The USD/CAD pair gathers strength to around 1.3750 during the Asian trading hours on Tuesday. Uncertainty and the ongoing US-Israel war on Iran continue to boost the US Dollar (USD) against the Canadian Dollar (CAD).

NZD/USD has pared its recent gains from the previous day, trading around 0.5830 during the Asian session on Tuesday. The pair depreciates as the US Dollar (USD) gains on increased risk aversion after the Israeli military said it had launched a fresh wave of strikes on Tehran.

Silver (XAG/USD) struggles to capitalize on the previous day's solid recovery move from the $61.00 mark, or its lowest level since December 12, and meets with a fresh supply during the Asian session on Tuesday.

EUR/USD loses ground after registering modest gains in the previous session, trading around 1.1590 during the Asian hours on Tuesday. The pair depreciates as the US Dollar (USD) gains on increased risk aversion amid escalating Middle East conflict.

Japanese Prime Minister Sanae Takaichi said on X post on Tuesday that the country will start releasing national oil reserves from Thursday.

The USD/JPY pair holds positive ground near 158.55 during the early Asian session on Tuesday. The Japanese Yen (JPY) softens against the US Dollar (USD) after the cooler-than-expected inflation report.

West Texas Intermediate (WTI) Crude Oil prices gain traction in Asian trading Tuesday, building on Monday’s rebound from the $84.00 mark, a near two-week low. The commodity climbs above the mid-$90.00s, supported by supply fears.

The People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead on Tuesday at 6.8943 compared to the previous day's fix of 6.9041 and 6.8840 Reuters estimate.

21Shares has projected a HYPE rally toward $100, citing strong tokenomics, rising trading volumes, and expanding use cases on the Hyperliquid platform, according to a report on Monday.

The Israeli military said it had launched a fresh wave of strikes on Tehran, the Guardian reported on Tuesday. This action came after US President Donald Trump signalled a pause in US attacks against energy infrastructure after what he said were productive talks with Iran.

Japan’s Finance Minister Satsuki Katayama said on Tuesday that she plans to compile a temporary budget for 11 days. Katayama further stated that the government will use 800 billion yen reserve funds to finance gasoline subsidies. 

Bloomberg reported on Tuesday that the European Union (EU) and Australia agreed to a free-trade deal and broader partnership, wrapping up almost a decade of talks as the two sides push to tighten ties and reinvigorate a rules-based order that’s under assault from the US President Donald Trump admini

Japan Jibun Bank Manufacturing PMI registered at 51.4, below expectations (52.8) in March

Japan Jibun Bank Services PMI down to 52.8 in March from previous 53.8

Iran’s Foreign Ministry, Abbas Araghchi, stated that there was “no dialogue” between Tehran and Washington. Meanwhile, Iranian Parliament Speaker Mohammad Bagher Ghalibaf said in a social media post on Monday that “no negotiations have been held with the US.”

San Francisco Federal Reserve Bank President Mary Daly said that unless the Iran conflict resolves quickly and the central bank can simply "look through" a temporary increase in oil prices, it is not clear what the next move on interest rates will need to be, Reuters reported on Monday.

Reserve Bank of New Zealand (RBNZ) Governor Anna Breman said on Tuesday that she sees near-term inflation lift, driven by energy shocks. Breman signaled readiness to act if medium-term inflation risks build.

Japan’s National Consumer Price Index (CPI) rose by 1.3% YoY in February, compared to the previous reading of 1.5%, according to the latest data released by the Japan Statistics Bureau on Tuesday.

Japan National CPI ex Food, Energy (YoY) fell from previous 2.6% to 2.5% in February

Japan National CPI ex Fresh Food (YoY) registered at 1.6%, below expectations (1.7%) in February

Japan National Consumer Price Index (YoY) fell from previous 1.5% to 1.3% in February

GBP/USD rallied about 0.5% on Monday, recovering from an early dip near 1.3260 to trade around 1.3430 by the end of the session.

Gold price (XAU/USD) recovers some lost ground to near $4,440 during the early Asian session on Tuesday.

AUD/USD walloped both sides of the bid on Monday, sliding to about 0.6980 and extending a sharp pullback from the March high near 0.7120. The pair has now dropped over 200 pips from that peak in less than a week, breaking below the 0.7000 round number for the first time since early February.

The preliminary reading of Australia's S&P Global Manufacturing Purchasing Managers Index (PMI) declined to 50.1 in March versus 51.0 prior, the latest data published by S&P Global showed on Tuesday.

The US Dollar Index (DXY) swung wildly on Monday, briefly pushing above the 100.00 level to a session high near 100.15 on early safe-haven demand before reversing sharply to settle around 99.12, down roughly 0.5% on the day.

Australia S&P Global Composite PMI: 47 (March) vs previous 52.4