Market news
Crypto, stocks, forex and macro, aggregated for traders.
GBP/USD Targets 1.3410–1.3445 on Strong Momentum – UOB
UOB analyst Quek Ser Leang notes GBP/USD surged to 1.3397 and closed firm at 1.3391, with intraday scope for further gains toward 1.3410, though 1.3445 may be out of reach.
Iran warns US threats could derail nuclear deal negotiations
Iran’s Foreign Minister Abbas Araghchi said US threats could prevent talks on a final nuclear deal from starting, according to a post on X.
Commerzbank: RBNZ Rate Hike Likely in July, Supports NZD
Commerzbank analyst Volkmar Baur expects the Reserve Bank of New Zealand to raise rates at its July meeting to reinforce inflation-fighting credentials, which should initially support the New Zealand Dollar.
Japanese Yen Gains Past 162.00 as Dollar Weakens
The Japanese Yen edged higher on Tuesday, pushing USD/JPY below the 162.00 level and easing near-term intervention fears after the pair retreated from Monday's highs near 162.40.
USD Supported Near 2026 Highs on Sticky Inflation, Rate Differentials
Analysts at National Bank of Canada note the US Dollar is trading near its 2026 high, supported by persistent US inflation and widening rate differentials.
Euro hits one-year low vs pound despite strong German data
The euro remains under pressure against the British pound, trading near one-year lows even after upbeat German industrial figures released on Tuesday.
USD/JPY Consolidation Seen in 160.60-163.00 Range – UOB
UOB's Quek Ser Leang notes USD/JPY surged to 162.42 before closing at 162.08, leaving the pair overbought. Intraday consolidation expected between 161.50 and the broader 160.60–163.00 range.
EUR/USD Stuck in Summer Range Between 1.1350 and 1.1450 – Commerzbank
Commerzbank analyst Volkmar Baur reports EUR/USD has been trading in a narrow range of 1.1350 to 1.1450 since mid-June, with few catalysts expected to break the stalemate.
NZD/USD Slips to 0.5700 as USD Gains on Hormuz Tensions
The New Zealand Dollar continued its decline against the US Dollar for a second straight day, trading near 0.5700 during Asian hours on Tuesday. The move was driven by renewed geopolitical tensions in the Strait of Hormuz, boosting demand for the greenback.
Gold Drops as Inflation Fears Offset Fed Rate Hike Bets
Gold (XAU/USD) fell for a second straight day, slipping to the $4,125-$4,124 region during Asian trading on Tuesday, pressured by renewed inflation worries linked to rising crude oil prices amid Strait of Hormuz tensions.
Gold Pulls Back from $4,200 Ahead of Fed Minutes
Gold (XAU/USD) extends its pullback from two-week highs above $4,200 for a second consecutive day, with sellers now targeting the $4,100 level as the market focuses on the upcoming Federal Reserve meeting minutes.
Yen trade shifts from rates to positioning and fiscal credibility
FX analysts note that USD/JPY is no longer purely a rates trade; it now reflects positioning, hedging, and fiscal-credibility concerns, complicating the outlook for traders.
AUD/USD Pulls Back From Two-Week High, 38.2% Fibo in Focus
The AUD/USD pair edged lower on Tuesday after hitting a two-week high near 0.6960, snapping a three-day winning streak. The 38.2% Fibonacci retracement level around 0.6955 is seen as key support.
Dollar Index Targets 102, Euro and Yen Under Pressure
The Dollar Index holds in a 101-100.50 range but may break higher to 102, weighing on EUR/USD and USD/JPY, with the BOJ expected to intervene above 162.50.
USD/JPY Extends Pullback; Yen Strengthens on Intervention Risks
The USD/JPY pair extended its pullback from the mid-162.00s as the Japanese Yen strengthened amid looming intervention risks, though the Yen lacks bullish conviction.
Japan's Kiuchi: No easing of fiscal discipline
Japan's Minister of State for Economic and Fiscal Policy, Minoru Kiuchi, stated that Tokyo is not relaxing fiscal discipline and will clearly present this stance in the economic plan.
GBP/JPY Breaks to New High, Bullish Trend Confirmed
GBP/JPY has decisively broken to a new high, confirming the ongoing bullish trend and pointing to further upside according to Elliott Wave analysis.
PBOC sets USD/CNY reference rate at 6.8054 vs. 6.8066 previous
The People's Bank of China set the USD/CNY midpoint for Tuesday at 6.8054, slightly stronger than the prior day's fix of 6.8066.
EUR/USD Holds Above 1.1400, Range Continues as Hormuz Risks Boost USD
EUR/USD trades in a narrow range above 1.1400 on Tuesday, with geopolitical risks related to Hormuz supporting the US dollar.
AUD/USD Slides as Australian Job Ads Drop in June
The Australian Dollar fell against the US Dollar after ANZ–Indeed Job Ads data showed a decline in June, reinforcing expectations of a cooling labor market.
Trade Nation Launches Its Regulated Products and Services in Europe
Trade Nation formally launched regulated CFD trading products and services in Europe through its new Portuguese CMVM-regulated entity, with onboarding of retail clients starting in the following weeks.
IC Rebrand Will See icmarkets.com Move to ic.com
IC Markets completed its rebrand to IC, migrating its main website from icmarkets.com to ic.com on July 11, 2026, without affecting partner referral links.
RoboForex Brings Full-Scale Trading to Telegram
RoboForex integrated its MobileTrader platform into Telegram as a Mini App, letting users open accounts, execute trades and manage deposits and withdrawals without leaving the messaging app.
GBP/JPY Hits 18-Year High Above 217.00
The British pound surged to an 18-year high against the Japanese yen, breaking above 217.00 for the first time since January and surpassing the previous year-to-date high of 216.60.