Search
News
British Pound Sterling's peace rally round-trips ahead of the Fed
GBP/USD opened the new week with a sharp risk-on pop toward 1.3450 as a US-Iran ceasefire and the reopening of the Strait of Hormuz sent Crude Oil tumbling and lifted risk-sensitive currencies. The entire move then unwound, leaving the pair back near 1.3400, almost exactly where it started.
Fxstreet
Mon, Jun 15
The Bank of Japan can't save the Japanese Yen
USD/JPY is grinding into the Bank of Japan's (BoJ) June meeting above the 160.00 handle, a whisker from multi-decade highs, while the central bank meant to defend the Yen prepares to raise rates to a three-decade high without lifting the currency at all.Fxstreet
Mon, Jun 15
Australian Dollar advances as Hormuz breakthrough sinks USD and Oil
The Australian Dollar registered gains of over 0.37% on Monday as the US and Iran agreed on a Memorandum of Understanding (MOU) aimed at ending the conflict and setting the stage for talks about Tehran’s nuclear program.
Fxstreet
Mon, Jun 15
USD/CHF Price Forecast: Retreats as inverted head-and-shoulders remains intact
USD/CHF retreats by over 0.34% on Monday amid most G8 FX currencies appreciating against the US Dollar as the Middle East conflict eases following the US and Iran agreeing to a peace deal. The pair trades at 0.7943, after reaching a high of 0.7968.
Fxstreet
Mon, Jun 15
Australian Dollar rebounds as softer US Dollar supports risk sentiment
The AUD/USD pair rebounds near the 0.7080 region on Monday amid improved risk sentiment following reports of a preliminary United States (US)-Iran peace agreement. At the time of writing, the Australian Dollar (AUD) rises 0.46% against the US Dollar (USD), hitting its highest level in a week.Fxstreet
Mon, Jun 15
Euro holds firm as traders assess US-Iran peace deal, Fed decision looms
EUR/USD holds firm on Monday as the US-Iran peace deal boosts risk appetite, reducing safe-haven demand for the US Dollar (USD). At the time of writing, the pair trades around 1.1598 after hitting an intraday high of 1.1662.
Fxstreet
Mon, Jun 15
New Zealand Dollar rises on US-Iran de-escalation ahead of Fed decision
NZD/USD trades around 0.5840 at the time of writing on Monday, up 0.17% on the day. The pair benefits from broad-based US Dollar (USD) weakness as markets welcome news of a framework agreement between the United States (US) and Iran aimed at ending the conflict between the two countries.Fxstreet
Mon, Jun 15
Swiss Franc gains as US-Iran peace deal dents safe-haven demand for the US Dollar
The Swiss Franc (CHF) strengthens against the US Dollar (USD) on Monday as the Greenback's safe-haven demand fades after the United States and Iran reached a peace agreement aimed at ending the war in the Middle East. At the time of writing, USD/CHF trades around 0.7923, down 0.60% on the day.Fxstreet
Mon, Jun 15
Japanese Yen: Risk flows and policy focus – BNY
BNY’s Bob Savage notes that the Japanese Yen is in focus as FX markets react to geopolitical de-escalation and shifting risk sentiment. The reopening of the Strait of Hormuz has supported risk assets, but investors remain attentive to policy divergence involving JPY, KRW and USD.Fxstreet
Mon, Jun 15
Euro: Gradual upside path outlined – Rabobank
Rabobank’s FX Strategy team at RaboResearch Global Economics & Markets discusses how the Dollar initially benefited from safe haven flows during the Iran war, but has since softened as a ceasefire memorandum eased market tensions and tempered Fed hike expectations.Fxstreet
Mon, Jun 15
USD/JPY Price Forecast: Yen underperforms amid BoJ rate outlook uncertainty
The Japanese Yen (JPY) trades lower against its major currency peers during the European trading session on Monday, while the USD/JPY pair is marginally lower at around 160.15 after recovering its early losses.Fxstreet
Mon, Jun 15
Featured Tools
Top News
US Stocks Close: Dow Drops Over 600 Points, Some Tech Stocks Rebound, CrowdStrike Gains Over 8%
Micron Stock Price Forecast: MU Tumbles Over 6% Nearing $850, Risks Further Drop to $800
Today’s Market Recap: Nasdaq Drops 2.60%, Meta Slumps 7%, Oil Surges Past $113, Gold Plunges Toward $4,000
Bloom Energy Q3 Revenue Up 138% YoY, EPS Swings to Profit, But Shares Tumble 7% After Hours
US Stocks Close: Nasdaq Drops 2.6%, SOX Falls Over 6%; Jensen Huang's Remarks on Capital Shortage Spark Financing Concerns, Meta Drops 7% After Earnings
