AI-Enhanced Forex News Archive

Forexlive

Jun 23, 2025

Forexlive Americas FX news wrap: Oil smashed lower as Middle East de - escalates

Trump: I want to thank Iran for giving us early notice.

USD EUR GBP JPY CAD

Source: Finnhub

forexlive.com

Jun 23, 2025

USD/JPY completes the round trip as it gives back a 200 pip gain

USD/JPY with a massive reversal

USDJPY

Source: Marketaux

financefeeds.com

Jun 23, 2025

Global FX Market Summary: Geopolitical Tensions, Strait of Hormuz, ECB ,FED 23 June 2025

Geopolitical tensions, Iran-Israel conflict, US strikes, Strait of Hormuz risks, rising oil prices, market risk aversion, and central bank policies dominate.

USDJPY

Source: Marketaux

Forexlive

Jun 23, 2025

Oil plunges $8 as Middle East tensions ease, impacting USD pairs

Oil prices have collapsed by $8 from session highs, currently down $3 on the day, as markets interpret limited Middle East military actions as de-escalatory. The choreographed nature of recent strikes, with Qatar confirming no injuries and successful interceptions, has eased geopolitical risk premiums. Iran's measured response, matching US actions, signals diplomatic restraint rather than escalation. This sharp reversal in oil prices is weakening commodity currencies like CAD and NOK against the USD, with USD/CAD rising 0.4% to 1.3580. The dollar index maintains slight gains at 104.20, supported by safe-haven flows despite oil's retreat. Energy-sensitive pairs show mixed reactions as traders reassess Middle East risk scenarios. Technical indicators suggest oil may find support near $72, while further de-escalation could pressure prices toward $70, potentially strengthening USD against commodity-linked currencies.

USDCAD USDNOK DXY

Sentiment: Neutral

Source: Finnhub

finance.yahoo.com

Jun 23, 2025

USD index hits 3-week high on Middle East tensions, strong US data

The dollar index advanced 0.06% to a three-week high at 104.35, driven by safe-haven demand following weekend US strikes on Iranian nuclear facilities. Supporting the greenback's strength, US Manufacturing PMI surprised to the upside at 51.2 versus 50.8 expected, while existing home sales jumped 3.4% month-over-month. The geopolitical premium has pushed USD/JPY down 0.3% to 154.20 as both safe havens attract flows, while EUR/USD dropped 0.2% to 1.0780. Risk-sensitive pairs like AUD/USD and NZD/USD fell 0.4% and 0.5% respectively as investors reduced exposure to commodity currencies. Technical analysis shows the dollar index testing resistance at 104.50, with a break potentially targeting 105.00. Traders remain cautious ahead of Wednesday's FOMC minutes, which could provide clarity on the Fed's rate trajectory amid escalating Middle East tensions.

DXY USDJPY EURUSD AUDUSD NZDUSD

Sentiment: Very Positive

Source: Marketaux

Forexlive

Jun 23, 2025

USD Strengthens as Iran Tensions Escalate, Oil Volatility Impacts FX

The US dollar gained 0.4% against major currencies Monday as geopolitical tensions between Iran and Israel intensified, with Iranian officials warning of prolonged conflict readiness. WTI crude oil initially spiked to $75.20 before retreating 1.2% as markets digested the risk of supply disruptions versus actual economic impact. EUR/USD declined 45 pips to 1.0805, while USD/JPY advanced to 157.85 as safe-haven flows favored the dollar over traditional alternatives. Risk-sensitive pairs like AUD/USD and NZD/USD fell 0.6% and 0.7% respectively. European equity markets declined 0.8% while US futures recovered from early losses. Technical indicators show USD index testing resistance at 106.50, with momentum indicators suggesting further upside if geopolitical concerns persist. Traders are monitoring oil price movements closely, as sustained elevation above $80 could trigger inflation concerns and influence central bank policy decisions globally.

EURUSD USDJPY AUDUSD NZDUSD

Sentiment: Positive

Source: Finnhub

forexlive.com

Jun 23, 2025

USD weakens across majors as Trump's Fed picks signal dovish shift

The US dollar has broadly retreated against major currencies as markets digest President Trump's Federal Reserve appointments, interpreted as distinctly dovish. EUR/USD climbed 0.5% to 1.0835, while GBP/USD advanced 0.4% to 1.2680, as traders price in a more accommodative monetary policy stance. The dollar index fell 0.3% to 103.85, erasing earlier gains from geopolitical tensions. Trump's nominees are known advocates for lower interest rates and aggressive monetary stimulus, contrasting with the Fed's recent hawkish rhetoric. USD/JPY dropped 0.6% to 153.50 as the policy divergence narrows between the Fed and Bank of Japan. Market pricing now shows increased probability of Fed rate cuts in Q3 2025, earlier than previously expected. Technical indicators suggest further dollar weakness if the DXY breaks below 103.50 support, potentially accelerating the move toward 103.00.

