Japan Overall Household Spending (YoY) below forecasts (-0.7%) in February: Actual (-1.7%)
Japan Overall Household Spending (YoY) below forecasts (-0.7%) in February: Actual (-1.7%)
US President Donald Trump: Iran ceasefire proposal ‘significant’ but ‘not good enough’
US President Donald Trump said that the latest proposal for a US ceasefire with Iran is “not good enough,” ahead of his deadline for Iran to either reopen the Strait of Hormuz or face major attacks on its civilian infrastructure, CNBC reported on Monday.
Gold rebounds as traders watch Trump’s Iran deadline
Gold price (XAU/USD) recovers to near $4,660 during the early Asian session on Tuesday. The precious metal drifts higher as traders watch US President Donald Trump's Tuesday deadline for military strikes on Iranian infrastructure following the closure of the Strait of Hormuz.
Australia S&P Global Services PMI below forecasts (46.6) in March: Actual (46.3)
Australia S&P Global Services PMI below forecasts (46.6) in March: Actual (46.3)
GBP/JPY Price Forecast: Stalls below 211.50 on haven demand
GBP/JPY consolidates above the 211.00 figure yet remains unable to crack key resistance at the 211.50 psychological level due to an improvement in risk appetite, along with the 50-day Simple Moving Average (SMA) at 211.26 acting as a magnet.
Australia S&P Global Composite PMI came in at 46.6, below expectations (47) in March
Australia S&P Global Composite PMI came in at 46.6, below expectations (47) in March
GBP/USD steady above 1.32 after ISM miss weighs on the US Dollar
GBP/USD traded flat on Monday, settling close to 1.3240 in a thin session with the UK on Easter Monday holiday. The pair bounced modestly from last week's low near 1.3180, which marked the weakest level since mid-March, but the recovery has so far been shallow.
USD/JPY steady near 160.00 as weak ISM data offsets geopolitical bid
USD/JPY traded flat on Monday, edging up less than 0.1% to settle around 159.60 in a quiet session ahead of the US data release.
AUD/USD rises toward 0.6920 as sentiment improves, Iran wary
The Australian Dollar rallied by over 0.50% amid an improvement in risk appetite, though gains were capped by Iran’s rejection of a ceasefire deal, pushing traders to trim long positions in the AUD/USD pair. At the time of writing, the pair trades at 0.6918, still above its opening price.
NZD/USD rises as ceasefire hopes weigh on US Dollar ahead of RBNZ decision
The NZD/USD pair trades with a bullish tone near the 0.5710 region on Tuesday, as the US Dollar (USD) softens amid improving risk sentiment driven by ceasefire hopes in the Middle East.
USD/CHF Price Forecast: Rejected at 0.8000 as double top looms
USD/CHF failed to clear key resistance at 0.8000 on Monday, recoiling to the 0.7900 handle as a double-top chart pattern looms. At the time of writing, the pair trades at 0.7979, down 0.18%.
Dow Jones Industrial Average rises as ceasefire talks lift sentiment
The Dow Jones Industrial Average (DJIA) gained a scant 120 points, or 0.3%, on Monday in the first session following the Good Friday market closure. The index pushed toward 46,700 in early trading before fading through the midday session and ultimately settling around 46,500.