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The Aussie Dollar trades lower on Monday with fears of a regional war in the Middle East gripping markets.The US Dollar holds gains as the market awaits Iran's response to the US attack.Positive Australian business activity data has failed to support the AUD. The risk-sensitive Australian Dollar is

The situation in Israel and Iran has shown few signs of de-escalation, and while that is offering intermittent support to the dollar, it has so far failed to generate a major rebound in the greenback, ING's FX analyst Francesco Pesole notes. FOMC announcement looming on Wednesday "The main geopoliti

US President Donald Trump's decision to leave the G-7 conference in Canada was reportedly due to escalating tensions in the Middle East, raising questions about potential US involvement. However, Trump said that the reason why he went back to Washington D.C. is much bigger than that. Key quotes The

USD/CNH tests the immediate barrier at the upper boundary of the descending channel.The 14-day Relative Strength Index remains below the 50 level, indicating an ongoing bearish bias.The initial support appears at the seven-month low of 7.1644. The USD/CNH pair recovers its recent losses registered i

Euro (EUR) is strong and entering Thursday’s NA session with a 1.0% gain, propelled by the combination of trade-related sentiment and fundamentally-driven ECB headlines that have pushed it to levels last seen in November 2021, Scotiabank's Chief FX Strategist Shaun Osborne notes. EUR is propelled by

What began as a feel-good session fueled by soft U.S. CPI and news of a U.S.–China trade “framework” ended with risk appetite being dragged into the war bunker. The so-called trade breakthrough was enough to keep bulls nibbling in early trade, but geopolitical noise out of the Middle East turned tha

Oil prices retreat as the US-China deal fails to convince investors.The lack of details on the agreement has been received with a sceptical response.Technically, WTI Oil maintains its bullish stance while above $63.45. Oil prices are showing a moderate reversal on Wednesday, as the vague news about

A total of 52 out of 52 surveyed economists expect a quarter point ECB rate reduction today. 'How could so many economists possibly be wrong?', UBS' economist Paul Donovan asks. US economy is plagued by growth and inflation uncertainty "US President Trump is likely to become even more irate after cr