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Gold Rebounds from Three-Month Lows but Caution Remains
Gold (XAU/USD) has bounced from three-month lows of $4,269 but remains under pressure, trading above $4,300 in Asian session.
Australian Dollar Steady Despite Strong China Trade Balance Data
The Australian Dollar trades flat around 0.7050, consolidating after China reported a stronger-than-expected trade surplus for May.
Swiss Franc Steadies as USD Weakens on Iran-Israel Ceasefire Hopes
USD/CHF edged lower to around 0.7970 on Tuesday, extending losses after two days of gains, as a potential ceasefire between Iran and Israel reduced safe-haven demand for the US dollar.
China's Trade Surplus Widens to CNY723.98B in May
China's trade surplus for May expanded to CNY723.98 billion, up from the previous reading of CNY585.69 billion.
Upbeat NFP Data Spurs Dollar Rally, Market Eyes CPI
Strong NFP data triggered risk-off sentiment, pushing investors to the US dollar. DXY had one of its best weeks recently as markets prepare for CPI release.
Canadian Dollar Bounces Off Late March Low vs Weaker USD, Gains Capped by Oil
USD/CAD edged lower on Tuesday as the Canadian dollar bounced off late March lows, supported by a softer USD, though weak oil prices capped further upside.
US Dollar Index declines as Iran, Israel agree to halt strikes
The US Dollar Index (DXY) remained subdued around 100.00 during Asian hours as Iran and Israel agreed to halt strikes, easing geopolitical tensions.
Silver (XAG/USD) edges lower near $68 on Fed rate hike bets
Silver prices slipped to around $67.90 during Asian trading on Tuesday, paring recent gains as renewed Fed rate hike expectations and Middle East uncertainty weighed.
GBP/USD Consolidates Near 1.3350, Upside Limited
The British Pound is consolidating around the mid-1.3300s against the USD after bouncing from a three-week low near 1.3300, but upside potential appears limited.
USD/JPY Holds Above 160 as Yen Weakens Despite Intervention Warnings
The Japanese yen softened against the US dollar on Tuesday, with USD/JPY trading near 160.20 during Asian hours, as escalating Middle East tensions supported the greenback despite fresh intervention threats from Tokyo.
PBOC Sets USD/CNY Reference Rate at 6.8147
The People's Bank of China set the USD/CNY central rate at 6.8147 for Tuesday, compared to the previous day's fix of 6.8198.
AUD/USD Hovers Near Two-Month Low Ahead of China Trade Data
The Australian dollar remains near its lowest level since April 13 against the US dollar, struggling to extend a modest bounce as traders await China's trade balance data.
New Zealand Dollar Eases Ahead of China Trade Balance Data
NZD/USD edges lower to around 0.5800 during Asian hours as the US Dollar holds firm on Middle East uncertainty, with traders eyeing upcoming Chinese trade data.
Japan's Katayama: Stance Unchanged, Ready for Decisive Measures
Japan's Finance Minister Satsuki Katayama reiterated on Tuesday that the government's stance on currency policy remains unchanged and authorities stand prepared to take decisive action if needed.
Euro weakens below 1.1550 on Middle East uncertainty ahead of ECB rate decision
EUR/USD fell to around 1.1530 in early Asian trading Tuesday, pressured by Middle East uncertainty as markets await the ECB rate decision and US CPI data.
D Prime Ranks Among Global Top 5 Brokers in Finance Magnates Report
D Prime recorded 208,000 active accounts and USD 159 billion in average monthly trading volume, earning a Top 5 spot in the Finance Magnates Q1 2026 Intelligence Report.
Gold Edges Lower Below $4,350 as Fed Rate Hike Expectations Grow
Gold price (XAU/USD) trades with mild losses around $4,325 during early Asian trading on Tuesday, pressured by rising bets of a US interest rate hike and uncertainty in the Middle East.
Market dodges oil shock but rate trap remains set
Monday's bounce was a relief rally, not confirmation of a trend shift. Oil pulled back from geopolitical risks, tech stocks rose, and risk assets stabilized, but the late-day fade indicates lingering caution.
Gold ETF Flows Turn Negative in May After Strong Inflows
Gold ETF inflows flipped modestly negative in May, reflecting a range-bound price and a sharp deceleration from previous months, per the World Gold Council.
South Korean Won Gains on Policy Support and Pension Rebalancing
South Korea's Won has outperformed its peers as authorities step up stabilization measures, including new FX rules and tighter oversight of offshore derivatives and National Pension Fund hedging, according to Brown Brothers Harriman.
USD/CNH Consolidates in 6.7800-6.7950 Range – UOB
UOB strategists note limited upside momentum for USD/CNH after a slight rise to 6.79, expecting consolidation between 6.7800 and 6.7950 for the day.
GBP/JPY Nearly Flat at 213.60, Bulls Target 214.00
GBP/JPY trimmed earlier losses and turned nearly flat near 213.60, down 0.09% amid mixed market sentiment. Bulls are aiming for the 214.00 level.
USD/CHF confirms inverted head-and-shoulders, targets 0.80
USD/CHF advanced 0.30% on Monday as an inverted head-and-shoulders pattern was confirmed and price action cleared the 200-day SMA. Technicians eye a potential move toward 0.80.
Asia FX: Oil, Fed Outlook Weigh on KRW, IDR – OCBC
OCBC strategist Sim Moh Siong notes higher oil prices and a firmer US policy outlook are pressuring Asian currencies, particularly the Korean Won and Indonesian Rupiah.