USD/CAD slips as the US Dollar weakens following reports that Washington and Tehran have paused hostilities in anticipation of peace talks in Doha. Traders continue to exhibit a heightened sensitivity to developments in the Middle East, evaluating the implications for regional stability and its influence on global risk appetite. The commodity-linked Canadian Dollar may face … Read more
AUD/USD is showing an upward movement even though market participants are dismissing the possibility of any interest rate changes on Tuesday. The US Dollar has experienced a decline as the prospects of a US-Iran peace deal diminished, leading to a reduction in safe-haven demand. This shift has contributed to easing concerns regarding inflation and the … Read more
USD/CAD may experience depreciation as the commodity-linked Canadian Dollar could find support from rising oil prices. The US Dollar exhibited resilience amid increased risk aversion stemming from renewed geopolitical tensions in the Middle East. The US executed a series of third-wave retaliatory strikes on Iranian coastal targets on Wednesday, in response to an Iranian ballistic … Read more
The Australian dollar experienced a downward gap at the beginning of the trading session on Monday, yet subsequently demonstrated indications of resilience. That being said, later in the day, we have observed a slight increase in interest rates in the United States, which has exerted additional pressure on the Australian dollar. Currently, it appears probable … Read more
GBP/USD is currently positioned at approximately $1.34 on Tuesday, June 9, maintaining a position just above the 1.3420 support level. This follows a sequence of consecutive losses that have placed the pair under near-term pressure, resulting in trading below its short-term moving averages. Cable, as the pound-dollar pair is referred to, is currently positioned at … Read more
USD/JPY is currently positioned around 159.80 on Tuesday, June 9, having surpassed that resistance level with renewed bullish momentum as the pair advances toward the significant ¥160 threshold that has consistently constrained it throughout 2026. The dollar-yen pair has identified support at a short-term ascending trendline and remains positioned above its 50-period EMA, which reinforces … Read more
EUR/USD began the new week at 1.1520. The US dollar ended last week with gains of more than 1% following a strong US labour market report. In May 2026, the US economy added 172,000 jobs, significantly above the market forecast of 85,000. The data exceeded expectations, reinforcing confidence in the resilience of the US economy. … Read more
EUR/USD is a tightly wound spring positioned between two aggressive monetary policy stances. On one side, the Federal Reserve has received a robust jobs report that exceeded expectations, invigorating the dollar and pushing Treasury yields to 4.54%. Conversely, the European Central Bank is poised to increase interest rates on June 11, as eurozone inflation reaches … Read more
AUD/USD softens to near 0.7180. Wednesday’s early Asian session. Australian GDP expanded by 0.3% quarter-on-quarter in the first quarter of 2026, falling short of expectations. US forces have executed strikes following an attack by Iran, according to reports. The AUD/USD pair experiences a decline, reaching approximately 0.7180 in the early Asian session on Wednesday. The … Read more
Cable is stagnant, and the central bank finds itself in a similar predicament. GBP/USD trades near 1.3454 on June 2, essentially flat on the session but positioned at its weakest level since May 19 after the pound declined toward $1.34 amid Middle East tensions and increasing concerns regarding the UK’s economic outlook. The pair has … Read more