Australian Dollar struggles as safe-haven demand lifts US Dollar
AUD/USD inches lower after little gains registered in the previous day, trading around 0.7170 during the Asian hours on Tuesday. The pair remains under pressure as the US Dollar (USD) strengthens on rising safe-haven demand, driven by persistent uncertainty surrounding US–Iran ceasefire negotiations. Market participants are still assessing ongoing geopolitical tensions in the Middle East […]
Cautious trade outlook with export risks – UOB
UOB economists Julia Goh and Loke Siew Ting notes that Malaysia’s export momentum softened in March but the trade surplus widened to a one-year high. Strong Electrical and Electronics (E&E) shipments and re-exports supported exports, while imports were driven by capital goods. They highlight geopolitical and cost risks and maintains its 2026 export growth forecast […]
Risk of sharper Lira sell-off on CBT hesitation – Commerzbank
Commerzbank’s Tatha Ghose reviews the Turkish Lira (TRY) outlook ahead of the Turkish central bank’s (CBT’s) key rate decision. He notes inflation expectations for 2026 have risen and that officials appeared hesitant to signal hikes despite depleted reserves. The bank still expects a significant tightening step, warning that failure to deliver could trigger a sharper […]
Core inflation trend cools as energy lifts headline – RBC
Royal Bank of Canada (RBC) economist Abbey Xu notes that Canadian headline Consumer Price Index (CPI) rose to 2.4% year-over-year, mainly on higher energy prices linked to conflict in the Middle East and tax distortions. However, Bank of Canada (BoC) core measures, including CPI-trim and CPI-median, show easing underlying inflation. Xu argues this gives the […]
XAG/USD holds below $80 as hopes of US-Iran peace wane
Silver (XAG/USD) has retreated nearly $4 from the monthly high right above $83.00 hit last Friday, as the precious metal consolidates immediately below the $80.00 level, with investors returning to the safe-haven US Dollar (USD), with the Middle East peace process under pressure. A spokesperson from the Iranian foreign ministry affirmed earlier on Monday that […]
Indian Rupee declines amid uncertainty over US-Iran peace talks
The Indian Rupee (INR) trades lower against the US Dollar (USD) at the start of the week. The USD/INR jumps to near 93.00 as renewed tensions between the United States (US) and Iran have lifted the oil prices and offered support to the US Dollar (USD). Hormuz closure boosts oil prices WTI Oil prices trade […]
Gold price in India: Rates on April 20
Gold prices fell in India on Monday, according to data compiled by FXStreet. The price for Gold stood at 14,338.81 Indian Rupees (INR) per gram, down compared with the INR 14,461.07 it cost on Friday. The price for Gold decreased to INR 167,244.20 per tola from INR 168,670.10 per tola on friday. Unit measure Gold […]
Japanese Yen edges lower on renewed US–Iran tensions
The USD/JPY pair holds positive ground near 159.10 during the early Asian session on Monday. The US Dollar (USD) strengthens against the Japanese Yen (JPY) amid renewed tensions between the US and Iran during more than seven weeks of war in the Middle East. Iran denied it would participate in new peace talks with the US, […]
Iran denies upcoming talks with the United States
The Iranian state TV reported on Sunday that the country rejected new peace talks with the United States, following US President Donald Trump’s post on Truth Social, indicating US representatives were heading to Pakistan for another round of negotiations on Monday. According to the Islamic Republic News Agency (IRNA), Tehan authorities refuse to sit again […]
USD/CHF falls as Iran declares Strait of Hormuz open
The Swiss Franc (CHF) strengthens against the US Dollar (USD) on Friday, with USD/CHF on track for a second consecutive weekly decline as the Greenback remains under pressure amid improving market sentiment on hopes of a potential US-Iran deal. At the time of writing, the pair is trading around 0.7800, down 0.46% on the day […]
