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NZD/USD Price Forecast: Extends gains past 0.5850, hinting at a trend shift
The New Zealand Dollar (NZD) resumes its immediate bullish trend and appreciates against the US Dollar on Monday. The NZD/USD pair trades near 10-day highs above 0.5850 at the time of writing, fuelled by an improved market sentiment, following a peace deal between the US and Iran.
NZD/USD
Fxstreet
Mon, Jun 15
Swiss Franc edges higher on US–Iran peace deal
The USD/CHF pair slumps to near 0.7930, the lowest since June 5, during the early European trading hours on Monday. The US Dollar (USD) weakens against the Swiss Franc (CHF) after the US and Iran announced a framework deal for peace.
USD/CHF
Fxstreet
Mon, Jun 15
GBP/USD Price Forecast: US-Iran reaches deal supports advance beyond 20-day EMA
The GBP/USD pair trades 0.35% higher to near 1.3460 during the late Asian trading session on Monday. The Cable extends its week-long advance as market sentiment improves further, following the announcement that the United States (US) and Iran have reached a deal.
GBP/USD
Fxstreet
Mon, Jun 15
Euro climbs above 1.1600 on US–Iran peace breakthrough
The EUR/USD pair gains traction to near 1.1610 during the early European trading hours on Monday. The reports that the US and Iran have reached a deal to reopen the Strait of Hormuz improved risk sentiment, supporting the Euro (EUR) against the US Dollar (USD).
EUR/USD
Fxstreet
Mon, Jun 15
Indian Rupee surges as oil prices nosedive on US-Iran MoU finalization
The Indian Rupee (INR) opens strongly against the US Dollar (USD) at the start of the week. The USD/INR pair plunges to near 94.60 as oil prices have nosedived, following the announcement that the United States (US) and Iran have reached a permanent peace deal.
Brent
Fxstreet
Mon, Jun 15
Australian Dollar strengthens on risk-on mood
AUD/USD gains around 0.5% after registering minor losses in the previous day, trading around 0.7080 during the Asian hours on Monday.
AUD/USD
Fxstreet
Mon, Jun 15
AUD/JPY Price Forecast: Strengthens above 113.00, positive tone remains intact
The AUD/JPY cross trades in positive territory around 113.35 during the early European session on Monday. The reports that the United States (US) had agreed to a peace deal with Iran provide some support to the riskier assets, such as the Australian Dollar (AUD) against the Japanese Yen (JPY).
AUD/JPY
Fxstreet
Mon, Jun 15
New Zealand Dollar gains on easing risk aversion
NZD/USD gains ground after registering minor losses in the previous day, trading around 0.5850 during the Asian hours on Monday. The pair remains stronger as the New Zealand Dollar (NZD) holds ground following the release of domestic economic data.
NZD/USD
Fxstreet
Mon, Jun 15
Japanese Yen flatlines on US-Iran deal, BoJ rate hike expectations
The USD/JPY pair trades on a flat note near 160.20 during the Asian trading hours on Monday. The US Dollar (USD) softens against the Japanese Yen (JPY) after reports that the United States (US) had agreed to a peace deal with Iran.
USD/JPY
Fxstreet
Mon, Jun 15
Canadian Dollar rises as US Dollar declines on fading safe-haven demand
USD/CAD depreciates after two days of gains, trading around 1.3970 during the Asian hours on Monday. The currency pair is under downward pressure as the US Dollar declines broadly, driven by a sharp reduction in market risk aversion.
USD/CAD
Brent
Fxstreet
Mon, Jun 15
South Korea Trade Balance increased to $27.04B in May from previous $26.94B
South Korea Trade Balance increased to $27.04B in May from previous $26.94B
Fxstreet
Mon, Jun 15
Euro advances as US-Iran peace deal weighs on US Dollar
EUR/USD rises after registering minor losses in the previous day, trading around 1.1610 during the Asian hours on Monday.
EUR/USD
Fxstreet
Mon, Jun 15
Australian Dollar advances above 0.7050 as US and Iran announce a peace deal
The AUD/USD pair gathers strength to around 0.7075 during the early Asian session on Monday.
AUD/USD
Fxstreet
Sun, Jun 14
South Korean Won: Authorities step up FX stabilisation push – Societe Generale
Societe Generale highlights that South Korean authorities have launched a multi-pronged FX stabilisation package to address short-term USD funding stress and speculative pressures on the Korean Won.
Fxstreet
Fri, Jun 12
USD/CAD Price Forecast: RSI enters overbought territory as bears defend 1.4000
USD/CAD trades on the front foot on Friday as lower Oil prices weigh on the commodity-linked Canadian Dollar (CAD) amid cautious optimism that the United States (US) and Iran could reach an agreement that would reopen the Strait of Hormuz.
USD/CAD
Brent
Fxstreet
Fri, Jun 12
Japanese Yen: Weakness raises intervention concerns – Scotiabank
Scotiabank strategists Shaun Osborne and Eric Theoret report USD/JPY is steady but elevated, with recent gains already surpassing prior intervention-trigger levels. A 25 bps Bank of Japan (BoJ) hike on Tuesday is widely anticipated, and markets price nearly one more increase by December.
USD/JPY
Fxstreet
Fri, Jun 12
Euro holds steady against the US Dollar as markets await clarity on a possible US-Iran peace deal
EUR/USD fluctuates between modest gains and losses heading into the weekend as traders await Tehran's decision on a possible agreement with the United States (US) to end the war in the Middle East. At the time of writing, the pair trades around 1.1573 and is on track to post modest weekly gains.
EUR/USD
Fxstreet
Fri, Jun 12
Japanese Yen holds as traders switch focus to BoJ hike and Warsh’s first Fed meeting
The USD/JPY pair trades near the 160.20 region on Friday as the Japanese Yen (JPY) remains slightly under pressure, while investors prepare for a key central bank week featuring the Bank of Japan's (BoJ) policy decision and Kevin Warsh’s first Federal Reserve (Fed) meeting as Chair.
USD/JPY
Fxstreet
Fri, Jun 12
British Pound stalls as UK GDP shrinks, diplomacy boosts risk mood
The Pound Sterling turned negative on Friday against the US Dollar after data from the UK showed the economy contracted in April, while an agreement between the US and Iran improved risk appetite. Yet the Greenback erased its earlier losses and traded above its opening price.
GBP/USD
Fxstreet
Fri, Jun 12
Euro supported by hawkish ECB rhetoric as British Pound struggles after weak GDP
EUR/GBP holds firm on Friday, with the Euro (EUR) modestly outperforming the British Pound (GBP) as weak UK Gross Domestic Product (GDP) data reinforced signs of a slowing economy. At the time of writing, the cross trades around 0.8633, up from an intraday low of 0.8625.
EUR/GBP
Fxstreet
Fri, Jun 12
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