USD/JPY rose 0.37% on Tuesday, settling close to 159.40 after pushing as high as 159.65 during the US session.

OCBC strategists Sim Moh Siong and Christopher Wong highlight that USD/TWD has been grinding lower, supported by strong Taiwan equities, foreign inflows and robust tech exports. They note Taiwan Dollar (TWD) is re-coupling with the technology cycle and remains fundamentally supported.

The NZD/USD receded during the American session, recovering toward the 0.5880 area as the US Dollar (USD) lost some traction despite ongoing geopolitical risks and political pressure on the Federal Reserve.

The Australian Dollar retreats during the North American session, down more than 0.30%. High tensions in the Middle East, spurred by Iran’s decision not to attend talks with the US in Pakistan. At the time of writing, the AUD/USD trades at 0.7153 after hitting a daily high of 0.7185.

Donald Trump told CNBC's Squawk Box early Tuesday that he didn't want to extend the truce, warning Iran that time was running out. By Tuesday afternoon, the message had flipped.

Following the crypto market recovery over the past week, several Ethereum (ETH) onchain metrics are demonstrating notable changes.

BNY’s Bob Savage reports that Japan’s Financial System Report judges the banking system broadly stable, with sufficient capital to withstand severe stress scenarios.

South Korea Producer Price Index Growth (MoM) increased to 1.6% in March from previous 0.6%

South Korea Producer Price Index Growth (YoY) up to 4.1% in March from previous 2.4%

United States API Weekly Crude Oil Stock came in at -4.4M, below expectations (-1M) in April 17

MUFG’s Senior Currency Analyst Lloyd Chan argues that while geopolitical risks stay elevated, valuation metrics such as REER now show meaningful Rupiah undervaluation versus the US Dollar.

Arbitrum's (ARB) $71 million recovery of stolen funds linked to the KelpDAO exploit has triggered a broad debate over decentralization across the crypto community.

Commerzbank’s Charlie Lay and Henry Hao note that the People's Bank of China (PBoC) kept benchmark lending rates at record lows for an 11th straight month, with the one-year LPR at 3.0% and five-year at 3.5%.

Silver price tanks nearly 3.50% on Tuesday, clearing a key support trendline after printing a doji on Monday, as markets remained uncertain about the outcome of US-Iran talks. Heightened tensions and a ceasefire about to expire are pushing the precious metals segment into a tailspin.

BNY’s Bob Savage notes that New Zealand’s Consumer Price Index (CPI) accelerated to 0.9% q/q, keeping annual inflation at 3.1%, with strong non-tradeable components such as electricity and local authority rates.

The US Dollar Index (DXY) surged near the 98.40 area, even as Treasury yields edge lower and safe-haven demand fades slightly amid a fragile geopolitical backdrop.

Gold (XAU/USD) price tumbles by more than 2% on Tuesday amid a lack of confirmation of a second round of talks between the US and Iran in Pakistan. Conversely, Crude Oil prices edged higher, a tailwind for the Greenback given its positive correlation with WTI.

The countdown is on. With the US-Iran ceasefire set to expire late Wednesday, Tuesday delivered dueling statements from both sides that looked more like pre-conflict posturing than pre-deal diplomacy.

USD/CAD holds firm on Tuesday as the US Dollar (USD) steadies after recent weakness, although the pair lacks strong upside momentum as elevated Oil prices provide underlying support to the commodity-linked Canadian Dollar (CAD).

Rabobank’s Global Strategist Michael Every highlights a complex European backdrop for the Euro (EUR), with Ukraine’s battlefield gains, EU financing plans, and internal political splits.

Scotiabank strategists Shaun Osborne and Eric Theoret observes the Canadian Dollar (CAD) is modestly softer as USD stabilizes, but stresses the broader USD/CAD bear trend remains intact.

USD/JPY edges higher on Tuesday, supported by a modest rebound in the US Dollar (USD) as market sentiment turns risk-averse.

Dow Jones Industrial Average (DJIA) futures eased in Tuesday's session, with the contract printing a fresh overnight high near 49,800 before reversing sharply as traders digested a trio of hotter-than-expected US Retail Sales prints and hawkish testimony from Fed Chair-designate Kevin Warsh.

NZD/USD trades around 0.5900 on Tuesday at the time of writing, up 0.20% on the day, extending its rebound from the lows near 0.5850 recorded on Monday.

Pi Network (PI) is trading slightly above immediate support at $0.168 as of writing on Tuesday. PI’s deteriorating outlook aligns with the broader crypto market, faltering ahead of the United States (US)–Iran peace negotiations in Pakistan.

The AUD/USD fell near the 0.7160 level on Tuesday, maintaining a constructive tone as the US Dollar (USD) gained momentum amid destabilizing risk sentiment.

GBP/USD retreats, losing 0.18%, as the US Dollar recovers following a solid US Retail Sales report. Data in the UK reveals the labor market remains solid, while traders digest headlines from the Fed Chair nominee, Kevin Warsh, at the US Senate.