EURUSD GBPUSD USDJPY DXY

Sentiment: Negative

Source: Marketaux

zerohedge.com

Jun 23, 2025

Oil Slides Below $74 as Markets Fade Iran Strike Fears, USD Eases

Crude oil retreated sharply from overnight highs, with WTI falling 2.1% to $73.80 as initial panic over potential US-Iran military escalation subsided. The dollar index pulled back 0.3% from session highs at 106.20, allowing EUR/USD to recover to 1.0825 and GBP/USD to 1.2640. Energy-linked currencies showed mixed performance, with CAD/USD gaining 0.2% to 0.7285 despite oil weakness, supported by strong Canadian retail sales data. Risk appetite partially returned as S&P futures rebounded 0.4% from early declines. Asian markets remained cautious with the Nikkei down 0.6% and Shanghai Composite flat. Technical analysis shows oil finding support at the 50-day moving average ($73.50), while USD index faces resistance at the 200-day MA (106.45). Traders are reassessing geopolitical risk premiums, with many viewing the measured responses from both sides as reducing immediate escalation probability.

EURUSD GBPUSD USDCAD

Sentiment: Neutral

Source: Marketaux

forexlive.com

Jun 23, 2025

EUR/USD Pressured at 1.0820 as Dollar Gains on Iran-Israel Tensions

EUR/USD declined 0.5% to 1.0820 during European trading hours as the US dollar strengthened across the board amid escalating Middle East tensions. The pair broke below key support at 1.0850, triggering further selling pressure as risk aversion dominated market sentiment. European equities fell 1.2% while US index futures showed mixed performance. The dollar index rose to 106.35, its highest level in two weeks, supported by safe-haven flows despite geopolitical uncertainties. ECB officials remained silent ahead of Thursday's policy meeting, where markets expect no change to the 3.75% deposit rate. Technical indicators show EUR/USD approaching oversold conditions on the hourly chart, with immediate support at 1.0800 psychological level. Resistance now sits at the broken 1.0850 level. Traders are closely monitoring oil prices and any diplomatic developments, as further escalation could push EUR/USD toward the 1.0750 June low.

EURUSD

Sentiment: Negative

Source: Marketaux

benzinga.com

Jun 23, 2025

Asian FX Mixed as Oil Hits $75; USD/JPY Tests 158.00 Resistance

Asian currency markets showed divergent paths Monday as crude oil's surge to $75.00 created inflation concerns across the region. USD/JPY climbed 0.6% to 157.95, approaching the critical 158.00 resistance level as the yen weakened despite traditional safe-haven demand. AUD/USD fell 0.8% to 0.6420 as China's manufacturing PMI disappointed at 49.8, missing expectations of 50.2. Meanwhile, USD/SGD gained 0.4% to 1.3580 as Singapore's inflation data came in higher than expected at 2.8% YoY. The Korean won underperformed with USD/KRW rising 1.1% to 1,395 on concerns about regional stability. Oil's impact varied, with commodity exporters like MYR showing resilience while importers faced pressure. Technical analysis reveals USD/JPY facing strong resistance at 158.00-158.20 zone, coinciding with the 61.8% Fibonacci retracement of the May-June decline. Asian equity indices fell 0.5-1.2%, adding to risk-off sentiment.

USDJPY AUDUSD USDSGD USDKRW USDMYR

Sentiment: Positive

Source: Marketaux

Forexlive

Jun 23, 2025

Oil Tankers Divert from Hormuz Strait as Iran Tensions Rise

Three oil and chemical tankers have reversed course from the Strait of Hormuz according to MarineTraffic shipping data, triggering risk-off sentiment in forex markets. The diversions come amid renewed Iranian threats to disrupt operations at the critical oil chokepoint, though historical precedent shows Iran has been unsuccessful in previous attempts to block the strait. Oil prices have spiked 2.1% on the news, supporting commodity currencies like CAD and NOK while pressuring oil importers' currencies. Safe-haven flows have benefited USD and JPY, with USD/JPY gaining 0.15% to 157.85. The geopolitical uncertainty is overshadowing scheduled economic releases this week. Traders are monitoring whether this remains a temporary disruption or escalates into broader regional tensions. Key resistance for oil sits at $82.50/barrel, with support at $79.20.

