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USD/JPY approaches 157.00 after falling to 155.70 on likely Yen intervention
The US Dollar (USD) pares previous losses against the Japanese Yen (JPY) ahead of the European session opening on Monday. The pair is trading at the 156.80 area at the time of writing after dropping about 150 pips in a matter of minutes during the Asian session, hitting session lows near 155.70.
USD/JPY
Fxstreet
Mon, May 4
AUD/USD: RBA hike expectations support pair – Commerzbank
Commerzbank strategists note AUD/USD held at 0.7200 on Friday and gained modestly over the week as markets price further Reserve Bank of Australia (RBA) tightening. Overnight index swaps imply a high probability of a third consecutive 25 bp hike to 4.35% and additional tightening by year-end.
AUD/USD
Fxstreet
Mon, May 4
Pound Sterling advances on BoE hawkish hold while Hormuz tensions cap gains
The GBP/USD pair gathers strength around 1.3600 during the early European session on Monday. Signals from the Bank of England (BoE) that suggest a potential shift toward higher interest rates later this year underpin the Pound Sterling (GBP) against the US Dollar (USD).
GBP/USD
Fxstreet
Mon, May 4
EUR/JPY Price Forecast: Trades near 184.00 after trimming latest losses
EUR/JPY holds losses after paring its daily losses, trading around 183.90 during the Asian hours on Monday. The technical analysis of the daily chart indicates the currency cross maintains a bearish near-term bias as spot holds beneath both the 50-day and nine-day Exponential Moving Averages (EMAs)
EUR/JPY
Fxstreet
Mon, May 4
EUR/USD Price Forecast: Holds above 1.1700 as bullish potential seems intact
The EUR/USD pair attracts some intraday sellers following a modest Asian session uptick to mid-1.1700s and fills a major part of a bullish gap at the start of a new week.
EUR/USD
Fxstreet
Mon, May 4
USD/CHF slips to near 0.7800 as safe-haven demand weighs on US Dollar
USD/CHF depreciates after registering slight gains the previous day, trading around 0.7810 during Asian hours on Monday. The pair struggles as the US Dollar (USD) declines amid easing safe-haven demand, with traders assessing progress in US–Iran peace negotiations.
USD/CHF
Fxstreet
Mon, May 4
AUD/JPY Price Forecast: Weakens below 113.00, while broader uptrend remains intact
The AUD/JPY cross loses ground near 112.95 during the early European session on Monday. The Australian Dollar (AUD) softens against the Japanese Yen (JPY) as uncertainty surrounding Middle East tensions and the closure of the Strait of Hormuz boosts safe-haven assets.
AUD/JPY
Fxstreet
Mon, May 4
Indian Rupee inches higherahead of HSBC Manufacturing PMI, state election results
USD/INR loses ground after registering modest gains in the previous trading day, hovering around 94.90 during the Asian hours on Monday. Traders evaluate progress in the United States (US)–Iran peace negotiations.
Fxstreet
Mon, May 4
AUD/USD Price Forecast: Consolidates above 0.7200, highest since June 2022 ahead of RBA
The AUD/USD pair enters a bullish consolidation phase at the start of a new week and holds steady above the 0.7200 mark, near its highest level since June 2022, touched on Friday.
AUD/USD
Fxstreet
Mon, May 4
Silver Price Forecast: XAG/USD slips below $75.50 due to easing safe-haven demand
Silver price (XAG/USD) declines after opening at a gap up, but remains in the positive territory and trades around $75.40 per troy ounce during the Asian hours on Monday.
Silver
Fxstreet
Mon, May 4
NZD/USD approaches 0.5925 hurdle as Iran tensions loom ahead of NZ and US jobs data
The NZD/USD pair attracts some dip-buyers at the start of a new week and climbs back above the 0.5900 mark during the Asian session.
NZD/USD
Fxstreet
Mon, May 4
Canadian Dollar remains subdued amid lower oil prices
USD/CAD inches higher for the second successive day, trading around 1.3590 during the Asian hours on Monday. The pair remains stronger as the commodity-linked Canadian Dollar (CAD) faces challenges amid lower oil prices.
USD/CAD
Brent
Fxstreet
Mon, May 4
Pound Sterling edges higher despite Middle East uncertainty
The GBP/USD pair posts modest gains near 1.3580 during the Asian trading hours on Monday. Nonetheless, the potential upside for the major pair might be limited amid Middle East uncertainty. The US employment report for April will take center stage later on Friday.
GBP/USD
Fxstreet
Mon, May 4
EUR/USD falls to near 1.1700 as US to raise tariffs on EU vehicles
EUR/USD depreciates after opening at the bullish gap, remaining in the positive territory and trading around 1.1720 during the Asian hours on Monday.
EUR/USD
Fxstreet
Mon, May 4
USD/JPY consolidates near 157.00 as Iran tensions counter suspected JPY intervention
The USD/JPY pair attracts some dip-buyers following a modest Asian session downtick to the 156.60 region on Monday.
USD/JPY
Fxstreet
Mon, May 4
Australian Dollar gathers strength on RBA rate hike expectations, Hormuz tensions simmer
AUD/USD gains traction to around 0.7215 during the early Asian session on Monday. The Australian Dollar (AUD) edges higher against the US Dollar (USD) as traders anticipate a rate hike from the Reserve Bank of Australia (RBA) on Tuesday.
AUD/USD
Fxstreet
Sun, May 3
USD/CAD steadies as weekly slide extends on Loonie strength
USD/CAD edged higher by less than 0.1% on Friday, recovering from an early-session low near 1.3560 to trade around 1.3590.
USD/CAD
Fxstreet
Fri, May 1
EUR/USD trims gains as fresh Trump tariff threats, Iran woes lift USD
The EUR/USD pair is trading near the 1.1730 level on Friday's late American session, trimming almost all its intraday gains, after United States (US) President Donald Trump threatened to raise the tariff rate on European Union (EU) cars and trucks from 15% to 25% and said he isn't happy with the lat
EUR/USD
Fxstreet
Fri, May 1
USD/JPY steadies after Japan’s intervention checks Yen slide
USD/JPY turns flat in the day after diving to a daily low of 155.48 during Friday’s session, in the aftermath of two straight days of Japanese authorities intervening in the FX markets to strengthen the Yen, which had weakened past the 160.00 figure. The pair trades at 156.67, flattish.
USD/JPY
Fxstreet
Fri, May 1
EUR/USD edges higher as US-Iran headlines weigh on the US Dollar
EUR/USD edges higher on Friday as fresh geopolitical developments surrounding the US-Iran war weigh on the US Dollar (USD) and support the Euro (EUR). At the time of writing, the pair is trading around 1.1768, hovering near its highest level in over a week.
EUR/USD
US Dollar Index
Fxstreet
Fri, May 1
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