The Euro pares gains against the Pound after failing to break above 0.8655 resistance, trading near 0.8650. EUR/GBP pulls back to 0.8650 after reaching session highs near 0.8660, as resistance at 0.8655 remains intact. The pair maintains a mild constructive bias, recoverin
AUD/USD pair recovers losses near 0.7240 The AUD/USD pair has recovered a majority of its opening losses and is trading near 0.7240. The recovery comes ahead of US President Donald Trump's visit to China, which is expected to last from May 13 to May 15. A p
Commerzbank warns US sanctions on Chinese refineries buying Iranian oil may push firms to bypass USD settlement systems. Legal tensions between US sanctions and China’s blocking statutes are creating risks for the USD’s reserve currency status. Companies may avoid US payme
XAU/USD falls to a daily low near $4,650 amid USD demand fueled by Fed hike bets and geopolitical tensions. Gold (XAU/USD) extended intraday losses, slipping below $4,650 during Monday’s European session as the US Dollar (USD) rallied. Persistent geopolitical risks, partic
Japan hints at potential currency intervention while Middle East tensions lift the USD, pushing the yen lower in early European trading. The USD/JPY pair climbed to 157.15 in early European trading Monday, extending gains as the yen softened amid heightened geopolitical ri
USD/INR rises 0.5% to near 95.00 as WTI crude jumps over 5% to $96.40 on stalled US-Iran talks. The Indian Rupee (INR) weakened against the US Dollar (USD) Monday, with the USD/INR pair climbing 0.5% to near 95.00. The move follows a sharp rise in oil prices after US Presi
EUR/USD expiries at 1.1725-50 levels may hold downside price action The dollar is keeping firmer on the day, which could help hold a range to any downside price action in European morning trade. The EUR/USD expiries at the 1.1725-50 levels do not tie to any technical
Renewed geopolitical risks and hawkish Federal Reserve expectations lift the USD, capping the pair’s rebound near 1.3600. The GBP/USD pair remains under pressure below 1.3600 in early Asian trading, weighed by a resurgence in USD demand. Escalating tensions in the Strait o
The Euro remains under pressure against the Dollar amid broader market risk aversion during early Asian trading. EUR/USD held near 1.1750, extending daily losses as the US Dollar strengthened on growing risk aversion. The pair opened with a gap down and struggled to recove
Geopolitical tensions and safe-haven demand lift the USD, pressuring the EUR/USD pair despite better-than-expected US jobs data. EUR/USD trades near 1.1750 in early Asian trading, extending losses as the USD strengthens amid rising risk aversion. Escalating Middle East ten