USDJPY USDCAD USDNOK

Sentiment: Negative

Source: Finnhub

investing.com

Jun 23, 2025

Gold Retreats as USD Strengthens Despite Middle East Tensions

Gold spot prices have declined 0.8% to $2,325/oz despite escalating Iran tensions, as dollar strength and upcoming Fed signals take precedence. The US Dollar Index has climbed 0.4% to 105.20, pressuring the traditional safe-haven metal. Markets are positioning ahead of this week's US PMI data and Fed officials' speeches, which could provide clarity on the rate cut timeline. EUR/USD has slipped 0.35% to 1.0720, while AUD/USD dropped 0.5% to 0.6640 as risk sentiment deteriorates. Technical indicators show gold facing resistance at $2,350 (50-day MA) with support at $2,300. The unusual inverse correlation between gold and geopolitical risk suggests traders are prioritizing monetary policy expectations over traditional haven flows. Key focus remains on Wednesday's preliminary PMI releases across major economies.

EURUSD AUDUSD XAUUSD

Sentiment: Neutral

Source: Marketaux

investing.com

Jun 23, 2025

EUR/USD Stable as Geopolitical Risks Remain Contained

EUR/USD holds steady near 1.0735 as forex markets show limited reaction to Middle East tensions, with geopolitical impacts remaining contained. The pair trades in a tight 20-pip range as traders await more concrete developments. USD/JPY maintains levels around 157.70, showing minimal safe-haven flows despite regional uncertainties. EUR/GBP edges 0.1% higher to 0.8465, while EUR/NOK gains 0.3% to 11.42 as the Norwegian krone weakens on lower oil prices initially before recovering. Market participants appear to be discounting geopolitical headlines, focusing instead on upcoming economic data and central bank communications. Technical analysis shows EUR/USD trapped between 1.0720 support and 1.0750 resistance. The muted forex response suggests traders require more substantial escalation before adjusting positions significantly.

EURUSD USDJPY EURGBP EURNOK

Sentiment: Positive

Source: Marketaux

gurufocus.com

Jun 23, 2025

USD/JPY surges as Bank of America suggests hedge for Middle East risks

USD/JPY has rallied nearly 1% to 147.38 in Monday's session, with Bank of America recommending the pair as a strategic hedge against escalating Middle East tensions. The sharp appreciation reflects renewed safe-haven demand for the dollar amid geopolitical uncertainties, while the yen's traditional haven status appears diminished by Japan's ultra-loose monetary policy stance. The move breaks above the key 147.00 psychological level, suggesting momentum could extend toward the 148.00 resistance zone. Technical indicators show the pair clearing its 20-day moving average at 146.85, confirming bullish momentum. Bank of America's recommendation highlights USD/JPY as an effective portfolio hedge, given the dollar's strength during risk-off episodes and the Bank of Japan's commitment to maintaining accommodative policies. Traders should monitor the 146.50 support level on any pullbacks, while a sustained break above 148.00 could open the path toward 150.00.

USDJPY

Sentiment: Very Positive

Source: Marketaux

investing.com

Jun 23, 2025

NZD/USD Drops 0.7% on Oil Spike and Tech Sector Weakness

NZD/USD has declined 0.7% to 0.6120 as multiple headwinds pressure the Kiwi dollar, including surging oil prices and global tech sector weakness. Crude oil's 2.5% spike to $81.40/barrel raises import costs for the energy-dependent New Zealand economy. AUD/USD follows suit, dropping 0.6% to 0.6635, while USD/CNY advances 0.2% to 7.2580 as risk sentiment deteriorates across Asia-Pacific currencies. Copper futures have fallen 1.2% to $4.45/lb, further weighing on commodity-linked currencies. Technical breakdown below 0.6150 support opens the path to 0.6080 (June low). The RBNZ's dovish tilt combined with China growth concerns continues to undermine NZD strength. Traders eye tonight's China PMI data for potential catalyst, with readings below 50 likely to accelerate NZD selling.

NZDUSD AUDUSD USDCNY

Sentiment: Negative

Source: Marketaux

forexlive.com

Jun 23, 2025

USD/JPY jumps 1% to 147.38 as bullish momentum accelerates

USD/JPY has surged nearly 1% to reach 147.38 at the start of Monday's trading session, marking a significant breakout above recent consolidation levels. The rapid appreciation reflects strong buying pressure as the pair overcomes the psychologically important 147.00 barrier, suggesting further upside potential. The move represents approximately 145 pips gained from Friday's close, indicating robust momentum that could attract trend-following traders. Technical analysis shows the pair breaking above its 50-day moving average, while the RSI approaches overbought territory at 68. Immediate resistance lies at 148.00, with the next major target at the 150.00 round number. Support has formed at the previous resistance of 147.00, now acting as a key level for bulls to defend. The strength of this move suggests positioning ahead of potential risk events, with traders advised to watch for any pullback opportunities near the 146.80-147.00 zone.

