May 8, 2026 8:25 am
Key Moments EUR/USD trades with a mild bullish tone around 1.1730–1.1735 during Friday’s Asian session. It pauses after the previous day’s decline. However, uncertainty over a potential US–Iran peace deal weighs on sentiment. At the same time, renewed tensions in the Strait of Hormuz support the US Dollar. As a result, euro gains remain limited […]
Read moreMay 8, 2026 7:54 am
Key Moments USD/CHF traded around 0.7810 in Asian dealings on Friday, extending gains into a second session. US strikes near the Strait of Hormuz and subsequent responses from Iran kept geopolitical risk elevated, supporting a cautious market tone. Traders are focused on upcoming SECO Consumer Climate data in Switzerland and the US April jobs report, […]
Read moreMay 8, 2026 6:51 am
Key Moments AUD/JPY traded near 113.20 in early European dealings on Friday, maintaining gains above the 100-day EMA. Improved risk sentiment tied to a potential US-Iran truce supported AUD strength, while concerns over Japanese FX intervention limited JPY downside. Key technical levels included resistance at 113.65 and 114.75, with initial support at 112.50 and a […]
Read moreMay 8, 2026 6:36 am
Key Moments Bitcoin (BTC) trades below $80,000 on Friday, easing from recent record highs but still holding above key 50-day and 100-day EMAs. Renewed US military action against Iranian targets coincides with weaker risk appetite and a slide in the Crypto Fear and Greed Index to 46. Ondo (ONDO), World Liberty Financial (WLFI), and Virtuals […]
Read moreMay 8, 2026 6:28 am
Key Moments: EUR/JPY has been trading close to 184.00, remaining below both the nine-day and 50-day EMAs The 14-day RSI stands at 41.75, indicating continued downside pressure without oversold conditions Price action has kept EUR/JPY within reach of support at the 11-week low of 181.87 and the five-month low of 180.81 Bearish Bias Persists Below […]
Read moreMay 8, 2026 6:17 am
Key Moments USD/JPY traded near 156.85 in Friday’s Asian session as the Yen advanced against the Dollar. A source cited by Reuters reported that Japanese authorities intervened in FX markets during early May holidays, following Yen-buying on April 30. Markets focused on the upcoming US April employment report, with consensus pointing to 62,000 new jobs […]
Read moreMay 8, 2026 6:09 am
Key Moments GBP/USD trades with modest gains near 1.3560 during early Asian hours on Friday. Improved sentiment around a possible US-Iran peace arrangement weighs on the US Dollar’s safe-haven appeal. Markets look ahead to US April Nonfarm Payrolls, with consensus calling for 62,000 new jobs and a 4.3% Unemployment Rate. Sterling Advances Modestly Against the […]
Read moreMay 7, 2026 2:18 pm
Key Moments Commerzbank analysts expect the Mexican Peso to depreciate against the U.S. Dollar in the coming weeks as monetary policy regains market focus. Banxico has already delivered a 25-basis-point rate cut and is seen likely to reduce rates by another 25 basis points this week. Despite market pricing for two rate hikes over the […]
Read moreMay 7, 2026 2:02 pm
Key Moments USD/CAD trades around 1.3630, showing virtually no movement on Thursday. Expectations for a potential US-Iran deal pressure Crude Oil prices and weigh on the Canadian Dollar. Traders monitor upcoming US labor data, including Initial Jobless Claims and Nonfarm Payrolls. Rangebound Trading in USD/CAD USD/CAD is trading sideways near 1.3630 on Thursday at the […]
Read moreMay 7, 2026 1:24 pm
Key Moments GBP/USD trades around 1.3620, up 0.18%, supported by a weaker US Dollar and positive risk sentiment. US Dollar Index (DXY) is lower by 0.1% near 97.90 as markets monitor US-Iran developments and risk appetite. Technical outlook stays constructive with GBP/USD above its 20-day EMA at 1.3518 and key Fibonacci levels in focus. Dollar […]
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