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EUR/JPY Price Forecast: Retreats further from yearly top; seems vulnerable below 172.00
The EUR/JPY cross extends the previous day's retracement slide from the vicinity of the 174.00 mark, or a fresh one-year high, and drifts lower for the second consecutive day on Tuesday. Spot prices drop to the 171.80 region during the Asian session and seem vulnerable to slide further.
GBP/USD Price Forecast: Falls below 1.3350 due to prevailing bearish bias
The GBP/USD pair extends its losing streak for the fourth successive session, trading around 1.3340 during the Asian hours on Tuesday. The bearish bias prevails as the daily chart's technical analysis suggests that the pair remains within the descending channel pattern.
Silver Price Forecast: XAG/USD trades with caution near $38 as global trade tensions cool down
Silver price (XAG/USD) trades cautiously near its weekly low around $38.00 during the Asian trading session on Tuesday.
EUR/USD remains below 1.1600 as US-EU trade deal appears to favor US economy
EUR/USD moves little after registering more than 1% losses in the previous session, trading around 1.1590 during the Asian hours on Tuesday. The pair faced challenges as the US Dollar (USD) rose on trade optimism, driven by the trade deal between the United States (US) and the European Union (EU).
USD/CAD hovers near 1.3750 amid uncertainty over US-Canada tariff deal
USD/CAD halts its three-day winning streak, trading around 1.3740 during the Asian hours on Tuesday. The pair may further appreciate as the Canadian Dollar (CAD) could struggle amid rising tariff uncertainty between the United States (US) and Canada.
NZD/USD bounces off one-week low; remains below 0.6000 as traders await FOMC decision on Wednesday
The NZD/USD pair rebounds a few pips from a one-week trough touched during the Asian session on Tuesday and climbs to the 0.5975 region in the last hour. Spot prices, for now, seem to have snapped a three-day losing streak, though any meaningful recovery seems elusive.
US Commerce Secretary Lutnick: Trump to impose tariffs on other nations by end of week
In a Fox News interview early Tuesday, US Commerce Secretary Howard Lutnick said that President Donald "Trump is expected to impose tariffs on other nations by end of week."
WTI trades with a negative bias below mid-$66.00s; downside seems limited
West Texas Intermediate (WTI) US Crude Oil prices edged lower during the Asian session on Tuesday and eroded a part of the previous day's strong gains to over a one-week high. The commodity currently trades just below mid-$66.00s, down 0.40% for the day, though the downside seems cushioned.
US-China trade talks concluded, to resume on Tuesday
US Treasury Secretary Scott Bessent and China's Vice Premier He Lifeng held trade talks on Monday at the Swedish Prime Minister's office in Stockholm.
AUD/USD holds ground above 0.6500, eyes on US-China trade talks
AUD/USD edges higher after registering losses in the previous three sessions, trading around 0.6520 during the Asian hours on Tuesday. The pair faced challenges as the US Dollar (USD) rose on the trade deal between the United States (US) and the European Union (EU).
USD/JPY climbs to over one-week top, above mid-148.00s ahead of FOMC/BoJ meetings
The USD/JPY pair attracts buyers for the fourth consecutive day and climbs to a one-and-a-half-week high, around the 148.70 area during the Asian session on Tuesday.
PBOC sets USD/CNY reference rate at 7.1511 vs. 7.1467 previous
The People's Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead on Tuesday at 7.1511 as compared to the previous day's fix of 7.1467.
GBP/USD extends into a third day of losses amid wider Greenback recovery
GBP/USD caught another leg lower to start the new trading week, falling for a third straight session and tumbling back below the 1.3400 handle, hitting a ten-week low in the process.
EUR/USD plunges over 1% as US-EU trade deal boosts US Dollar
The EUR/USD dropped more than 1% on Monday as investors bought the Dollar on news that the United States (US) and the European Union (EU) had reached a trade agreement, similar to the one inked by Japan. The pair trades at 1.1590 after reaching a high of 1.1771.
Canadian Dollar slumps for a third straight day as US Dollar climbs
The Canadian Dollar (CAD) pared further gains on Monday, marking the start of the new trading week with a renewed decline against the US Dollar (USD).
AUD/USD slips as strong USD and Fed expectations weigh
AUD/USD is trading lower after failing to hold above the 0.6600 psychological level, slipping back toward support following a sharp rejection at the recent high of 0.6625.
Forex Today: US data and trade developments remain in centre stage
The US Dollar (USD) added to the continuing rebound and fuelled confidence at the start of the week as investors assessed recent trade deals between the United States, Japan, and the European Union.
USD/CHF extends gains amid US-EU trade deal and broad Greenback demand.
The Swiss franc (CHF) loses ground against the US Dollar (USD) on Monday, dropping to its lowest level in over a week as renewed strength in the Greenback swept through currency markets.
Canadian PM Carney says its unlikely to obtain a trade deal without tariffs
Canadian Prime Minister Mark Carney noted on Monday while answering media questions that despite United States (US) President Donald Trump's claims that Canada is "difficult to deal with", trade talks are ongoing.
EUR/CHF weakens as Euro slides on 'unbalanced' transatlantic deal
The Euro (EUR) weakens against the Swiss Franc (CHF) on Monday as markets assess the broader implications of the newly announced US‑EU trade framework. The Euro is under broad pressure, as investors view the deal as one-sided and economically burdensome for the European Union (EU).
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