May 12, 2026 12:35 pm
Key Moments EUR/GBP touched a three-week high at 0.8697 before easing to around 0.8679, up about 0.25% on the day. UK political pressure on Prime Minister Keir Starmer weighed on the Pound, while the Euro also struggled amid Middle East-related energy concerns. The cross remains capped beneath the 100-day and 200-day SMAs, with initial resistance […]
Read moreMay 12, 2026 11:01 am
Key Moments GBP/USD trades near 1.3530 on Tuesday, down 0.59%, as risk aversion favors the US Dollar. US political tensions with Iran and upcoming US CPI data underpin a 0.35% rise in the DXY to around 98.30. UK Labour Party setbacks and calls for Prime Minister Keir Starmer to resign add pressure on Sterling ahead […]
Read moreMay 12, 2026 10:12 am
Key Moments Bitcoin was up 0.5% at $81,276.1 by 01:06 ET (05:06 GMT), after touching $82,000 over the weekend. Reports that U.S. President Donald Trump is weighing additional military options against Iran kept risk appetite subdued. Traders are focused on upcoming U.S. CPI data for signs that higher oil and gas prices from the Iran […]
Read moreMay 12, 2026 9:22 am
Key Moments GBP/JPY trades near 213.00, down more than 0.40% as heavy selling emerges. Stronger safe-haven demand for JPY follows signals of joint US-Japan action on FX volatility and a hawkish BoJ tone. UK political turmoil, with over 70 Labour MPs urging Prime Minister Keir Starmer to resign, further pressures the Pound. GBP/JPY Retreats After […]
Read moreMay 12, 2026 8:59 am
Key Moments NZD/USD trades near 0.5940, extending declines into a second consecutive session during early European hours on Tuesday. Renewed U.S.-Iran tensions and a potential return to military action support safe-haven flows into the U.S. Dollar. Expectations that the RBNZ may keep a cautious bias or consider tightening to steer inflation back to 2% could […]
Read moreMay 12, 2026 8:41 am
Key Moments AUD/USD retreats toward the 0.7200 area as renewed US-Iran tensions support demand for the US Dollar. Market focus turns to the upcoming US CPI release, which is set to shape expectations for a potential Fed rate hike by year-end. The pair remains above the 100-period EMA near 0.7184, with technical indicators signaling a […]
Read moreMay 12, 2026 7:40 am
Key Moments EUR/USD trades near 1.1760 during Asian hours on Tuesday, extending a two-day pullback within an overall ascending channel. The pair remains above both the nine-period and 50-period EMAs, with a 14-day RSI around 56 signaling still-positive, non-overbought momentum. Key resistance stands at the 12-week high of 1.1849, while immediate support emerges around the […]
Read moreMay 12, 2026 7:26 am
Key Moments Japan is estimated to have spent over $60 billion on recent currency interventions, with limited lasting impact on USD/JPY. USD/JPY has climbed back above 157.00 despite a mixed dollar, underscoring persistent yen weakness driven by domestic fundamentals. Japan’s ministry of finance faces constraints from IMF warnings and the structure of its $1.2 trillion […]
Read moreMay 12, 2026 7:10 am
Key Moments AUD/JPY trades near 114.00 in early European hours on Tuesday, supported by a bullish technical backdrop. The Reserve Bank of Australia signals a potential policy rate of 4.70% by the end of 2026, with no cuts expected until 2028. Prospects of further Japanese intervention and reaffirmed Japan-US cooperation on currency moves may limit […]
Read moreMay 12, 2026 6:56 am
Key Moments USD/CHF extends gains for a second session, trading above 0.7800 but still close to a nearly two-month low hit last Friday. Traders focus on upcoming U.S. CPI data and possible Federal Reserve rate hike prospects, while rising U.S.-Iran tensions support the Dollar. Price action remains constrained below the 200-period 4-hour SMA at 0.7873, […]
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