Geopolitical tensions lift the safe-haven USD, pressuring the GBP ahead of key US PCE inflation data later Thursday. The GBP/USD pair retreated toward 1.3400 in Asian trading Thursday as fresh US military strikes in Iran bolstered demand for the safe-haven US Dollar. The U
Geopolitical risks in the Middle East drive USD demand, pushing the pair to its highest level since mid-April. The USD/CAD pair climbed for a third straight session, trading near 1.3850 in Asian hours, its highest since April 13. The move extends a breakout above the 200-d
China’s central bank sets the daily yuan reference rate above market expectations, signaling potential depreciation pressure. The People’s Bank of China set today’s USD/CNY reference rate at 6.8240, compared with a market estimate of 6.7861. The fix allows the yuan to trad
Markets focus on potential hawkish signals from new Governor Hyun Song Shin at his first policy meeting. South Korea’s Kospi declined ahead of the Bank of Korea’s rate decision, where a hold at 2.5% is widely expected. Investors are closely watching for any hawkish guidanc
ECB Chief Economist Philip Lane states second-round inflation effects will persist even if initial energy price pressures subside. European Central Bank Chief Economist Philip Lane said Thursday that inflationary pressures from energy shocks may ease, but second-round effe
PBOC to set daily USD/CNY rate at 6.7861 The People’s Bank of China sets the daily USD/CNY reference rate to guide market expectations. The current trading band permits the currency to move plus or minus 2% from the official midpoint during onshore trading hours.
Geopolitical risks from fresh US military strikes in Iran drive demand for the safe-haven USD, pressuring the Euro. The EUR/USD pair fell to 1.1620 in early Asian trading Thursday, extending losses below 1.1650. The decline follows new US military strikes in Iran, escalati
Aussie Dollar falls nearly 2% against NZD The Aussie Dollar dropped nearly 2% against the New Zealand Dollar on Wednesday. The AUD/NZD had been nearing generational highs near 1.2300, driven by relative central bank divergence. The decline marks a shift in t
Australia’s April CPI miss and the RBNZ’s unchanged stance triggered a sharp sell-off in AUD/NZD, erasing recent gains. The Australian Dollar fell nearly 2% against the New Zealand Dollar on Wednesday after April’s CPI data undershot expectations. Headline inflation rose 4
Conflicting reports on a potential US-Iran deal trigger volatility, weighing on risk-sensitive currencies and equity sectors. The AUD/NZD pair fell sharply, marking its largest single-day decline since 2022, as markets reacted to mixed signals on a US-Iran memorandum of un
ادخل بحساب جوجل لمشاركة رأيك والتفاعل مع الأخبار — بلا كلمة مرور.
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