Market news
Crypto, stocks, forex and macro, aggregated for traders.
Asian Markets Directionless; US-Iran Talks, China PMIs, BOJ Member in Focus
Asian trading was directionless on month- and quarter-end with US-Iran talks in Qatar, flat China PMIs for June, and a new BOJ board member viewed as reflationist.
Indian Rupee Opens Lower Against US Dollar as NFP Data Awaited
The Indian Rupee edged down on Tuesday, with USD/INR climbing to near 94.65 as traders await June US Nonfarm Payrolls data.
GBP/USD Retreats from One-Week Top as USD Firms; 1.3300 Holds Key
The GBP/USD pair edged lower in Asian trading on Tuesday, reversing part of Monday's rally to a one-week high, as the U.S. dollar strengthened. The 1.3300 level is seen as a crucial support.
USD/CAD Holds Above 1.4200, Bullish Trend Intact
The USD/CAD pair trades around 1.4235 in early European trading on Tuesday, supported by Fed rate hike expectations and US economic optimism, maintaining a bullish trend despite overbought signals.
ECB Faces Divergent Inflation Paths Ahead of Sintra Meeting
The European Central Bank is grappling with contrasting inflation signals as oil prices fall while underlying inflation remains sticky, setting the stage for debate at the Sintra forum.
GBP/JPY Elliott Wave: Diagonal Pattern from April 30 Low Continues Higher
GBP/JPY is advancing in a five-wave diagonal structure from the April 30, 2026 low, with wave ((i)) at 214.05 and wave ((ii)) pulling back to 211.18.
Indonesian Rupiah Weakens on Legal Immunity Concerns for Danantara Bond Buyers
USD/IDR extended gains for a second day, trading near 17,940 in Asian hours, as the Indonesian Rupiah weakened amid governance and transparency worries tied to legal immunity for Danantara bond buyers.
Euro Holds Above 1.14 as Dollar Index Slips Further
The euro rose above 1.14 against the dollar as the dollar index continued to decline. Key levels to watch include EUR/USD holding above 1.14, EUR/INR above 107 with a need to break 108, and EUR/JPY showing a strong up move.
Euro Softens Against Yen on Intervention Watch
The EUR/JPY cross traded lower near 184.85 in early European trade on Tuesday as traders remained alert for possible Japanese intervention to support the yen.
Swiss Franc Declines Ahead of KOF Leading Indicator Release
The Swiss franc weakened in Asian trade on Tuesday, lifting USD/CHF to 0.8090 as markets await the KOF Leading Indicator, expected to edge up to 98.2 in May.
EUR/USD Extends Intraday Descent Below 1.1400 as USD Firms
The EUR/USD pair fell below 1.1400 during Asian trading on Tuesday, snapping a three-day winning streak and stalling its recovery from the lowest level since May 2025.
Dollar Index Rises Above 101 on Fed Rate Hike Bets
The US Dollar Index (DXY) climbed above 101.00, trading near 101.30 in early European hours, supported by expectations of further Federal Reserve rate hikes.
NZD/USD under pressure as Iran risks, hawkish Fed support USD
The NZD/USD pair remains weak in Asian trading as geopolitical tensions and expectations of a hawkish Fed boost the US dollar, though the pair stays within a recent range.
Silver Bounces From $56.60 Support as Market Awaits US JOLTS Data
Silver (XAG/USD) edged higher after dipping to near $56.60, though it remains 1.55% lower around $57.40 as traders look ahead to US JOLTS job openings data.
AUD/JPY Falls Despite Hawkish RBA Minutes
The Australian Dollar weakened against the Japanese Yen, with AUD/JPY trading around 111.40 during Asian hours, reversing the previous day's flat performance despite hawkish RBA minutes.
Gold Crashes Below $3,950, Hits Seven-Month Low on Yen Strength
Gold (XAU/USD) tumbled nearly 1.5% in Asian trading on Tuesday, breaking below the key $3,950 support level to reach a fresh seven-month low. The move was attributed to a surge in the Japanese yen, which likely triggered stop-losses.
USD/CAD Rises to 1.4230 as Lower Oil Prices Weigh on Canadian Dollar
USD/CAD extended its gains for a second straight day, trading near 1.4230 in Asian hours on Tuesday, as falling oil prices and a stronger US dollar pressured the commodity-linked Canadian dollar.
GBP/USD dips below 1.3250 as Fed rate hike bets support USD
The British Pound weakened against the US Dollar, trading around 1.3240 during Asian hours on Tuesday, as expectations of a Federal Reserve rate hike bolstered the greenback.
RBA Minutes Show Rate Expectations Declining, Weigh on AUD
The RBA’s June meeting minutes indicate that expectations for interest rates have fallen, which could put further pressure on the Australian dollar.
Japan Finance Minister Katayama Vows To Respond To Currency Moves
Japan's Finance Minister Satsuki Katayama said the government will respond appropriately to currency movements at any time as needed.
PBOC Sets USD/CNY Reference Rate at 6.8109
The People's Bank of China set the USD/CNY central rate at 6.8109 on Tuesday, stronger than the previous fix of 6.8175.
Japan's Kihara: Always Ready to Take Necessary Action on Forex
Japan's Chief Cabinet Secretary Minoru Kihara reaffirmed the government's readiness to intervene in currency markets if needed, while declining to comment on specific exchange rate levels.
Japanese Yen Plunges Below 162.00, Hits Fresh Four-Decade Low Against USD
The USD/JPY pair surged past the critical 162.00 level, reaching a fresh four-decade high as the yen weakened sharply. Markets remain on intervention watch.
AUD/USD Extends Decline to Third Day Near 0.6870
The Australian dollar fell for a third straight session, pressured by a hawkish Federal Reserve backdrop and ahead of RBA meeting minutes and Chinese PMI data.