Forex Today: US Dollar stays resilient as Hormuz tensions keep markets on edge

The US Dollar Index (DXY) held firm near the 98.60 area as investors continued to favor the Greenback amid lingering uncertainty around the US-Iran...

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IDR: Policy on hold as BI defends currency – ING

ING’s Deepali Bhargava notes that Bank Indonesia (BI) kept its policy rate at 4.75%, focusing on Indonesian Rupiah (IDR) stability rather than...

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USD/SGD: Defensive profile shapes tactical trades – OCBC

OCBC’s Christopher Wong notes that USD/SGD has rebounded on stalled US–Iran ceasefire talks, with fading bearish momentum and rising...

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Tesla stock jumps 4% after earnings, revenue beats in Q1

Tesla (TSLA) shares bounced over 3% initially afterhours on Wednesday as the electric vehicle (EV) and battery concern run by CEO Elon Musk reported adjusted earnings and revenue that beat Wall Street...

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IDR: Stability-first stance supports currency – Societe Generale

Societe Generale analysts Kunal Kundu and Galvin Chia note that Bank Indonesia (BI) kept its policy rate at 4.75% and retained its 2.5% ±1% inflation target, emphasizing a stability-first...

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AUD/USD holds near 0.7160 as Hormuz risks cap Aussie upside today

AUD/USD is stuck within a range as Middle East geopolitical tensions remain high, with US President Trump extending the ceasefire while Iran seized two container ships in the Strait of...

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USD/KRW: Rebound possible before proxy sell trade – OCBC

OCBC’s Christopher Wong observes that USD/KRW’s earlier decline has stalled, with bearish momentum fading and RSI recovering from oversold...

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NZD/USD struggles to extend gains as USD demand persists

The NZD/USD pair is trading with a cautious tone around the 0.5910 region on Thursday, as the US Dollar (USD) maintains a firm footing despite a modest pullback in US Treasury...

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USD/JPY steadies ahead of Japan CPI and US PMIs

USD/JPY was little changed on Wednesday, hovering close to 159.50 in a narrow session after Tuesday's push to 159.64. Price has been confined between 159.10 and 159.60 through the midweek stretch, with overlapping small-bodied candles pointing to...

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GBP/USD holds near 1.35 as UK PMIs and retail sales loom

GBP/USD was little changed on Wednesday, settling close to 1.3510 after a choppy session that reached 1.3540 in London hours before fading toward 1.3490. Price has been pinned inside a 65-pip band through midweek, with long upper and lower wicks pointing to two-way...

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USD/IDR: Valuations support rupiah stability – MUFG

MUFG’s Senior Currency Analyst Lloyd Chan argues that while geopolitical risks stay elevated, valuation metrics such as REER now show meaningful Rupiah undervaluation versus the US...

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S&P 500 prints new highs as Oil surge fails to rattle risk

Stocks powered to fresh highs, riding a wave of earnings strength and a last-minute ceasefire extension that flipped risk back on after a brief retreat, while bitcoin caught the same tailwind and surged alongside the equity...

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S&P 500 prints new highs as Oil surge fails to rattle risk

Stocks powered to fresh highs, riding a wave of earnings strength and a last-minute ceasefire extension that flipped risk back on after a brief retreat, while bitcoin caught the same tailwind and surged alongside the equity...

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Australia's S&P Global Manufacturing PMI rises to 51.0 in April

The preliminary reading of Australia's S&P Global Manufacturing Purchasing Managers Index (PMI) jumped to 51.0 in April versus 49.8 prior, the latest data published by S&P Global showed on...

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Gold drifts lower below $4,750 amid Trump’s extension of a ceasefire with Iran

Gold price (XAU/USD) trades in negative territory near $4,730 during the early Asian session on Thursday. The precious metal declines as traders remain cautious over US-Iran peace talks to end the nearly two-month war that has intensified global inflation...

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US President Donald Trump says there is no time frame on Iran war

The White House said that US President Donald Trump has not set a deadline on Iran submitting a peace proposal, the Guardian reported on Wednesday. On Tuesday, Trump extended the ceasefire and vowed to continue the US blockade on Iranian...

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Australian Dollar gains traction as Trump extends Iran ceasefire, Australian PMIs rebound into expansion

The AUD/USD pair gains momentum near 0.7155 during the early Asian session on Thursday. US President Donald Trump’s extension of a ceasefire with Iran revives risk appetites, supporting the Australian Dollar (AUD) against the US Dollar...

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