The Japanese Yen lingers near a one-month low against the USD, with traders cautious amid potential currency intervention risks. The USD/JPY pair remains above the 160.00 mark, trading near its highest level since April 30 but failing to extend gains in Tuesday’s Asian ses
The Japanese Yen lingers near a one-month low against the USD, pressured by Fed rate hike bets and Middle East tensions. The USD/JPY pair remains above the 160.00 mark, trading near its highest level since April 30 despite a modest pullback in the US Dollar. A weaker USD I
The Indian Rupee strengthens to near 95.50 per USD after oil prices fall amid reports of a ceasefire in the Middle East. The Indian Rupee (INR) rebounded against the US Dollar (USD) at Tuesday’s open, reversing a sharp decline from the previous session. The USD/INR pair fe
Indonesia’s foreign reserves drop to USD 144.9 billion in May, the lowest since June 2024, amid currency stabilization efforts. The USD/IDR pair climbed for a fifth straight session, trading near 18,200 in Asian hours and approaching its all-time high of 18,247. The Indone
Markets price in a 25-basis-point ECB rate hike after Eurozone inflation hits 3.2%, bolstering the EUR/JPY cross. The EUR/JPY pair climbed to 184.85 in early European trading, supported by expectations of a European Central Bank rate hike. Markets have fully priced in a 25
The New Zealand Dollar trades near 0.5810, remaining below key moving averages with a bearish near-term bias amid weak momentum. The NZD/USD pair rose for a second day, reaching around 0.5810 in Asian trading on Tuesday. The move reflects ongoing consolidation within a rec
Elliott Wave analysis suggests Meta’s correction may find support near $522-$545 before resuming its uptrend. Meta’s stock is retracing in a wave ((2)) correction after a short-term rally from its March 27, 2026 low, according to Elliott Wave analysis. The pullback is appr
The AI startup’s confidential filing signals a potential September listing, amid heightened investor interest in tech IPOs. OpenAI has submitted a confidential prospectus for a US initial public offering, targeting a September market debut. The move follows growing specula
AUD gains as China's trade balance rises The Australian Dollar has posted modest gains against the Japanese Yen, trading near 112.90. A larger-than-expected China trade surplus has provided support to the Australian Dollar. Markets are watching for potentia
The Australian Dollar shows little reaction to May’s robust Chinese trade surplus, maintaining a flat trading range in early Asian trade. The Australian Dollar (AUD) traded steady at around 0.7050 against major currencies during Tuesday’s Asian session, despite stronger-th
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