AUD/USD surges in anticipation of Australian jobs data The AUD/USD commodity currency pair surged for three consecutive days in anticipation of Australia's unemployment rate data, crucial for the RBA's monetary policy. The AUD/USD pair rose to a ...

What happen in the market today?

The USD weakened for about seven consecutive days, as expectations for a de-escalation in the Middle East appeared to increase, despite the failure of a deal between the US and Iran. However, reports of a potential meeting have raised hopes of ...

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EUR/USD has been bullish for 7 consecutive days. The EUR/USD pair, amid geopolitical dynamics and ongoing attacks in the Middle East, remains vulnerable to further moves and is the main driver of market movements. The EUR/USD pair has risen to ...

What happen in the market today?

The failure of the US-Iran ceasefire increased demand for safe-haven assets, particularly the US dollar, which put pressure on the euro. Concerns about rising energy prices have not supported the euro, as the eurozone is a net energy importer, which ...

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GBP/JPY Hits Four-Month High The GBP/JPY cross currency pair has shown bullish sentiment over the past two weeks. The price has now reached a four-month high of 215,336. The conflict in the Middle East is a significant factor because Japan is ...

What happen in the market today?

The failure of US and Iranian weapons has increased investor interest in safe-haven assets like US dollars or US bonds. The increased demand for the dollar tends to push the EURUSD down. The DXY gapped higher from last week's close. The market ...

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Oil prices are under the shadow of a risk premium due to geopolitical tensions. WTI oil prices could exhibit extreme volatility driven by the escalation of military conflict in the Middle East. The market is currently operating under a very high ...

What happen in the market today?

The EURUSD pair has been moving sideways in recent hours. The ceasefire between the US and Iran remains fragile and vulnerable to violations, so the DXY may fluctuate ahead of today's CPI data release.

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Gold Prices Rise Amid Fragile Ceasefire Gold prices are attempting to recover after a correction amidst the fragile US-Iran ceasefire. Gold prices are currently around $4,770, rising from a low of $4,698. The situation in the Middle East, ...

What happen in the market today?

The two-week US-Iran ceasefire caused the USD to weaken sharply, and the DXY plunged with a gap down. The EURUSD pair surged and is currently near the lower band, having pulled back somewhat after its recent rally. Today, we await several US ...

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AUDUSD surges amid reports of a two-week ceasefire between the US and Iran The Australian dollar rose for three consecutive days, reflecting a risk-on market sentiment amid reports of a two-week ceasefire between the US and Iran. The AUDUSD surged ...

What happen in the market today?

The DXY plummeted with a wide gap down to 98,923. It appears Trump's announcement of a two-week temporary ceasefire is taking effect. The USD weakened in response to the rumors, including against the euro.

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NZD/USD Rises Ahead of RBNZ Decision The NZD/USD commodity currency pair has risen for two days, attempting to recover from the prolonged USD pressure of the past two months. NZD/USD is currently hovering around 0.57286, attempting to recover from a ...

What happen in the market today?

There is a positive development in Iran's acceptance of the US ceasefire proposal. If this news is true, it could increase risk appetite, with investors moving away from the USD and favoring other currencies, including the Euro.

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USD/CAD trades near 4-month high Yesterday, USD/CAD fell, drawing a bearish candle after the previous day's bullish one. The current price is around 1.39146, down from a high of 1.39479. Over the week, the USD/CAD movement has tended to be a strong ...

What happen in the market today?

The Middle East war remains a hot topic that could impact the USD's performance. The DXY is currently hovering around 100. Meanwhile, the eurozone is experiencing an increase in inflation to around 2.5% due to a surge in energy prices.

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WTI oil prices surge due to the ongoing US-Iran conflict Oil prices surged on Friday, April 3rd, by around $10 per barrel due to the ongoing US-Iran conflict. The Strait of Hormuz, which supplies 20% of the global supply, remains disrupted. The risk ...

What happen in the market today?

Today, we await the release of the NFP data, which could trigger volatility. The Middle East war remains a focus, with the possibility of escalation if a US ground invasion were to occur, potentially leading to further casualties.

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USD/JPY Rises Ahead of NFP Data, Wary of Japanese Intervention The USD/JPY currency pair rose sharply from a low of 158.275 to a high of 159.745. Today, the USD/JPY has the potential for high volatility as it coincides with the release of crucial US ...

What happen in the market today?

The US dollar index fell to a low of 99.298 yesterday, then recovered to 99.952. If oil prices fall, the euro is expected to strengthen as inflation concerns stemming from surging energy prices ease. Meanwhile, expectations that the Fed will ...

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