The cross falls to 112.90 after Japan’s Q1 GDP growth exceeds expectations, bolstering the yen against the Australian dollar. The AUD/JPY cross retreated to around 112.90 in early European trading on Wednesday, extending losses below the 113.00 mark. The decline follows Ja
Safe-haven flows into the USD push USD/CHF higher amid escalating US-Iran tensions and persistent inflation concerns. USD/CHF climbed to 0.7890 in Asian trading, extending gains for a second day as demand for the US Dollar surged. The move follows reports of renewed US thr
BofA shifts yen outlook to neutral, citing structural improvements and potential catalysts for a bullish turn by end-2026. Bank of America has revised its USD/JPY forecast to 152 for end-2026, down from 157, and upgraded its yen view to neutral from bearish. The adjustment
China to purchase 200 Boeing jets and ease rare earth export restrictions China will purchase 200 Boeing jets as part of a trade package with the US. The deal includes reciprocal tariff cuts on $30 billion or more of goods. The US and China will also jointl
The currency pair falls for a second day, slipping below technical levels amid a descending wedge pattern on daily charts. EUR/JPY extended its decline for a second consecutive session, trading around 184.30 during Asian hours on Wednesday. The pair dropped below key movin
US crude inventories drop 9.1 million barrels, extending declines as geopolitical risks bolster near-term price forecasts. US crude oil inventories fell by 9.1 million barrels last week, marking a fifth consecutive decline, according to private survey data. The draw exceed
The currency pair falls to a two-month low as risk aversion and higher US yields bolster the US Dollar ahead of key economic data. EUR/USD trades near 1.1596, its lowest level in two months, as the US Dollar strengthens amid risk-off sentiment and rising Treasury yields. T
The US Dollar Index climbs for a second day as fresh geopolitical risks boost demand for the safe-haven currency. The US Dollar Index (DXY) traded near 99.50, extending gains to a six-week high as renewed trade threats weighed on risk sentiment. The index, which tracks the
Labor action at the world’s top memory-chip maker risks disrupting global semiconductor supply chains amid stalled wage talks. Samsung Electronics’ union will strike Thursday after mediation talks with management collapsed, citing delays in decision-making. The union accep
The New Zealand Dollar weakens against the US Dollar amid higher Fed rates and geopolitical tensions in the Middle East. The NZD/USD pair dropped to around 0.5820 during Asian trading on Wednesday, extending losses below 0.5850. The decline follows broad USD strength drive
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