The Reserve Bank of Australia’s hawkish policy outlook drives the AUD higher against the JPY in early trading. The Australian Dollar climbed against the Japanese Yen, with the AUD/JPY pair reaching 113.60 in early European trading. The move follows signals from the Reserve
RBI steps in to limit rupee's fall against USD The Indian central bank is likely intervening in the FX market to limit the rupee's drop. The rupee has been sliding back as higher oil prices continue to weigh heavily on the Indian economy. The currency pair
USD/CHF rises to near 0.7785 on diminished truce hopes The USD/CHF pair holds gains around 0.7785 during the Asian trading session. The US Dollar outperforms its peers amid a risk-off impulse due to fading hopes of an immediate US-Iran breakthrough. The US Dollar
Risk aversion lifts the USD amid stalled Middle East diplomacy, with the DXY trading near 98.10 after April payrolls beat forecasts. The US Dollar Index (DXY) climbed to 98.10 in Asian trading Monday, recovering from minor losses as risk aversion grew. The advance followed
XAG/USD climbs to $81.50 in early trading as industrial demand drives prices higher amid geopolitical developments. Silver prices extended gains, reaching $81.50 in early Asian trading on Monday. The rally was fueled by strong demand from industrial sectors, particularly f
EUR/USD pair settles above 1.1750 level The EUR/USD pair has moved above the 1.1750 level, also surpassing the 100 and 200 simple moving averages. The pair's movement indicates a potential upside break, driven by buying pressure. Despite this, selling activ
Rising US-Iran tensions and strong US jobs data support the USD, offsetting oil-driven gains for the CAD. The USD/CAD pair rose for the fourth consecutive session, approaching 1.3700 in Asian trading on Monday. A firmer US Dollar, driven by renewed geopolitical risks in th
Japan's energy subsidies drain funds at 300 billion yen monthly Japan's petrol subsidies are consuming around 300 billion yen per month from an allocated fund of 800 billion yen. The country passed its largest-ever annual budget of 122 trillion yen in April, which has
The New Zealand Dollar weakens against the USD near 0.5950 as traders await US Existing Home Sales figures later today. The NZD/USD pair fell to near 0.5950 in early Asian trading on Monday, extending losses despite a hotter-than-expected Chinese Consumer Price Index (CPI)
The yen weakens against the USD amid heightened Iran tensions, though intervention threats cap further losses near 156.50. The USD/JPY pair erased early Asian session losses, climbing back to the 156.50-156.45 range on Monday. Demand for the safe-haven US Dollar (USD) rose
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