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NZD/USD weakens after US-Iran talks collapse, Oil jump boosts Fed hawks
NZD/USD moves lower at the start of the week and trades around 0.5830 on Monday at the time of writing, down 0.15% on the day after the failure of negotiations between the United States (US) and Iran over the weekend.
Fxstreet
Mon, Apr 13
USD/CHF treads water around 0.7900 with markets awaiting news from Iran
The US Dollar (USD) is giving away previous gains against the Swiss Franc (CHF), as the pair remains trapped within a roughly 70-pip range around 0.7900 on Monday, with upside attempts capped below the 0.7925-0.7930 area.
Fxstreet
Mon, Apr 13
EUR/HUF drops to February 2024 lows as Hungary election lifts Forint
EUR/HUF falls sharply on Monday, with the Euro (EUR) weakening against the Hungarian Forint (HUF) as the cross slides to its lowest level since February 2024. The Forint strengthens across the board after a landslide election victory by opposition leader Péter Magyar boosts investor confidence.
Fxstreet
Mon, Apr 13
USD/JPY: Rapid rise targets 160.00 cap – UOB
United Overseas Bank (UOB) economists Quek Ser Leang and Lee Sue Ann notes that USD/JPY has surged on the open after a quiet Friday, with short-term momentum now strong enough to challenge the 160.00 handle, though 160.50 is seen as tough resistance.Fxstreet
Mon, Apr 13
Australian Dollar trades mixed on renewed Middle East conflicts, job data awaited
The Australian Dollar (AUD) demonstrates a mixed performance against its major currency peers, still trading 0.2% lower to near 0.7050 against the US Dollar (USD) during the European trading session on Monday, even after recovering a major chunk of its opening losses.Fxstreet
Mon, Apr 13
EUR/USD holds near 1.1700 despite the deteriorated market sentiment
The (EUR) retreated from last week’s highs near 1.1740 against the US Dollar (USD) on Monday, but so far is holding well in the upper 1.1600s. The pair is trading at 1.1685 at the time of writing, having been supported at 1.1670 earlier in the day.
Fxstreet
Mon, Apr 13
NZD/USD Price Forecast: Stays near 0.5850 after rebounding from levels near nine-day EMA
NZD/USD rises after opening at a gap down, trading around 0.5830 during the Asian hours on Monday. The technical analysis of the daily chart signals a potential for a bullish bias as the pair remains within the emerging ascending channel pattern.Fxstreet
Mon, Apr 13
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