Market news
Crypto, stocks, forex and macro, aggregated for traders.
Gold Holds Bullish Tone Near $4,322 as Lagarde Speech, G7 Meetings Eyed
XAU/USD trades bullishly around $4,321–$4,322 in early Monday trading, consolidating just below the $4,325 resistance zone after recovering from the $4,180–$4,200 demand area.
USD/CHF Slumps to 0.7930 as US-Iran Peace Deal Weakens Dollar
The Swiss franc strengthened against the US dollar on Monday, pushing USD/CHF to 0.7930, its lowest since June 5, after the US and Iran announced a framework peace deal.
Romania May Inflation Hits 10.85%, Seen as Peak
Romania's May inflation rose to 10.85%, which analysts consider the peak, as inflation begins to ease across some Central and Eastern European countries.
BoJ Kicks Off Central Bank Week; US-Iran Peace Deal, Swedish Labor Data in Focus
The Bank of Japan begins a busy central bank week as reports indicate a peace deal between the US and Iran. The Swedish Labour Force Survey for May is also due, following five months of unchanged unemployment.
Bonds, Currencies Rally on Potential US–Iran Deal; SpaceX IPO, AI Regulation in Focus
Asian markets start the week with risk assets, bonds and currencies gaining on a prospective US–Iran deal. Additional catalysts include liquidity relief from a SpaceX IPO and limited regulatory enforcement on Anthropic's Fable 5 AI.
GBP/USD Extends Advance as US-Iran Deal Boosts Sentiment
GBP/USD rose 0.35% to near 1.3460 in late Asian trading on Monday, extending a week-long advance after the US and Iran reached a deal, improving market sentiment.
Euro climbs above 1.1600 on US–Iran peace breakthrough
The EUR/USD pair rose to near 1.1610 during early European trade Monday after reports of a US–Iran deal to reopen the Strait of Hormuz, boosting risk appetite and supporting the euro against the dollar.
Indian Rupee Surges as Oil Prices Fall on US-Iran Peace Agreement
The Indian Rupee opened strongly against the US Dollar as USD/INR fell to near 94.60, driven by a sharp drop in oil prices after the US and Iran finalized a permanent peace deal.
AUD/JPY Strengthens Above 113.00, Positive Tone Intact
The AUD/JPY cross traded around 113.35 during early European session Monday, supported by reports of a US-Iran peace deal that boosted risk appetite for the Australian dollar against the Japanese yen.
EUR/USD Tests Key Resistance Above 50% Fib Retracement
The EUR/USD pair is trading above the 50% Fibonacci retracement level on the 4-hour chart and is attempting to break above a major bearish trend line.
US Dollar Index Drops Below 100 as Safe-Haven Demand Fades
The US Dollar Index (DXY) fell to around 99.50 during Asian hours as safe-haven demand waned.
NZD/USD Climbs as Risk Aversion Eases, Domestic Data Supports
The New Zealand Dollar strengthened against the US Dollar on Monday, recovering from minor losses the previous day. NZD/USD traded near 0.5850 during Asian hours, supported by improved risk appetite and domestic economic data.
Japanese Yen Flatlines on US-Iran Deal, BoJ Rate Hike Expectations
The USD/JPY pair trades near 160.20 as the US Dollar softens on reports of a US-Iran peace deal, while BoJ rate hike expectations cap Yen losses.
USD/CAD Falls as Canadian Dollar Gains on Reduced Safe-Haven Demand
USD/CAD depreciated to around 1.3970 during Asian hours Monday, reversing two days of gains, as the US dollar broadly declined on fading safe-haven demand.
Gold Hits Weekly High After US-Iran Peace Deal
Gold prices rose to a weekly high during Asian trading on Monday after the US and Iran reached a peace deal, easing inflation and interest rate concerns.
PBOC Fixes USD/CNY Central Rate at 6.8088, Slightly Weaker Dollar
The People's Bank of China set the USD/CNY reference rate at 6.8088 on Monday, marginally lower than the previous fix of 6.8109, indicating a slight strengthening of the yuan.
British Pound Rises as US-Iran Peace Deal Boosts Sentiment
GBP/USD gained ground on Tuesday, trading around 1.3450 in Asian hours, as improved market sentiment on a US-Iran peace deal lifted the pound.
USD/JPY Hits 160: What the Yen's Slide Means
The USD/JPY pair has reached the 160 level, a threshold that historically triggers official warnings and accelerates intervention decisions, forcing carry traders to reassess positions.
Why Traders Fail: Risk Management Over Entry Signals, Says Ian Coleman
Professional traders prioritize capital preservation over entry signals, focusing on position sizing and the 2% Rule, according to Ian Coleman. He explains that retail traders ignore risk management rules that ensure long-term survival.
Central Bank Decisions: Fed, BoJ, BoE, RBA in Focus Next Week
The US Dollar Index edged lower last week, closing near 99.80 as markets brace for a week packed with monetary policy decisions from the Fed, Bank of Japan, Bank of England, and Reserve Bank of Australia.
South Korean Authorities Step Up FX Stabilisation Push – Societe Generale
Societe Generale notes that South Korean authorities have launched a multi-pronged FX stabilisation package to address short-term USD funding stress and speculative pressures on the won.
Gold Holds Above $4,200 on Hopes of US-Iran Deal
Gold (XAU/USD) consolidates above $4,200 as market optimism grows over a potential US-Iran deal expected next week, easing inflation concerns.
KRW Strengthens on Equities and Hawkish BoK – BBH
South Korean Won is outperforming on strong local equities and a hawkish central bank stance, according to Brown Brothers Harriman's Elias Haddad.
USD/CAD RSI Overbought; Bears Defend 1.4000 Level
USD/CAD traded higher on Friday, supported by lower oil prices weighing on the Canadian dollar. However, the RSI entered overbought territory and bears are actively defending the 1.4000 resistance level.