The currency pair climbs as risk sentiment improves amid potential US-Iran de-escalation, with technicals favoring bulls above the 100-day EMA. The AUD/JPY cross advanced to 113.20 in early European trading Friday, buoyed by optimism over a potential US-Iran truce. Improve
Japanese authorities intervene in currency markets, weakening the USD/JPY pair to around 156.85 in early Asian trading. The Japanese Yen strengthened against the US Dollar after authorities intervened in foreign exchange markets for the second time, pushing the USD/JPY pai
Authorities intervened during thin holiday markets, adding to $35 billion spent on April 30 to support the yen. Japan intervened in currency markets during early May holidays, spending up to JPY5 trillion or $32 billion between May 1 and May 6. The move followed a $35 bill
Japan intervened in forex markets, spending $67 billion Japan intervened in forex markets during early May holidays and on April 30, spending around $67 billion to support the yen. The intervention was deliberately timed to coincide with the holiday period when market
The US Dollar Index declines after geopolitical risks subside, reversing earlier gains in Asian trading. The US Dollar Index (DXY) retreated toward 98.00 on Tuesday, paring gains after US-Iran tensions showed signs of de-escalation. The index, which tracks the USD against
US Dollar Index declines after Iran-Israel hostilities subside, boosting risk sentiment and weighing on the safe-haven USD. The US Dollar Index (DXY) retreated toward 98.00 on Friday, reversing earlier gains near 98.20 during Asian trading. The decline follows statements f
XAG/USD recovers from sub-$78.00 levels, trading above key moving averages and Fibonacci retracement levels with strong momentum. Silver (XAG/USD) reversed early losses during the Asian session, climbing back above the $80.00 mark after dipping below $78.00. The move halts
The currency pair climbs as Middle East tensions ease, reducing demand for the safe-haven USD ahead of key US employment data. The GBP/USD pair advanced to 1.3560 in Asian trading on Friday, supported by optimism over a potential Iran truce. Reduced geopolitical risks in t
Optimism over a potential US-Iran ceasefire weakens the USD, lifting the GBP/USD pair before key April nonfarm payrolls data. The GBP/USD pair climbed to 1.3560 in Asian trading Friday, supported by fading demand for the USD as a safe-haven asset. Reports of a potential US
The Australian dollar remains supported near 0.7200 against the USD, balancing geopolitical risks and upcoming US nonfarm payrolls data. The AUD/USD pair stabilized above the 0.7200 level during Friday’s Asian trading session, failing to extend gains despite support at tha
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