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Markets
Holds above support but bulls stay cautious
The USD/JPY pair fails just ahead of the 159.00 mark during the Asian session on Thursday, stalling the previous day's modest recovery from sub-158.00 levels or a nearly three-week…
EUR/JPY advances above 185.00 as fiscal expansion pressures Japanese Yen
The EUR/JPY cross gathers strength to near 185.20 during the early European session on Thursday. The Japanese Yen (JPY) weakens against the Euro (EUR) amid fiscal expansion…
US Dollar Index moves little due to renewed safe-haven demand
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is remaining flat after three days of losses and hovering around 99.00…
NZD/USD gathers strength above 0.5800 on RBNZ hawkish hold
The NZD/USD pair gains ground to near 0.5830 during the Asian trading hours on Thursday. The New Zealand Dollar (NZD) strengthens against the US Dollar (USD) following a hawkish…
WTI jumps above $92.50 amid US and Iran’s fragile ceasefire
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $92.80 during the Asian trading hours on Thursday. The WTI price jumps after Iran accuses the US of…
EUR/USD softens to near 1.1650 as Middle East tensions lift US Dollar
The EUR/USD pair trades with mild losses around 1.1655 during the early Asian session on Thursday. The Euro (EUR) softens against the US Dollar (USD) amid uncertainty surrounding…
Iran says peace talks would be ‘unreasonable’ as Israel expands Lebanon strikes
Sporadic fighting continued in the Middle East, including in Lebanon, killing hundreds of people and drawing a threat of retaliation from Iran, Reuters reported on Thursday. Iran…
AUD/USD consolidates near 0.7050 after ceasefire-driven rally
AUD/USD gave back a portion of Wednesday's sharp rally, settling around 0.7050 after surging over 1% earlier in the session. The pair spiked to a three-week high near 0.7085 on…
Energy buffers seen limiting near‑term risks – MUFG
MUFG’s Senior Currency Analyst Lloyd Chan argues Singapore’s energy system and fiscal strength materially limit near‑term tail risks from Middle East tensions. The city‑state…
Rallies above 0.5800, eyes on 200-day SMA
The NZD/USD rallied sharply on Wednesday, boosted by a double whammy. The de-escalation of the Middle East conflict, and hawkish remarks by the RBNZ Governor, Anna Breman, post the…