The currency pair remains close to a six-month high as geopolitical risks support the USD against the CAD. The USD/CAD pair continues its consolidative phase, trading near 1.3800 during Tuesday’s Asian session. The pair has held steady for two consecutive days, reflecting
GBP/USD falls to 1.3495 on US-Iran tensions The British Pound has softened against the US Dollar, falling below 1.3500. The decline is attributed to weak underlying UK data and renewed US-Iran tensions. The GBP/USD pair lost ground to near 1.3495 during the
PBOC sets the daily USD/CNY reference rate at 6.8288, below the 6.7822 Reuters estimate, signaling modest depreciation pressure. The People’s Bank of China set the USD/CNY reference rate at 6.8288 for Tuesday, down from Monday’s 6.8318 fix but weaker than the 6.7822 Reuter
The People’s Bank of China sets the daily reference rate above analyst expectations, signaling potential depreciation pressure on the yuan. The People’s Bank of China set the USD/CNY mid-point at 6.8288, weaker than the Reuters estimate of 6.7822. The move allows the yuan
The Japanese Yen remains under pressure against a rebounding US Dollar amid geopolitical risks and Fed rate hike expectations. The USD/JPY pair traded higher in early Asian trade, hovering near 159.00 as the Japanese Yen faced downward pressure. The US Dollar regained stre
NZD/USD depreciates to 0.5860 The New Zealand Dollar declined due to rising risk aversion. The US Dollar advanced on safe-haven demand amid uncertainty surrounding the US-Iran peace. The NZD/USD pair had registered modest gains in the previous day.
Safe-haven demand lifts USD as geopolitical risks rise over stalled US-Iran peace negotiations. The EUR/USD pair fell to 1.1635 in early Asian trading on Tuesday, pressured by uncertainty over the US-Iran peace deal. Investors shifted toward the USD amid heightened geopoli
The daily yuan reference rate may signal policy intent amid managed float rules and market volatility pressures. The People’s Bank of China is expected to set the USD/CNY reference rate at 6.7822, reflecting its managed exchange rate system. The midpoint guides onshore tra
Euro weakens to 1.1635 against the US dollar The Euro has weakened against the US Dollar due to uncertainty surrounding the US-Iran peace agreement. The European Central Bank's stance on interest rates may help limit the Euro's losses. The US military has c
Japan's net external assets hit a record 561.75 trillion yen in 2025 but fell to third globally behind China and Germany. Japan's net external assets increased 4.4% year-on-year to a record 561.75 trillion yen ($3.53 trillion) in 2025, marking the eighth consecutive annual
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