Germany Harmonized Index of Consumer Prices (MoM) meets forecasts (0.5%) in April
Germany Harmonized Index of Consumer Prices (MoM) meets forecasts (0.5%) in April
Germany Consumer Price Index (YoY) meets forecasts (2.9%) in April
Germany Consumer Price Index (YoY) meets forecasts (2.9%) in April
WTI rises to near $96.00 as supply concerns prevail
West Texas Intermediate (WTI) oil price extends its gains for the second successive day, trading around $95.80 during the Asian hours on Tuesday. Crude oil prices are surging as Middle East tensions are threatening the world’s most critical energy transit route.
Australian Dollar trades with caution in countdown to the Budget release
The Australian Dollar (AUD) trades cautiously against its major currency peers, is 0.23% down to near 0.7230 against the US Dollar (USD), during the late Asian trading session on Tuesday. The antipodean will likely remain volatile ahead of the Australian Budget release for 2026 at 09:30 GMT.
Asian stocks wobble amid Iran ceasefire risks, ahead of US inflation data
Asian stock markets trade mixed on Tuesday as investors remain on edge amid fading hopes for a US-Iran peace deal and de-escalation of tensions in the Middle East.
Japanese Yen softens ahead of US CPI inflation data
The USD/JPY pair gains momentum to near 157.55 during the early European trading hours on Tuesday. Renewed geopolitical tensions in the Middle East lift the US Dollar (USD) against the Japanese Yen (JPY).
Japan Coincident Index: 116.5 (March) vs 116.3
Japan Coincident Index: 116.5 (March) vs 116.3
US Dollar: Risk sentiment offsets data support – MUFG
MUFG’s strategists note that the US Dollar (USD) has weakened despite solid United States (US) jobs data, as optimism over a potential US/Iran deal and surging US equities support risk appetite.
US Dollar: Risk sentiment offsets data support – MUFG
MUFG’s strategists note that the US Dollar (USD) has weakened despite solid United States (US) jobs data, as optimism over a potential US/Iran deal and surging US equities support risk appetite.
Japan Leading Economic Index registered at 114.5, below expectations (114.6) in March
Japan Leading Economic Index registered at 114.5, below expectations (114.6) in March
EUR/USD Price Forecast: Falls toward 1.1750 near nine-day EMA
EUR/USD extends its losses for the second successive day, trading around 1.1760 during the Asian hours on Tuesday. The daily chart technical analysis indicates an ongoing bullish bias as the pair is remaining within the ascending channel pattern.
AUD/JPY Price Forecast: Holds gains above 114.00, bullish momentum prevails
The AUD/JPY cross gathers strength near 114.00 during the early European trading hours on Tuesday. A hawkish tone from the Reserve Bank of Australia (RBA) provides some support to the Australian Dollar (AUD) against the Japanese Yen (JPY).