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AUD/USD eases below 0.7100 after Aussie trade data, China growth woes
AUD/USD meets fresh supply and eases below 0.7100 following the release of dismal Australian Trade Balance data on Thursday. A record-low growth target set by China for 2026 also weighs on the Chinese proxy, the Australian Dollar, while the US Dollar finds fresh bids amid the ongoing geopolitical tensions in the Middle East.
USD/JPY bounces back to 157.00 amid renewed USD demand
USD/JPY bounces back to near 157.00, cutting losses in the Asian session on Thursday. Renewed US Dollar demand amid Middle East and China concerns outweighs fears of Japanese intervention, aiding the pair's recovery.
Gold buyers stay hopeful amid Middle East war, China growth woes
Gold is building on the previous rebound in Thursday’s Asian trades, testing offers once again at the $5,200 threshold. Deeper escalation of the Middle East war and dovish US Federal Reserve monetary policy outlook continue to support Gold.
Trump presses Congress on CLARITY bill after meeting with Coinbase CEO
US President Donald Trump is urging legislators to pass the CLARITY Act after allegedly meeting with Coinbase CEO Brian Armstrong amid growing dispute over stablecoin yields.
First Venezuela, now Iran: The US-China energy war escalates Premium
At first glance, the latest escalation involving the United States with both Iran and Venezuela looks like another chapter in a long-running geopolitical story. But viewed through a broader strategic lens, something else may be unfolding: Energy.