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GBP/USD steady above 1.32 after ISM miss weighs on the US Dollar
GBP/USD traded flat on Monday, settling close to 1.3240 in a thin session with the UK on Easter Monday holiday. The pair bounced modestly from last week's low near 1.3180, which marked the weakest level since mid-March, but the recovery has so far been shallow.
Fxstreet
Mon, Apr 6
AUD/USD rises toward 0.6920 as sentiment improves, Iran wary
The Australian Dollar rallied by over 0.50% amid an improvement in risk appetite, though gains were capped by Iran’s rejection of a ceasefire deal, pushing traders to trim long positions in the AUD/USD pair. At the time of writing, the pair trades at 0.6918, still above its opening price.
Fxstreet
Mon, Apr 6
Silver trades sideways as US-Iran war tensions and technical barriers weigh on XAG/USD
Silver (XAG/USD) trades in a narrow range on Monday as geopolitical tensions in the Middle East keep markets on edge, while traders refrain from placing aggressive directional bets amid conflicting headlines over efforts to end the US-Iran war.
Fxstreet
Mon, Apr 6
GBP/USD climbs above 1.3240 as Iran hopes dent US Dollar
The British Pound advanced by over 0.40% on Monday as US President Donald Trump extended Iran’s ultimatum until April 7, while rumours of a possible de-escalation weighed on the American Dollar. The GBP/USD trades around the 1.3240 figure at the time of writing.Fxstreet
Mon, Apr 6
USD/CAD edges lower as shifting US-Iran headlines keep markets cautious
The Canadian Dollar (CAD) gains traction against the US Dollar (USD) on Monday as traders react to evolving geopolitical developments in the US-Iran war. At the time of writing, USD/CAD is trading around 1.1315, hovering near four-month highs.
Fxstreet
Mon, Apr 6
USD/JPY eases as US-Iran ceasefire talks weigh on US Dollar, ISM PMI softens
USD/JPY trades with a slightly softer tone on Monday as the Japanese Yen (JPY) finds modest support as the US Dollar (USD) weakens broadly, with traders assessing fresh geopolitical developments, including reports of potential ceasefire talks between the United States and Iran.Fxstreet
Mon, Apr 6
EUR/GBP Price Forecast: Supported by converging SMAs but capped below 0.8750
EUR/GBP trades with a negative bias on Monday as diplomatic efforts to end the US-Iran war lift market sentiment and support risk-sensitive currencies, with the British Pound (GBP) relatively outperforming the Euro (EUR).
Fxstreet
Mon, Apr 6
AUD/USD Price Forecast: Jumps to near 0.6930 ahead of Iran’s response to US ceasefire
The AUD/USD pair trades 0.5% higher to near 0.6930 during the European trading session on Monday. The Aussie pair strengthens as riskier assets trade firmly amid ongoing discussions between the United States (US) and Iran regarding an end to the Middle East war.Fxstreet
Mon, Apr 6
Canadian Dollar strengthens as US-Iran ceasefire talks weigh on US Dollar
USD/CAD depreciates as the US Dollar (USD) eases amid improved market sentiment following the reports, suggesting prospects for a ceasefire in the Middle East. The pair trades around 1.3920 during the European hours on Monday.Fxstreet
Mon, Apr 6
USD/JPY eases to 159.40 amid hopes of a peace deal in Iran
The US Dollar (USD) nudges lower against the Japanese Yen (JPY) on Monday, with trading volumes at low levels as most markets remain closed on Easter Monday. The pair hit session lows at 159.35 on the early European session, as hopes of a peace deal in Iran are putting the US Dollar under pressure.Fxstreet
Mon, Apr 6
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