The EUR/USD pair loses momentum to near 1.1580 during the early European session on Tuesday. The Euro (EUR) weakens against the Greenback as escalating geopolitical tensions in the Middle East drive traders toward a safe-haven currency.
The NZD/USD pair continues with its struggle to make it through a technically significant 200-day Simple Moving Average (SMA) and attracts fresh sellers during the Asian session on Tuesday.
The USD/JPY pair attracts some dip-buyers following the previous day's pullback of around 165 pips from the vicinity of its highest level since July 2024, and climbs to the 158.75-158.80 region during the Asian session on Tuesday.
The EUR/JPY cross loses ground to near 183.85 during the early European session on Tuesday. The Japanese Yen (JPY) strengthens against the Euro (EUR) amid the ongoing conflict in the Middle East, which boosts safe-haven flows.
USD/CHF has recovered its recent losses from the previous day, trading around 0.7880 during the Asian session on Tuesday. The pair gains ground as the US Dollar (USD) receives support amid rising geopolitical tensions.
The Australian Dollar (AUD) trades lower against its major currency peers, trading 0.6% down to near 0.6760 during the Asian trading session on Tuesday.
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.
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.
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.
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.
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 Euro recovers some ground versus the US Dollar on Monday, up by 0.37%, after US President Donald Trump announced a five-day truce following productive talks between Tehran and Washington, as revealed on his social network. The EUR/USD trades at 1.1613 after bouncing off daily lows near 1.1484.
The NZD/USD pair is trading near the 0.5860 price region at the start of the Asian session, having receded almost half its intraday gains late in the American session.
AUD/USD trades little changed on Monday after recovering from earlier losses, following US President Donald Trump's decision to delay planned strikes on Iran’s energy infrastructure, easing immediate geopolitical tensions and improving overall risk appetite.
USD/CHF trades lower around 0.7870 on Monday, down 0.12% at the time of writing, as the US Dollar (USD) weakens following a temporary easing of geopolitical tensions in the Middle East.
The EUR/JPY cross trades in a tight range around the 184.00 price region, even retracing some of its intraday gains, though risk appetite remains high. The Japanese Yen (JPY) is gaining ground against the Euro (EUR).
The Pound Sterling appreciates sharply against the US Dollar on Monday after US President Donald Trump delayed further military action against Iran, adding that talks between the two countries were productive and could end hostilities in the Middle East.
NZD/USD trades around 0.5850 on Monday at the time of writing, up 0.24% on the day, benefiting from a broader pullback in the US Dollar (USD) amid a relative easing of geopolitical tensions.
BNP Paribas projects Eurozone growth at 1.6% in 2026, supported by German fiscal measures, higher military and AI-related investment, and a resilient labour market. Inflation is expected to stay below 2% in 2026 before gradually accelerating in 2027.
EUR/USD rebounds on Monday, erasing earlier losses as the Euro (EUR) gains traction amid broad US Dollar weakness after President Donald Trump delayed planned strikes on Iran, reducing safe-haven demand for the Greenback.
MUFG analysts see recent Yen weakness as fundamentally justified and expect further downside for the Japanese Yen if the Middle East crisis persists.
USD/JPY falls by 0.40% on Monday and trades around 158.60 at the time of writing, after dropping from the 159.60 area to an intraday low near 158.25, as the US Dollar (USD) weakens following an unexpected geopolitical development.
The Canadian Dollar (CAD) struggles for direction against the US Dollar (USD) on Monday, even as the Greenback weakens following US President Donald Trump’s decision to postpone planned strikes on Iranian energy infrastructure
ING’s Francesco Pesole notes that EUR/GBP is trading modestly above his team’s short‑term fair value estimate.
OCBC highlights that the Bank of England’s (BoE) latest communication has triggered aggressive market repricing, with almost 85 bps of hikes now priced for 2026. This makes the bank’s previously expected BoE cut in 3Q26 less certain, with an extended hold more plausible.
MUFG Bank analysts note the Swiss Franc (CHF) has underperformed other G10 currencies since the Middle East conflict began, as the Swiss National Bank (SNB) has strongly signalled a willingness to counter excessive CHF strength.
The AUD/USD pair trades heavily volatile during the European trading session on Monday after the announcement from United States (US) President Donald Trump that he has instructed the Department of War to pause scheduled military attacks on Iranian power plants for five days.
BNY’s Head of Markets Macro Strategy Bob Savage argues that the European Central Bank’s (ECB) hawkish tilt in response to the Iran-driven energy shock has pushed Eurozone front-end rates higher, even as inflation expectations remain contained.
EUR/JPY rebounds from its intraday lows but remains down 0.30% on Monday, trading near 183.65 at the time of writing, as the Japanese Yen (JPY) loses some ground following signs of geopolitical de-escalation.