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Composed of a group of economic journalists and FX experts, the FXStreet content team produces and oversees all content published on FXStreet. It provides a purely journalistic approach to the Forex market.
AUD/USD is holding the bounce from two-month lows, retesting 0.7050 in the Asian session on Tuesday. Easing tensions in the Middle East keep the US Dollar on the defensive, supporting the pair ahead of China's trade data.
USD/JPY holds steady above 160.00 during the Asian session on Tuesday as expectations that authorities will step in again to prop up the Japanese Yen hold back bulls from placing fresh bets. Moreover, a de-escalation of tensions between Israel and Iran undermines the safe-haven US Dollar, capping the currency pair. Traders also seem hesitant and opt to wait for the release of the latest US inflation figures on Wednesday and Thursday.
Gold struggles to attract any meaningful buyers, but manages to hold above $4,300 in Asia on Tuesday. Expectations of more hawkish central banks, including the US Fed, continue to undermine demand for the non-yielding bullion. Meanwhile, a halt in fighting between Israel and Iran keeps the US Dollar bulls on the defensive, which should limit Gold's downside.
Ethereum treasury firm BitMine Immersion Technologies acquired 126,971 ETH last week following the top altcoin's decline toward the $1,500 region. The purchase, which represents its largest weekly ETH acquisition in 2026, has pushed the company's holdings to 5.54 million ETH.
Monday’s bounce was relief, not confirmation. Oil backed away from the geopolitical cliff, tech found a bid, and risk assets stabilized, but the late-day fade showed that conviction remains thin. The real threat is no longer just Middle East escalation.
More than three months after the start of the Iran war and the resulting disruption to global energy markets, the US economy continues to display remarkable resilience. The conflict has triggered a sharp rise in Oil prices, reignited inflationary pressures and fueled widespread concerns about a potential economic slowdown.
