750 on Trump’s Iran strike delay
Gold price (XAU/USD) rises to near $4,775 during the early Asian session on Wednesday. The precious metal attracts some buyers after US President Donald Trump agrees to suspend…
NZD/USD stays neutral ahead of RBNZ decision as geopolitical risks and policy outlook weigh
The NZD/USD pair is trading near the 0.5720 region on Wednesday, holding a neutral tone as the US Dollar (USD) remains supported by safe-haven demand while traders brace for the…