Trump is calling leaders to ask them to cut ties with IranWants 'zero leakage' on sanctionsCountries will ahve a finite timeline to shut down activities we have identified, if they don't we will use Treasury authoritiesWill not set specific timelines for cutting ties, we don't have infinite patienceEvery country should be prepared to face US sanctions if they support IranI expect a major financial institution to be sanctioned this weekDo not take use of secondary sanctions lightlyWould like...
Source: Finnhub
The looming U.S. sanctions against Iran, the potential spike in crude oil prices as well as the likely impact on inflation weighed heavily on market sentiment.
AUDUSD
Source: Marketaux
Nasdaq-100 E-mini futures remain moderately bearish after losing the pivotal 29,295-29,300 support zone, but selling pressure is stalling as buyers defend the 29,115-29,125 demand band. Price action suggests a short-term balancing phase rather than an outright breakdown, with the latest developing bar treated cautiously until it completes. A reclaim of 29,210 would improve the near-term structure and open scope for a recovery toward 29,240, with the broken 29,295-29,300 area as the first meaningful resistance test. Failure to hold 29,115 keeps the path open for another leg lower, which typically coincides with risk-off flows that support the US dollar and the yen while pressuring higher-beta currencies such as AUD and NZD. Traders operating in QQQ, Nasdaq 100 CFDs, index options or the cash index should treat these futures levels as market-structure references rather than execution triggers. For FX participants, equity index direction remains a useful proxy for global risk appetite, with USD/JPY and AUD/USD historically the most responsive majors to sharp swings in US tech benchmarks.
USDJPY
AUDUSD
NZDUSD
Sentiment:
Neutral
Source: Finnhub
JustMarkets has highlighted how volatility in US equity benchmarks, specifically the US100 (Nasdaq 100) and the S&P 500, is increasingly shaping cross-asset conditions across the CFD landscape. The broker notes that large swings in US equities frequently transmit into the currency market, gold pricing and overall risk sentiment, encouraging traders to assess multiple instruments simultaneously rather than viewing indices in isolation. In practice, sharp equity drawdowns tend to strengthen the US dollar and the Japanese yen as defensive flows dominate, while pressuring commodity-linked currencies such as the Australian and New Zealand dollars. Gold typically benefits from safe-haven demand during periods of equity stress, although a firmer dollar can cap those gains. Conversely, equity rallies driven by improving rate-cut expectations often weaken the dollar and support higher-yielding currencies. The practical implication for traders is that index volatility can serve as an early sentiment signal for pairs including EUR/USD, USD/JPY and AUD/USD, making correlation awareness and disciplined position sizing important when multiple instruments respond to the same underlying macro driver.
EURUSD
USDJPY
AUDUSD
NZDUSD
Sentiment:
Neutral
Source: Marketaux
The trading day opens with an unusually light economic calendar, leaving major currency pairs without a fresh fundamental catalyst. The European session carries no scheduled data releases, meaning EUR/USD, GBP/USD and EUR/GBP are likely to consolidate within recent ranges or extend the directional moves already established following the latest Treasury buyback operation. Buyback-related flows have been influencing US yields, and any continued compression at the long end of the curve tends to weigh on the dollar, particularly against the euro and the yen, while supporting risk-sensitive currencies. In the absence of data, price action is typically driven by positioning adjustments, option expiries and liquidity conditions, which can exaggerate moves on thin volume. Traders should therefore prioritise technical reference levels and intraday structure over macro narratives, while remaining alert to headline risk from central bank speakers or fiscal announcements. Low-catalyst sessions often precede volatility expansion, so monitoring range boundaries for breakout attempts and keeping stops disciplined is prudent ahead of higher-tier releases later in the week.
EURUSD
GBPUSD
USDJPY
EURGBP
Sentiment:
Neutral
Source: Finnhub
The US dollar is trading close to multi-month lows as persistent concerns over the US debt trajectory and fiscal sustainability keep sentiment toward the greenback fragile. Market participants are awaiting further clarity on sanctions developments and a series of upcoming policy speeches that could refine expectations for the Federal Reserve's rate path, leaving the dollar index vulnerable to further downside while those catalysts remain unresolved. The Canadian dollar underperformed, with USD/CAD pushing higher after trade negotiations between Washington and Ottawa were suspended and both sides moved to impose tariffs, adding a clear risk premium to CAD. Elsewhere, EUR/USD and USD/JPY held broadly stable as investors refrained from adding fresh directional exposure, while the Australian and New Zealand dollars advanced to three-month highs, reflecting improved risk appetite and the interest rate differential advantage against a softening dollar. For traders, the dollar's inability to attract buyers despite headline risk suggests continued sensitivity to fiscal and policy commentary, with AUD/USD and NZD/USD favoured on dips and CAD crosses exposed to further trade-related headlines.
USDCAD
EURUSD
USDJPY
AUDUSD
NZDUSD
Sentiment:
Very Negative
Source: Marketaux