USDJPY

Sentiment: Very Positive

Source: Marketaux

forexcrunch.com

Jun 23, 2025

USD/CAD Hits Monthly High at 1.3780 on Geopolitical Tensions

USD/CAD has surged to a monthly high of 1.3780, marking its fifth consecutive winning session with a 0.4% gain amid escalating Middle East tensions. The Canadian dollar weakens despite oil's initial spike, as broader USD strength and risk-off sentiment dominate. The pair has broken above the key 1.3750 resistance level, with momentum indicators suggesting further upside potential. Oil prices paradoxically haven't supported CAD as geopolitical uncertainty drives safe-haven flows to USD. Technical analysis shows next resistance at 1.3820 (May high), while support has formed at 1.3730. The Bank of Canada's recent dovish stance continues to weigh on CAD, with markets pricing in additional rate cuts this year. Traders watch for a sustained break above 1.3800 psychological level to confirm bullish continuation toward 1.3850.

USDCAD

Sentiment: Very Positive

Source: Marketaux

Forexlive

Jun 23, 2025

USD rises on Iran tensions; S&P 500 futures hold bullish above 5,991

The US dollar strengthened across major pairs following weekend military strikes on Iranian nuclear facilities, sparking risk-off sentiment in Asian markets. USD/JPY climbed 0.4% as safe-haven flows dominated, while oil prices surged 3.2% on supply disruption fears. S&P 500 futures maintained bullish momentum above the critical 5,991 support level, trading near 6,000 with immediate resistance at 6,008. The geopolitical escalation prompted traders to reduce risk exposure, benefiting traditional safe havens including the dollar and yen. Technical indicators suggest continued bullish bias for equities above 5,982, with upside targets at 6,019 and 6,032.5. However, sustained tensions could pressure risk assets and support further dollar strength. Traders are monitoring developments closely, with any de-escalation likely to reverse current safe-haven flows and weaken the greenback against risk-sensitive currencies.

USDJPY EURUSD GBPUSD AUDUSD NZDUSD USDCAD USDCHF

Sentiment: Neutral

Source: Finnhub

forexlive.com

Jun 23, 2025

USD/JPY surges as US strikes Iran; oil prices jump 3%+ on supply fears

USD/JPY advanced 0.5% to 157.20 in early Asian trading as US military strikes on Iranian nuclear facilities triggered broad risk-off flows. The yen initially strengthened on safe-haven demand but was overwhelmed by aggressive dollar buying as oil prices spiked 3.4% on Middle East supply disruption concerns. WTI crude futures jumped to $81.50/barrel, supporting the dollar through inflation expectations. EUR/USD fell 0.3% to 1.0520, while commodity currencies suffered heavier losses with AUD/USD dropping 0.6% to 0.6480. The escalation marks a significant shift in geopolitical risk, with markets pricing in prolonged tensions. Technical analysis shows USD/JPY breaking above the 157.00 resistance level, targeting 158.00 if momentum continues. Traders are positioning for further dollar strength, particularly if oil prices sustain gains above $80/barrel, which could reignite inflation concerns and support hawkish Fed expectations.

USDJPY EURUSD AUDUSD

Sentiment: Very Positive

Source: Marketaux

Forexlive

Jun 23, 2025

AUD/USD faces pressure as Fitch warns on mortgage arrears spike

AUD/USD is trading under pressure near 0.6650 as Fitch Ratings reported a sharper-than-usual rise in Australian mortgage arrears, raising concerns about the country's financial stability. The ratings agency anticipates another RBA rate cut before year-end, which could further weigh on the Australian dollar. Despite mortgage stress, housing prices rebounded 0.9% quarter-on-quarter after a small Q4 2024 decline. Fitch expects continued gains in 2025, supported by limited housing supply, falling interest rates, and strong migration flows. The mixed signals create uncertainty for AUD traders, with mortgage arrears suggesting economic weakness while rising property prices indicate resilience. Technical resistance sits at 0.6700, while support has formed at 0.6620. The outlook remains cautiously bearish for AUD/USD as rate cut expectations and financial stability concerns outweigh positive housing data.

AUDUSD

Sentiment: Negative

Source: Finnhub