Market news
Crypto, stocks, forex and macro, aggregated for traders.
Deutsche Bank: Hawkish Fed Repricing Supports Dollar Gains
Deutsche Bank notes that markets have fully priced a Fed rate hike after Kevin Warsh’s hawkish debut as Fed Chair and a more aggressive dot plot, supporting the US Dollar Index.
Gold Pressured by Hawkish Fed Repricing and Stronger Dollar: Deutsche Bank
Deutsche Bank notes that a hawkish repricing of Fed expectations and a stronger dollar are weighing on gold prices, with risk assets selling off after the FOMC meeting.
Fed Holds Rates Unanimously, Prioritizes Price Stability
The Federal Reserve kept interest rates unchanged with a unanimous vote, emphasizing price stability over maximum employment.
Euro trims gains against British Pound ahead of BoE decision
The EUR/GBP cross pared gains near 0.8650 after UK employment data, with traders awaiting the Bank of England rate decision later today.
UK Unemployment Rate Falls to 4.9%, Below Forecast
The UK ILO unemployment rate dropped to 4.9% in the three months to April, down from 5.0% previously and below market consensus.
Iran Signals Support Risk Appetite, Capped by Fed Uncertainty
Asian markets rose on positive Iran signals, but gains were limited by uncertainty surrounding the Federal Reserve and Kevin Warsh. Multiple central banks in Asia and Europe are meeting this week, raising the possibility of further monetary policy surprises.
Central Banks Seen Holding Rates; US-Iran Pact Signed
Markets expect Norges Bank, the Bank of England, and the Swiss National Bank to keep interest rates unchanged. Meanwhile, the US and Iran have signed a memorandum of understanding toward a permanent peace deal.
EUR/USD Recovers from March Low, Climbs to 1.1525 on Weaker USD
The EUR/USD pair rebounded during Asian trading on Thursday, moving away from its lowest level since late March near 1.1480-1.1475 as the US dollar weakened, reaching 1.1525.
Swiss Franc Gains Ahead of SNB Decision
USD/CHP fell to around 0.7985 as the Swiss franc strengthened, pressured by a US-Iran interim agreement that weighed on the US dollar.
EUR/USD Elliott Wave: Impulse Decline from April 17 Peak, Corrective Rally Completed
The decline from the April 17, 2026 peak in EUR/USD is identified as a five-wave impulse, with wave ((i)) at 1.1655 and a subsequent corrective rally in wave ((ii)) that has terminated.
FOMC Hawkish Stance Boosts Dollar; EUR/USD Range 1.1450-1.1600
The FOMC kept rates unchanged but revised inflation expectations higher and cut growth forecasts. Hawkish comments lifted the dollar index above 100, with EUR/USD seen trading within a 1.1450-1.1600 range.
AUD/USD Eyes 0.7050 as US Dollar Weakens, 100-Day SMA Key
The AUD/USD pair reversed its previous day's decline, trading near 0.7040 in Asian session Thursday, up 0.40% as the US dollar softened. The 100-day SMA is seen as a crucial support level for bulls targeting 0.7050.
Silver Price Rises Above $69.00, Remains Below 100-Day SMA
Silver (XAG/USD) rose to near $69.15 during Asian trading on Thursday, supported by positive developments in US-Iran peace talks, but remains capped by the 100-day simple moving average.
Indonesian Rupiah Gains Support Ahead of Bank Indonesia Policy Decision
USD/IDR edged lower in Asian trade on Thursday as the Indonesian Rupiah strengthened ahead of Bank Indonesia's upcoming policy meeting.
Japan's Kihara Warns of 'Appropriate' Response to Yen Declines
Japanese Chief Cabinet Secretary Minoru Kihara said the government is ready to respond 'appropriately' to currency moves, signaling potential intervention as the yen weakens.
NZD/USD Rises to Near 0.5800 on Strong NZ GDP, US-Iran Peace Deal
The New Zealand Dollar strengthened against the US Dollar, climbing to around 0.5790 during Asian trading after upbeat annual GDP data and news of a US-Iran agreement to end the war boosted risk appetite.
US Dollar Index Holds Losses After Pulling Back from 11-Week Highs
The US Dollar Index (DXY) retreated from an 11-week high of 100.57, trading around 100.30 during Asian hours.
Yen Bears Cautious Amid Intervention Fears, Iran Deal Weighs on USD
The Japanese yen remains under pressure but bears are turning cautious as intervention fears grow. The USD is undermined by the Iran nuclear deal, keeping USD/JPY steady above mid-160.00s.
AUD/USD Rises Above 0.7000 After Trump Signs US-Iran Deal
The Australian dollar edged higher above the 0.7000 level during early Asian trading on Thursday as optimism over a US-Iran peace deal boosted risk appetite.
GBP/USD Recovers from Two-Month Low Ahead of BoE
The British pound bounced from its lowest level since April 7 during Asian trading on Thursday, supported by a weaker US dollar amid speculation over an Iran peace deal.
PBOC Sets USD/CNY Reference Rate at 6.8130
The People's Bank of China set the USD/CNY central parity rate at 6.8130 on Thursday, slightly higher than the previous day's fix of 6.8096.
Euro rebounds above 1.1500 as US-Iran deal boosts risk sentiment
The EUR/USD pair recovers to near 1.1515 during early Asian trading on Thursday, supported by improved risk sentiment following the US-Iran peace agreement and the Federal Reserve's decision to hold rates steady.
XS.com Strengthens Strategic Relationships in North Africa via Exclusive Partners Seminar in Casablanca
Multi-asset broker XS.com held an exclusive partner seminar in Casablanca, Morocco, gathering affiliates and industry professionals to discuss market trends, partnership strategies, and growth opportunities.
iFOREX Names Ex-Amdocs Executive Daniel Shalom as Chief Operating Officer
iFOREX has named Daniel Shalom, a former Amdocs executive, as its new Chief Operating Officer, effective as of July 2026.