USD/CAD trades near 1.4170-1.4175 region The USD/CAD pair started the week on a positive note, trading near the 1.4170-1.4175 region. This level is close to its highest since April 2025. The pair's movement is influenced by Iran uncertainty and a bullish US
Geopolitical risks and Fed-BoC policy divergence drive the pair to multi-year highs near 1.4175. The USD/CAD pair trades near 1.4175 in early Asian trade, close to its highest level since April 2025. Renewed tensions between Iran and the US, including Iran’s closure of the
The daily yuan reference rate, a key policy signal, will guide trading within a 2% band around the PBOC’s midpoint. The People’s Bank of China is poised to set its daily USD/CNY reference rate at approximately 6.7733, a closely monitored benchmark in Asian FX markets. The
Euro declines to 1.1460 amid US-Iran peace deal concerns The EUR/USD pair has drifted lower to around 1.1460. Concerns about progress for the US-Iran peace deal are boosting the US Dollar. The US Dollar is seen as a safe-haven currency, and expectations of higher
Deputy Governor Himino’s remarks may clarify the Bank of Japan’s stance amid yen weakness and verbal intervention from finance officials. Bank of Japan Deputy Governor Shinichi Himino will speak in parliament at 0000 GMT, potentially addressing recent yen depreciation and
The Australian Dollar weakens against the US Dollar as geopolitical tensions drive risk aversion in early Asian trading. The AUD/USD pair fell to 0.7005 in early Asian trading on Monday, pressured by stalled US-Iran negotiations. The decline reflects broader risk-off senti
Risk-off sentiment weighs on the Australian Dollar as geopolitical uncertainty and Fed rate hike expectations lift the USD. The AUD/USD pair fell to around 0.7005 in early Asian trading Monday, pressured by escalating US-Iran tensions and a stronger US Dollar. Markets reac
GBP/USD falls 0.17% to 1.3210 amid political uncertainty following calls for UK PM Keir Starmer to step down. The British Pound came under selling pressure early Monday as political uncertainty gripped the UK. GBP/USD declined 0.17% to 1.3210 after Labour Party ministers u
Investigators have not confirmed system fault, but the incident may escalate NHTSA scrutiny and pressure TSLA shares. Tesla confronts renewed regulatory and reputational risks after a fatal crash involving its driver-assist technology in Katy, Texas. The incident killed a
GBP/USD volatile on leadership change uncertainty The prospect of a leadership change in Downing Street is weighing on the GBP. A possible transition of power could revive fiscal discipline concerns, given the more left-leaning policy instincts of a potential succe
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