The Australian Dollar rallied by over 0.50% amid an improvement in risk appetite, though gains were capped by Iran’s rejection of a ceasefire deal, pushing traders to trim long positions in the AUD/USD pair. At the time of writing, the pair trades at 0.6918, still above its opening price.
Ethereum (ETH) treasury firm BitMine Immersion Technologies (BMNR) increased its stash of the top altcoin following another round of weekly acquisition.
USD/CHF fails to clear key resistance at 0.8000, recoiling to the 0.7900 handle as a double-top chart pattern loom. At the time of writing, the pair trades at 0.7979, down 0.18%.
The Dow Jones Industrial Average gained a scant 120 points, or 0.3%, on Monday in the first session following the Good Friday market closure. The index pushed toward 46,700 in early trading before fading through the midday session and ultimately settling around 46,500.
The US Dollar Index (DXY) fell towards the 100.00 area on Monday as markets were weighed by United States (US) President Donald Trump’s latest Strait of Hormuz ultimatum against growing hopes for a ceasefire framework between the US and Iran.
UOB Global Economics & Markets Research highlights that Vietnam’s headline CPI jumped to 4.65% year-on-year in March 2026, driven by higher energy costs, pushing inflation above the State Bank of Vietnam’s 4.5% target.
WTI Crude Oil saw sharply diverging price action across the spot and futures markets on Monday. May futures spiked to about $115 in early dealing, before pulling back near $112, roughly flat against Thursday's settlement.
Gold (XAU/USD) price recoiled during the North American session on Monday after hitting a daily high of $4,706, but news that an agreement between the US and Iran seems unlikely, along with military preparations for potential strikes, drove the yellow metal lower.
Silver (XAG/USD) trades in a narrow range on Monday as geopolitical tensions in the Middle East keep markets on edge, while traders refrain from placing aggressive directional bets amid conflicting headlines over efforts to end the US-Iran war.
Strategy (MSTR) purchased 4,781 BTC for approximately $330 million last week, according to a Form 8-K filing with the Securities and Exchange Commission (SEC) on Monday.
Spot Gold consolidates at around $4,660 on Monday, little changed on a daily basis, yet lower compared to Friday’s close. Financial markets are all about sentiment at the beginning of the week, with the mood swinging at the rhythm of Iran war headlines.
The US Dollar Index (DXY) struggled to crimp downside momentum near the 100.00 handle on Monday after a volatile day that saw the index slide from overnight highs near 100.30 down to a session low near 99.75 before staging a late recovery.
The British Pound advanced by over 0.40% on Monday as US President Donald Trump extended Iran’s ultimatum until April 7, while rumours of a possible de-escalation weighed on the American Dollar. The GBP/USD trades around the 1.3240 figure at the time of writing.
The Canadian Dollar (CAD) gains traction against the US Dollar (USD) on Monday as traders react to evolving geopolitical developments in the US-Iran war. At the time of writing, USD/CAD is trading around 1.1315, hovering near four-month highs.
Donald Trump, United States (US) President, said that he is very upset that guns were supposed to go to protesters, but were kept by a certain group. He added that they’re going to pay a big price for that at a speech in Washington on Monday.
The EUR/USD pair is trading near the 1.1570 price zone on Monday as the US Dollar (USD) loses momentum amid relative easing concerns about the Iran war.
BNY’s Bob Savage focuses on rising FX intervention and fragile sentiment in Asia-Pacific (APAC) as higher Oil and geopolitical risks pressure regional currencies.
USD/JPY trades with a slightly softer tone on Monday as the Japanese Yen (JPY) finds modest support as the US Dollar (USD) weakens broadly, with traders assessing fresh geopolitical developments, including reports of potential ceasefire talks between the United States and Iran.
TD Securities strategists Robert Both and Emma Lawrence highlight that Canadian rates are opening weaker, with yields tracking US moves and geopolitical tensions. They expect CAD employment to show only a modest rebound and see imported volatility dominating.
OCBC strategists Sim Moh Siong and Christopher Wong argue that market hopes for de-escalation in the US–Iran conflict look premature for Brent.
MUFG’s Senior Currency Analyst Lloyd Chan highlights that Asia is highly exposed to potential energy flow disruptions through the Strait of Hormuz. An extended energy shock would raise inflation, worsen current accounts and hurt growth, leaving KRW, PHP and THB vulnerable.
EUR/GBP trades with a negative bias on Monday as diplomatic efforts to end the US-Iran war lift market sentiment and support risk-sensitive currencies, with the British Pound (GBP) relatively outperforming the Euro (EUR).
TD Securities analysts expect US ISM Services to soften in March as geopolitical uncertainty from Iran weighs on sentiment. They forecast the index to fall to 54.2, reversing February’s gain, with most components slowing and employment slipping back into contraction.
Commerzbank’s Dr. Henry Hao and Moses Lim note that Indonesia March CPI slowed to 3.5% year-on-year, back within Bank Indonesia’s (BI) target range, but warns that Middle East conflict and higher freight costs pose upside inflation risks.