Commerzbank analysts note the US Dollar Index (DXY) inched up to 97.96 as markets consolidated and prepared for United States (US) Consumer Price Index (CPI). US equities posted modest gains, while US Treasury yields rose 5–7bp on higher Oil prices and fading hopes of a ne
Strategists expect AUD/USD to retest 0.7220 but hold above 0.7205, with limited upside over the next 1-3 weeks. The Australian dollar dipped to 0.7205 against the US dollar before rebounding to close near 0.7250, according to market analysis. Intraday risks remain skewed t
EUR/USD options expiring at 1.1745-50 levels could anchor price action near key moving averages amid mixed dollar sentiment. EUR/USD options expiring at 1.1745-50 levels may constrain near-term volatility, as these levels sit between the 100-hour (1.1758) and 200-hour (1.1
The Australian Dollar weakens slightly as traders await fiscal policy details in the upcoming federal budget announcement. The Australian Dollar (AUD) declined 0.23% to 0.7230 against the US Dollar (USD) in late Asian trading on Tuesday. Caution ahead of the 2026 Australia
The Australian Dollar weakens as traders await fiscal policy details in the 2026 Budget announcement at 09:30 GMT. The Australian Dollar (AUD) fell 0.23% to 0.7230 against the US Dollar (USD) in late Asian trading on Tuesday. Caution ahead of the 2026 Australian Budget rel
Geopolitical risks and upcoming US CPI data drive demand for the USD, pressuring the JPY ahead of key inflation figures. The USD/JPY pair climbed to near 157.55 in early European trading on Tuesday, supported by heightened geopolitical tensions in the Middle East. Reports
USD/INR surges to near 95.60 amid concerns over potential Strait of Hormuz closure disrupting global energy flows. The Indian Rupee fell to an all-time low against the US Dollar in early trading Tuesday, with USD/INR rising to nearly 95.60. The decline follows escalating t
Officials highlight ongoing collaboration to address excessive currency fluctuations without committing to joint intervention. US and Japanese officials reaffirmed robust coordination in managing excessive volatility in currency markets. The meeting underscored continued c
The currency pair declines toward a nine-day exponential moving average, trading near 1.1760 in Asian hours. EUR/USD fell to 1.1760 during Tuesday’s Asian trading session, marking its second consecutive day of losses. The pair is approaching the nine-day exponential moving
Reserve Bank of Australia’s hawkish stance lifts AUD as markets price in higher rates through 2026 without cuts. The AUD/JPY pair climbed above 114.00 in early European trading, supported by the Reserve Bank of Australia’s signal of further rate hikes. The RBA’s latest for