GBP/JPY climbs above two-week range as Yen weakens, Bailey testimony eyed
The British Pound (GBP) strengthens against the Japanese Yen (JPY) on Tuesday as the yen weakens broadly after reports that Japan’s Prime Minister Sanae Takaichi raised concerns about further interest rate hikes in a meeting with Bank of Japan (BoJ) Governor Kazuo Ueda last week. At the time of writing, GBP/JPY trades near 210.45, breaking […]
EUR/USD trades flat near 1.1780 even as US Dollar trades firmly
The EUR/USD pair trades in a tight range around 1.1780 during the European trading session on Tuesday. The major currency pair consolidates even as the US Dollar (USD) trades firmly, suggesting that the Euro (EUR) is also upbeat. During the press time, the US Dollar Index (DXY), which tracks the Greenback’s value against six major […]
Tariff tensions resurface after EU-US setback – Danske Bank
Danske Bank’s Danske Research Team notes that trade tensions remain elevated after the European Parliament postponed ratification of the EU-US trade deal over concerns about Trump’s new unilateral 15% tariff. China is urging Washington to remove unilateral tariffs, India has delayed talks, and the UK is warning of potential retaliation as the new global tariff […]
Australian dollar trades in range vs. USD amid tariff jitters
The AUD/USD pair consolidates in a narrow band around mid-0.7000s during the Asian session on Tuesday, and for now, seems to have stalled the previous day’s modest pullback from over a one-week top. Spot prices, however, remain confined in an over one-week-old trading range as traders opt to wait for the monthly Australian consumer inflation […]
EUR/JPY edges lower as Eurozone inflation, BoJ rate hike eyed
EUR/JPY trades around 182.50 on Monday at the time of writing, down 0.15% on the day, as market participants adopt a wait-and-see approach ahead of key macroeconomic releases in Europe and Japan. The release of Germany’s IFO Business Climate Index generated only a limited market reaction. The headline index rose to 88.6 in February, above […]
Silver rises amid US trade uncertainty, Iran tensions
Silver (XAG/USD) trades around $86.50 on Monday at the time of writing, up 2.35% on the day, benefiting from a marked resurgence in safe-haven demand. The white metal draws support from heightened political and trade uncertainty in the United States (US), which weighs on overall risk sentiment and on the US Dollar (USD). The US […]
US Dollar Index gains temporary ground near 97.40, outlook remains uncertain
The US Dollar (USD) claws back half of its early losses after gaining a temporary ground near 97.40 during the European trading session on Monday. During the press time, the US Dollar Index (DXY), which tracks the Greenback’s value against six major currencies, trades 0.2% lower to near 97.60. US Dollar Price Today The table […]
Falls to near 109.00 while staying above 100-day EMA, bullish bias intact
The AUD/JPY cross tumbles to near 109.05 during the early European session on Monday. Renewed trade war fears, rising geopolitical tensions in the Middle East, and uncertainty provide some support to a safe-haven currency such as the Japanese Yen (JPY) against the Aussie. On the other hand, a hawkish stance from the Reserve Bank of […]
Canadian Dollar drifts higher above 1.3650 on tariff uncertainty, higher crude oil
The USD/CAD pair drifts lower to near 1.3665 during the Asian trading hours on Monday, pressured by lower crude oil prices and US tariff uncertainty. Traders await the release of the US Producer Price Index (PPI) report for January, which is due later on Friday. The US Supreme Court struck down President Donald Trump’s sweeping […]
BSP easing path stays open – DBS
DBS Group Research’s Radhika Rao highlights that Bangko Sentral ng Pilipinas cut its policy rate by 25bps to 4.25%, citing weaker-than-expected recovery, softer confidence and delayed government spending. Official growth forecasts for 2026–27 were lowered, inflation projections nudged higher, and DBS still expects one more 25bps cut as BSP keeps the door open to further […]
