AUD/USD surges past 0.7050 as Trump suspends Iran strikes for two weeks
AUD/USD surged over 1.3% on Tuesday, rallying from around 0.6970 to trade close to 0.7060 by the close of the session.
EUR/USD climbs above 1.1650 after Trump agrees to two-week ceasefire with Iran
The EUR/USD pair surges to around 1.1670 during the early Asian session on Wednesday. The Euro (EUR) strengthens against the Greenback after US President Donald Trump agrees to a two-week ceasefire with Iran.
Breaking: US President Donald Trump delays bombing for two weeks
US President Donald Trump revealed via a post in Truth Social that he's suspending the attacks by two weeks on Iran. His full post in his account in Truth Social said:
South Korea Current Account Balance climbed from previous 13.26B to 23.19B in February
South Korea Current Account Balance climbed from previous 13.26B to 23.19B in February
NZD: RBNZ seen steady as markets overprice hikes – TD Securities
TD Securities’ Global Strategy Team expects the Reserve Bank of New Zealand to leave the Official Cash Rate unchanged, in line with market consensus. The analysts think RBNZ communication will stress patience in responding to supply shocks while the economy runs below capacity.
NZD/USD stays neutral ahead of RBNZ decision as geopolitical risks and policy outlook weigh
The NZD/USD pair is trading near the 0.5720 region on Wednesday, holding a neutral tone as the US Dollar (USD) remains supported by safe-haven demand while traders brace for the Reserve Bank of New Zealand (RBNZ) monetary policy decision.
Asia FX: Cautious outlook with Iran risks – MUFG
MUFG’s Senior Currency Analyst Michael Wan highlights that escalating tensions between the US and Iran, including threats over the Strait of Hormuz (SoH), keep the path to peace narrow and uncertain.
USD/JPY tests 160.00 as ceasefire uncertainty keeps the Yen under pressure
Trump's 8 pm ET deadline for Iran to reopen the Strait of Hormuz looms as ceasefire talks stall and oil tops $100.
AUD/USD edges higher as ceasefire hopes lift risk appetite ahead of deadline
AUD/USD rose around 0.4% on Tuesday, recovering from early session lows near 0.6900 to trade close to 0.6950. The pair pushed briefly toward the 0.6980 area during the session, its highest level in over a week, as ceasefire optimism fueled a broad improvement in risk sentiment.
Pakistan asks Trump to extend Iran deadline by two weeks
Pakistan requested on Tuesday a two-week extension of the deadline set by US President Donald Trump for Iran to reach a deal or reopen the Strait of Hormuz.
United States API Weekly Crude Oil Stock fell from previous 10.263M to 3.719M in April 3
United States API Weekly Crude Oil Stock fell from previous 10.263M to 3.719M in April 3
Philippines: Inflation forecast lifted as BSP seen on hold – UOB
UOB economists Julia Goh and Loke Siew Ting report that Philippine headline inflation jumped above the BSP target in March, driven by higher transport, electricity and food costs and a weaker Philippine Peso (PHP).