Danske Research Team notes that EUR/USD briefly touched a new two‑month low near 1.1500 at the start of the week before retracing slightly higher. They highlight concurrent V-shaped moves in global yields and modest curve steepening.

Germany’s industrial sector activity rebounds in April, the latest data published by Destatis showed on Tuesday.

Germany Industrial Production n.s.a. w.d.a. (YoY) climbed from previous -2.8% to -0.5% in April

Germany Imports (MoM) down to 1.2% in April from previous 5.1%

Germany Trade Balance s.a. below forecasts (€15B) in April: Actual (€14.5B)

Germany Exports (MoM) came in at 0.9%, above expectations (-0.3%) in April

Germany Industrial Production s.a. (MoM) in line with forecasts (0.4%) in April

Silver price (XAG/USD) trades marginally lower at around $67.90 during the European trading session on Tuesday. The white metal faces slight selling pressure as investors turn cautious ahead of the United States (US) Consumer Price Index (CPI) data for May, which will be published on Wednesday.

Indonesia Bank Indonesia Rate: 5.5% vs 5.25%

The Bank of Japan (BoJ) is widely expected to raise its short-term policy interest rate from 0.75% to 1.0% at its upcoming monetary policy meeting on June 15–16, Nikkei reported on Tuesday.

Meme coins are struggling to extend their recent rebound on Tuesday as bearish momentum re-emerges following the massive correction in the previous week. Dogecoin (DOGE) trades lower after rejecting key resistance; Shiba Inu (SHIB) remains under pressure; and Pepe (PEPE) shows signs of exhaustion.

The EUR/USD pair gathers strength near 1.1545 during the early European trading hours on Tuesday, bolstered by the hawkish stance of the European Central Bank (ECB). Traders brace for the US Consumer Price Index (CPI) data on Wednesday.

The USD/JPY pair struggles to build on a modest Asian session uptick on Tuesday and remains below its highest level since April 30, set the previous day. Spot prices, however, hold above the 160.00 psychological mark and seem unaffected by a broadly weaker US Dollar (USD).

The Indian Rupee (INR) rebounds against the US Dollar (USD) at open on Tuesday after a sharp decline the previous day. The USD/INR pair drops to near 95.50 as oil prices tumble, following reports of a ceasefire between Israel and Iran after the exchange of attacks over the weekend.

USD/IDR extends its winning streak for the fifth successive day, trading around 18,200 during the Asian hours on Tuesday, nearing the all-time high of 18,247 reached in the previous day.

US President Donald Trump said that he might have a proposal for an Iran agreement within days, Reuters reported on Tuesday.

Gold prices remained broadly unchanged in India on Tuesday, according to data compiled by FXStreet.

West Texas Intermediate (WTI) – the benchmark US Crude Oil price – extends the previous day's sharp retracement slide from the vicinity of mid-$93.00s and attracts some follow-through selling during the Asian session on Tuesday.

Netherlands, The Consumer Price Index n.s.a (YoY) meets forecasts (3.5%) in May

Netherlands, The Consumer Spending Volume up to 1% in April from previous 0.9%

The EUR/JPY cross holds positive ground around 184.85 during the early European session on Tuesday. A hawkish stance from the European Central Bank (ECB) underpins the Euro (EUR) against the Japanese Yen (JPY). The ECB will hold its June monetary policy meeting on Thursday.

NZD/USD gains ground for the second successive day, trading around 0.5810 during the Asian hours on Tuesday. Technical analysis of the daily chart suggests the spot price is moving sideways within a rectangle pattern, reflecting a period of market consolidation and indecision.

Ripple (XRP) and Stellar (XLM) remain under pressure on Tuesday after a mild recovery following a massive correction in the previous week.

Gold (XAU/USD) struggles to capitalize on the previous day's late recovery from the $4,267-$4,268 region, or the lowest level since March 23, and oscillates in a narrow band during the Asian session on Tuesday.

The AUD/JPY cross posts modest gains near 112.90 during the Asian trading hours on Tuesday. A larger-than-expected China trade surplus provides some support to the China-proxy Australian Dollar (AUD). Markets are on high alert for foreign exchange intervention from Japanese authorities.

The broader cryptocurrency market remains under pressure, with Bitcoin (BTC) trading around $62,000 on Tuesday, while market-wide Open Interest stabilizes after hitting a two-month low.

The Australian Dollar (AUD) remains steady against its major currency peers, trading flat around 0.7050 during the Asian trading session on Tuesday. The Aussie pair consolidates even as the Chinese Trade Balance data for May has come in stronger than expected.