Forex News

BNP Paribas reports China’s Gross Domestic Product (GDP) growth at 5.0% year-on-year in Q1 2026 and for 2025 overall, with a moderate slowdown expected in 2026. The bank highlights a K-shaped pattern, with strong exports but weak domestic demand and a persistent property crisis. Authorities are seen maintaining supportive but modest fiscal and monetary policies…

AUD/USD edges higher as a softer US Dollar supports the Aussie Expectations of further tightening from the RBA underpin the Australian Dollar. Technically, AUD/USD maintains a bullish bias on the daily chart, holding above the 20-day SMA. AUD/USD edges higher on Monday as traders reassess US-Iran tensions after tensions escalated over the weekend around the…

OCBC strategists Sim Moh Siong and Christopher Wong argue that Asian FX will likely unwind Friday’s rally after Iran’s renewed closure of the Strait of Hormuz. High‑beta KRW is seen leading the pullback, while TWD, INR, THB and PHP also soften on Oil sensitivity. Lower‑beta CNH and SGD may be less volatile but remain under…

USD/CHF breaks below 0.7800, testing critical trendline support zone. RSI weakens further, confirming sellers remain firmly in control. Break below 0.7747 exposes 0.7668 and deeper downside levels. The USD/CHF tests key support at a trendline after clearing the 50-day Simple Moving Average (SMA) at 0.7828 which exacerbated the breach of the 0.7800 figure, and testing…

USD/JPY holds within a one-month range as elevated Oil prices offset Dollar weakness. Geopolitical tensions in the Middle East continue to drive market sentiment, keeping traders on edge. Markets focus squarely on US-Iran developments, with the current two-week ceasefire set to expire on Wednesday. USD/JPY trades with a downside bias on Monday as the US…

Dow Jones Industrial Average futures finished Monday virtually unchanged from Friday’s close despite a weekend of sharply escalating US-Iran tensions. President Trump confirmed the US had fired on and seized an Iranian-flagged cargo ship in the Gulf of Oman, while Iran walked away from US-brokered peace talks in Pakistan. West Texas Intermediate (WTI) crude jumped…

Gold weakens as higher Oil prices and yields pressure bullion. Escalation around Hormuz keep traders focused on geopolitical headline risk. Markets now await Retail Sales, ADP data and Warsh’s hearing. Gold (XAU/USD) price begins the week on a lower note as risk appetite deteriorated amid the US-Iran conflict escalating over the weekend, while steady US…

The US Navy seized an Iranian cargo ship on Sunday after Iran re-closed the Strait of Hormuz over the weekend. Oil surged on Monday as the two-week US-Iran ceasefire heads toward Tuesday’s expiry with no deal in sight. Traders face a thin data docket this week, with US Retail Sales on Tuesday and global flash…

Commerzbank’s Tatha Ghose reviews the Turkish Lira (TRY) outlook ahead of the Turkish central bank’s (CBT’s) key rate decision. He notes inflation expectations for 2026 have risen and that officials appeared hesitant to signal hikes despite depleted reserves. The bank still expects a significant tightening step, warning that failure to deliver could trigger a sharper…