Trading news

The EUR/USD pair is seen building on the previous day's strong intraday move up of over 100 pips and gaining some follow-through traction during the Asian session on Tuesday.

Australia National Australia Bank's Business Confidence: -29 (March) vs previous -1

Australia National Australia Bank's Business Conditions declined to 6 in March from previous 7

AUD/USD retreats after posting modest gains in the previous session, trading around 0.7090 during Asian hours on Tuesday.

The People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead on Tuesday at 6.8593 compared to the previous day's fix of 6.8657 and 6.8173 Reuters estimate.

Reserve Bank of Australia (RBA) Deputy Governor Andrew Hauser, speaking in a fireside chat earlier this Tuesday, warned that Australia is facing a difficult macroeconomic backdrop.

US Vice President JD Vance, speaking in an interview on Fox News, struck a cautiously optimistic tone on negotiations with Iran and suggested that meaningful progress has been made even as talks have yet to deliver a breakthrough.

Australia Westpac Consumer Confidence down to -12.5% in April from previous 1.2%

Singapore Gross Domestic Product (QoQ) came in at -0.3%, above expectations (-0.5%) in 1Q

Singapore Gross Domestic Product (YoY) came in at 4.6% below forecasts (5.4%) in 1Q

GBP/USD opened the new week on the soft side, dipping to a session low near 1.3380, but staged a strong recovery through Monday's session to close around 1.3510, up 0.35% on the day.

OCBC strategists Sim Moh Siong and Christopher Wong expect the Monetary Authority of Singapore (MAS) to tighten policy on 14 April 2026 by increasing the Singapore Dollar (SGD) Nominal Effective Exchange Rate (S$NEER) slope to counter imported inflation.

Silver (XAG/USD) recovers some ground on Monday yet is poised to finish the day with losses of 0.33% after gapping down over the weekend due to news painting a gloomy outlook for the US-Iran conflict. At the time of writing, XAG/USD trades at $75.58 after bouncing off daily lows of $72.61.

USD/JPY traded in a wide intraday range on Monday, briefly spiking to a session high near 159.86 before pulling back steadily to settle around 159.35, roughly flat on the day.

The NZD/USD pair is pushing higher on Monday, April 13, climbing back toward the 0.5880 region as broad US Dollar (USD) weakness becomes the dominant market driver.

EUR/USD extended its gains on Monday as market mood improved, weighing on the US Dollar, which fell to six-week lows near 98.36 according to the US Dollar Index (DXY). At the time of writing, the pair trades at 1.1757, up 0.32%.

HSBC Asset Management underlines that China’s technology sector remains a key equity theme despite shifting attention to Middle East tensions. The firm points to strong performance of the Shenzhen Chinext index, supported by advanced manufacturing, green energy and semiconductors.

USD/CAD slipped around 0.4% on Monday, falling to session lows near 1.3790 as the Canadian Dollar gained ground on surging Crude Oil prices and broad US Dollar softness.

OCBC strategists Sim Moh Siong and Christopher Wong expect Asian FX, especially high-beta Oil importers like KRW, THB, PHP and INR, to open weaker as renewed geopolitical uncertainty supports crude and the Dollar. However, resumed Hormuz transit tempers tail risks.

DBS Group Research economist Philip Wee expect the Monetary Authority of Singapore (MAS) to reverse its earlier easing by normalizing the SGD Nominal Effective Exchange Rate (NEER) policy band.