AUD/USD slipped 0.42% on Monday, settling near 0.6850 and extending its losing streak to five consecutive sessions. The pair has now fallen over 300 pips from its year-to-date high close to 0.7190 set in mid-March, with the pace of selling accelerating through late March.
The USD/CHF pair rallies for the fifth straight trading day on Monday, up by more than 0.14% as buyers push the pair towards 0.8000 for the first time since mid January.
The US Dollar Index (DXY) rose to the 100.50 region, holding firm amid safe-haven demand following hawkish remarks by United States (US) President Donald Trump, who warned that the US could take a tougher stance against Iran if tensions continue to escalate.
DBS Group Research economists analyses Asia’s bond markets under the current geopolitical shock. The note says India and Indonesia have seen yields rise but less dramatically than Western peers, while South Korea faces greater volatility.
BNY’s Head of Markets Macro Strategy Bob Savage highlights that improving regional PMI momentum, South Korea’s WGBI inclusion and solid export data support growth across Asia-Pacific, but geopolitical uncertainty and higher Oil prices weigh on FX.
Gold (XAU/USD) price clings to solid gains of almost 1% on Monday as the US Dollar (USD) remains strong, while US Treasury yields decline, despite expectations that the Federal Reserve (Fed) will keep interest rates on hold in 2026.
The US Dollar Index (DXY), which tracks the Greenback’s value against a basket of six major currencies, extends its advance on Monday, climbing back toward the ten-month highs reached earlier this month as demand for the US Dollar (USD) remains firm amid escalating tensions in the Middle East.
The British Pound (GBP) edges lower against the Japanese Yen (JPY) on Monday as the Yen strengthens across the board after Japanese authorities stepped up verbal intervention following USD/JPY’s move toward the 160.00 level, a threshold that has previously triggered official action.
The AUD/USD pair is trading with a bearish bias around the 0.6850 region on Monday, as markets react to fresh geopolitical developments and central bank expectations.
West Texas Intermediate (WTI) US Crude Oil held above the $100 per barrel mark on Monday, trading in a wide intraday range that saw prices spike toward session highs near $101 before a sharp, short-lived dip back below $98.
The British Pound (GBP) collapses on Monday as Middle East escalations push the US Dollar (USD) higher, while Oil prices extend their gains for the fourth consecutive trading day. At the time of writing, the GBP/USD trades at 1.3184, down by more than 0.50%, hitting a four-month low.
The Dow Jones Industrial Average (DJIA) trades higher on Monday, adding back around 415 points in a thin recovery from last week's late plunge as President Donald Trump suggested a resolution to the war with Iran may be within reach. The S&P 500 rose 0.5% and the Nasdaq Composite gained 0.3%.
