Broadening gains persist in 2026 – HSBC
HSBC economists argue Emerging Markets (EM) remain well positioned in 2026 as the US Dollar (USD) weakens and global policy easing supports a broadening of returns beyond US mega-cap tech. They highlight EM exposure to the tech and AI theme via South Korea and Taiwan, plus valuation discounts and under-allocation that could benefit from a […]
Australian Dollar surges as traders await US CPI, Trump rejects Iran deal
AUD/USD surges toward the 0.7260 region on Monday, supported by improving demand for commodity-linked currencies despite renewed geopolitical tensions after United States (US) President Donald Trump rejected Iran’s latest peace proposal, calling it “totally unacceptable.” The rejection of the proposal revived concerns about a prolonged conflict in the Middle East and about extended disruptions to […]
Intervention support and rate path – Rabobank
Rabobank’s Senior FX Strategist Jane Foley discusses the Japanese Yen (JPY), noting that expected endorsement from the United States (US) Treasury for recent Ministry of Finance (MoF) FX intervention should support the currency in the near term. However, Foley argues USD/JPY will only convincingly move lower if Japan’s fundamentals strengthen further and the Bank of […]
Japanese Yen extends losses despite looming intervention risks
The US Dollar (USD) appreciates against the Japanese Yen (JPY) on Monday, retracing Friday’s losses and returning to levels above 157.00 at the time of writing. The jump in Oil prices after US President Donald Trump’s rejection of Iran’s peace proposal is underpinning the US Dollar’s recovery, with risks of a Tokyo intervention still alive. […]
Flat lines below 1.3700, while remaining below key 100-day EMA
The USD/CAD pair trades on a flat note around 1.3675 during the early European trading hours on Monday. The US April Nonfarm Payrolls (NFP) report exceeded expectations, which could provide some support for the US Dollar (USD) against the Canadian Dollar (CAD). The US economy added 115,000 jobs in April, versus the 185,000 increase (revised […]
USD/CHF jumps to near 0.7785 as hopes of US-Iran truce in near term fades
The USD/CHF pair holds opening gains around 0.7785 during the Asian trading session on Monday. The Swiss Franc pair reflects strength as the US Dollar (USD) outperforms its peers amid the return of the risk-off impulse due to diminished hopes of an immediate breakthrough in negotiations between the United States (US) and Iran. US Dollar […]
EUR/USD edges lower to near 1.1750 as Trump rejects new Iran peace offer
The EUR/USD pair loses momentum to around 1.1765 during the early Asian session on Monday. The Euro (EUR) softens against the US Dollar (USD) amid a cautious mood after US President Donald Trump and Iran rejected each other’s latest peace proposals to end the war in the Middle East. Bloomberg reported on Sunday that Trump […]
Gold swells as Middle East peace hopes hit the US Dollar
Gold (XAU/USD) rises some 0.75% on Friday as financial markets remain optimistic about a possible end to the Middle East conflict, which could potentially drive Oil prices lower and ease inflationary pressures. At the time of writing, the XAU/USD pair trades at $4,711 after bouncing off daily lows of $4,673. XAU/USD climbs as falling yields […]
USD/JPY slides toward 156.60 as safe-haven Yen gains on Middle East tensions
The USD/JPY pair fell toward the 156.60 region on Friday, as the Japanese Yen (JPY) gained modest support from safe-haven flows despite resilient United States (US) labor-market data limiting broader downside pressure on the US Dollar (USD). Market sentiment turned cautious after Fox News reported that the US military carried out additional airstrikes targeting several […]
Iran submits proposal to end war in current negotiation phase
Iran has sent its response to the United States (US) proposal via Pakistan on Sunday, according to the Islamic Republic News Agency (IRNA). Sources familiar with the matter and as reported by Reuters, the current efforts are aimed at a temporary memorandum of understanding to halt the war and allow traffic through the Strait of […]
