Market news
Crypto, stocks, forex and macro, aggregated for traders.
AUD/JPY Drops After Australian Jobs Data, JPY Supported by Intervention Fears
The AUD/JPY pair fell after Australia's employment data, nearing its lowest since April, while the Japanese yen drew support from intervention concerns.
USD/CAD Falls as Canadian Dollar Strengthens on USD Weakness
USD/CAD snapped its winning streak, trading near 1.4230 in Asian hours as the Canadian dollar gained ground despite a hawkish Federal Reserve outlook.
Australia's Unemployment Rate Falls to 4.4% in May, Matching Expectations
Australia's unemployment rate declined to 4.4% in May from 4.5% in April, according to ABS data released Thursday, meeting market forecasts.
BoJ's Tamura: Japan's Neutral Rate Around 2%
Bank of Japan board member Naoki Tamura said Japan's neutral rate is approximately 2% and stressed the need to gradually move the policy rate toward that level to avoid abrupt rate hikes.
Japanese Yen Holds Steady Amid Intervention Speculation
USD/JPY trades near 161.75 as traders remain on high alert for possible Japanese intervention.
Japanese Yen Steady as Intervention Speculation Intensifies
USD/JPY holds near a multi-decade high around 161.75 as traders remain on alert for possible Japanese currency intervention.
Euro Falls to Near 1.1350 as Fed Hike Bets Rise Ahead of PCE Data
The EUR/USD pair dropped to around 1.1355 in Asian trade as traders increase bets on US rate hikes ahead of PCE inflation data.
Gold Falls to Seven-Month Low Below $4,000 as Fed Hike Bets Rise
Gold (XAU/USD) dropped to around $3,995 during Asian trading on Thursday, its lowest since November 2025, pressured by expectations of further Federal Reserve rate hikes and a stronger US dollar.
EUR/JPY Falls Below 100-Day SMA, Traders Eye 183
EUR/JPY dropped 0.08% on Wednesday, breaking below its 100-day SMA as speculation of Japanese FX intervention and higher-than-expected producer inflation in Japan weighed on the pair.
GBP/USD Recovery Stalls, Cable Dips Below 1.3150
GBP/USD confirmed the end of its attempted recovery, sliding to a low just under 1.3150 before closing slightly above fresh lows.
Yen Weakens Despite BoJ Rate Hike, USD/JPY Grinds Higher
The Japanese yen continued to slide against the U.S. dollar on Wednesday, defying expectations after the Bank of Japan raised its policy rate last week. USD/JPY pushed higher, approaching multi-decade lows.
USD/CHF Rallies to 11-Month High Above 0.8100
USD/CHF extended its rally for a third consecutive day, reaching an 11-month high of 0.8139 before settling near 0.8124.
USD/SGD Drifts Higher on Broad USD Strength, OCBC Says
OCBC analysts note USD/SGD has risen due to broad US dollar strength and softer risk sentiment, with bullish momentum and elevated RSI.
UOB Maintains Constructive USD/SGD Outlook, Targets 1.3000
United Overseas Bank analysts keep a bullish stance on USD/SGD after five consecutive daily gains, targeting a test of 1.2980 and eventually 1.3000 despite overbought conditions.
US Dollar Surges to One-Year High as Traders Await PCE Inflation Data
The US Dollar Index (DXY) climbs to a one-year high near 101.60 as markets focus on Thursday's PCE price index release.
USD Strengthens on Higher-for-Longer Fed Outlook, Haven Demand – Scotiabank
The US Dollar extends its firmer tone, driven by expectations of a prolonged hawkish Fed, safe-haven flows, and mixed equity markets, according to Scotiabank strategists.
MUFG: Low Yields Weigh on Thai Baht Despite Lower Oil
MUFG analyst Lloyd Chan says the Thai Baht's underperformance stems from its low-yield status and the Bank of Thailand's growth-friendly policy that limits rate hikes, offsetting the benefit of cheaper oil.
SocGen: BCB Minutes Support Paused Easing, USD/BRL Eyes 200-DMA
Societe Generale strategists note that Brazilian central bank minutes back a gradual easing cycle with pauses, targeting 3% inflation by Q1 2028, while USD/BRL approaches its 200-day moving average.
Gold Price Breaks Below $4,000 as US Dollar Hits 13-Month High
Gold (XAU/USD) collapsed over 3% on Wednesday as the US Dollar surged to a 13-month high, despite falling Treasury yields amid speculation that reopening the Strait of Hormuz could ease inflation.
Why the Loonie's Decline Isn't About Oil
The Canadian dollar has hit a 12-month low against the US dollar, but attributing the move solely to oil prices misses the broader picture, according to a market analyst.
Japanese Yen Faces 162 Resistance After Hawkish BoJ – Scotiabank
The Japanese Yen is only fractionally weaker against the US Dollar but outperforming G10 crosses as markets remain cautious over potential official intervention, according to Scotiabank strategists.
Australian Dollar Weakens as Bulls Fail to Find Catalyst
The Australian Dollar continues to lose momentum, unable to find a catalyst to reverse recent weakness. US Dollar dynamics and geopolitical tensions are weighing on the currency.
Hungary CPI Drop Supports NBH Rate Cuts – Standard Chartered
Standard Chartered highlights that Hungary’s lower CPI, aided by a strong forint and government measures, supports further rate cuts by the National Bank of Hungary.
Gold Hovers Near 2026 Lows as USD Strength Persists
Spot Gold touched $3,964, its lowest since November 2025, before bouncing above $4,000. Persistent US Dollar strength continues to weigh on the metal.