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Canadian Dollar declines despite rising oil prices
USD/CAD edges higher after registering modest losses in the previous day, trading around 1.3930 during the Asian hours on Tuesday. The pair appreciates as the US Dollar (USD) gains ground amid increased risk aversion, which could be attributed to the Middle East peace truce uncertainty.
Australian Dollar steadies as traders brace for Trump’s Iran deadline
AUD/USD steadies after registering modest gains in the previous trading day, hovering around 0.6920 during the Asian hours on Tuesday. The pair shows limited movement following the release of Australia’s S&P Global Purchasing Managers’ Index (PMI) data.
Fxstreet
Tue, Apr 7
EUR/USD steadies below 1.1550 with Iran tensions in focus
The EUR/USD pair flat lines around 1.1540 during the early Asian session on Tuesday. The major pair steadies as traders monitor US President Donald Trump's deadline regarding the Strait of Hormuz. The US Durable Goods Orders and ADP Employment reports are due later on Tuesday.
Fxstreet
Tue, Apr 7
GBP/JPY Price Forecast: Stalls below 211.50 on haven demand
GBP/JPY consolidates above the 211.00 figure yet remains unable to crack key resistance at the 211.50 psychological level due to an improvement in risk appetite, along with the 50-day Simple Moving Average (SMA) at 211.26 acting as a magnet.
Fxstreet
Mon, Apr 6
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
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