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NZD/USD stays neutral ahead of RBNZ decision as geopolitical risks and policy outlook weigh
The NZD/USD pair is trading near the 0.5720 region on Wednesday, holding a neutral tone as the US Dollar (USD) remains supported by safe-haven demand while traders brace for the Reserve Bank of New Zealand (RBNZ) monetary policy decision.
Fxstreet
Tue, Apr 7
AUD/USD edges higher as ceasefire hopes lift risk appetite ahead of deadline
AUD/USD rose around 0.4% on Tuesday, recovering from early session lows near 0.6900 to trade close to 0.6950. The pair pushed briefly toward the 0.6980 area during the session, its highest level in over a week, as ceasefire optimism fueled a broad improvement in risk sentiment.
Fxstreet
Tue, Apr 7
USD/CHF Price Analysis: Faces stiff resistance, retreats below 0.8000
USD/CHF trims some of its earlier gains as the market mood improved on a Reuters headline that a Senior Iranian official said Tehran is reviewing positively Pakistan’s two-week ceasefire proposal, which pushed US equities higher.
Fxstreet
Tue, Apr 7
AUD/USD Price Forecast: Bulls test 0.6950 resistance after rebound from 100-day SMA
The Australian Dollar (AUD) strengthens against the US Dollar (USD) on Tuesday as the Greenback softens amid fragile market sentiment ahead of a deadline set by US President Donald Trump for Iran to reach a deal or reopen the Strait of Hormuz by 8:00 p.m. Eastern Time (00:00 GMT on Wednesday).Fxstreet
Tue, Apr 7
GBP/USD climbs as ceasefire hopes in the Mid-East battle fresh fears
The Pound Sterling rose by over 0.20% on Tuesday amid speculation of a ceasefire agreement, but newswires revealed that the chances of a deal are far, increasing the likelihood of an US attack as Trump’s deadline approaches. The GBP/USD trades at 1.3241, still above its opening price.
Fxstreet
Tue, Apr 7
GBP/JPY edges higher as rising Oil prices weigh on Japan’s economic outlook
The British Pound (GBP) trades with a mild upside bias against the Japanese Yen (JPY) on Tuesday, as elevated Oil prices stemming from the ongoing US-Iran war weigh heavily on Japan’s economic outlook, keeping the Yen on the defensive against most major peers.
Fxstreet
Tue, Apr 7
Silver Price Forecasts: XAG/USD drifts below $72 with all eyes on Iran’s war
Silver (XAG/USD) is showing a mild bearish momentum on Tuesday’s European trading session, with the reversal from Monday's high, at 81.13, extending to levels below $72.00, amid vanishing hopes of a peace deal in Iran.
Fxstreet
Tue, Apr 7
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