AUD/USD steadies near 0.6950 as geopolitics drive USD demand

AUD/USD steadies near 0.6950 as geopolitics drive USD demand

The Australian Dollar begins Thursday’s session with minuscule gains of 0.04%, after posting losses of 0.68% on Wednesday, courtesy of broad US Dollar strength, despite improved risk appetite. At the time of writing, the AUD/USD trades at 0.6950. Aussie pares losses after softer Australian inflation, but broad US Dollar strength keeps upside limited Geopolitics are […]

NZD/USD hovers near 0.5800 as firm USD and geopolitical tensions cap upside

NZD/USD hovers near 0.5800 as firm USD and geopolitical tensions cap upside

The NZD/USD pair fell to the 0.5800 region, remaining under pressure as the US Dollar (USD) stays firm amid geopolitical uncertainty and elevated yields. The Greenback continues to draw support from rate differentials and safe-haven demand, particularly as uncertainty resurfaced after Iran signaled reluctance to engage with the United States (US), keeping markets cautious and […]

US Dollar extends advance but stalls near 159.50

US Dollar extends advance but stalls near 159.50

USD/JPY registers back-to-back bullish days on Wednesday after testing key support at the 20-day Simple Moving Average (SMA) around 158.24 on Monday, yet it remains shy of clearing the key weekly high of 159.65 hit on Monday. At the time of writing, the pair trades at 159.27, up 0.36%. USD/JPY Price Forecast: Technical Outlook The […]