Asian Open

The US dollar remains under pressure, but extreme bearish sentiment, technical support, and fading downside momentum hint at a potential rebound.

The Australian dollar (AUD/USD) tests key resistance as Trump–Xi tensions hit USD sentiment. AUD/NZD stabilises; JPY gains on safe-haven demand.

The Japanese yen weakened as hopes of productive US-China trade talks lifted sentiment. AUD/JPY and GBP/JPY technical setups signal potential upside.

AUD/USD and NZD/USD climbed as the US dollar fell below 100 amid trade tensions. Key resistance levels and upcoming data will test the rally’s strength.

Market sentiment turned sharply on Thursday as Wall Street reversed gains and the US dollar (USD) tumbled, pushing EUR/USD higher and USD/JPY lower. With Trump’s tariffs staying in place, traders are now focusing on key economic data and central bank updates for fresh direction.

Gold and the ASX 200 sit at pivotal levels ahead of key GDP and PCE data. Is a gold breakout or deeper pullback ahead? ASX 200 faces resistance near 8500.

USD/JPY surged after Trump delayed EU tariffs, while the yen ignored hawkish BOJ signals. Key levels near 146 in focus as traders await global data.

If Wall Street futures cannot fully roll over on bad news, it may not take much god news to help them rally. And that could bode well for the ASX 200 over the near term.

USD/JPY bounced from support as US dollar selling eased. Though with yen strength waning and the British pound outperforming the US dollar, GBP/JPY may be the better setup for bulls.

Surging yields and weak bond demand triggered a Wall Street retreat, as the Japanese yen rose for a seventh day and the VIX hinted at a potential swing low.

Markets expecting smooth sailing on rate cuts may be in for a jolt. Canada's core inflation just surged, trimming BoC cut bets and firming the loonie. The UK may soon follow, with underlying inflation set to remain well above target.