Geopolitical uncertainty over Iran’s response to a US proposal drives demand for the safe-haven USD, pressuring the INR. The USD/INR pair rebounded on Thursday, erasing gains from the previous session as the Indian Rupee failed to sustain momentum. Geopolitical tensions, p
Key FX option expiries at 1.1700-1.1715 for EUR/USD and 0.7250 for AUD/USD may influence near-term price action today. FX traders are monitoring option expiries for EUR/USD between 1.1700 and 1.1715, levels that could act as a near-term floor. The pair’s hourly moving aver
XAU/USD stabilizes near a one-week high after failing to extend gains from a $4,500 rebound amid softer dollar demand. Gold prices hover around $4,700 in Asian trading, unable to build on a two-day recovery from the $4,500 level. The metal remains near its highest point in
US Dollar Index hovers around 98.00 as safe-have demand eases on US-Iran optimism The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is remaining steady after posting nearly 0.5% losses in the previous day and trading around...</strong
The US Dollar Index holds around 98.00 after retreating 0.5% Wednesday on easing geopolitical risks. The US Dollar Index (DXY) traded near 98.00 in Asian hours Thursday, stabilizing after a 0.5% decline the prior session. The move followed reduced safe-haven demand as US-I
The currency pair rises for a third straight session, trading near mid-0.7200s after hitting a multi-year high. The AUD/USD pair regained momentum during Thursday’s Asian session, halting a late pullback from the 0.7275-0.7280 zone, its highest level since June 2022. Dip-b
The Australian dollar extends gains for a third session, trading near multi-year highs on broad-based USD softness. The AUD/USD pair regained momentum in Asian trading, climbing back toward 0.7250 after a brief pullback from the 0.7275-0.7280 zone, its highest level since
The PHP/USD pair rises sharply on easing crude costs, boosting the peso’s strongest daily performance since early August. The Philippine peso strengthened against the US dollar, poised for its largest daily gain in a month. The rally follows a decline in global oil prices,
Japan’s currency interventions face resistance as traders test the 155 yen level against the dollar amid persistent monetary policy divergence. The yen’s rebound from recent interventions is faltering near the 155-per-dollar mark, a key resistance level for traders. Author
Trump’s remarks on Iran de-escalation progress trigger a sharp drop in the Dollar Index, lifting EUR/USD forecasts. EUR/USD is projected to rise toward 1.1800-1.1850 after the Dollar Index fell sharply on President Trump’s comments about progress in Iran de-escalation talk