Trading news

The Japanese Yen (JPY) attracts some sellers during the Asian session on Tuesday and moves further away from the highest level since November 2025, touched against its American counterpart the previous day.

The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, trades on a weaker note near 97.00 during the Asian trading hours on Tuesday. The US ADP Employment Change and Consumer Confidence reports are due later on Tuesday. 

AUD/USD holds near its 16-month high of 0.6940, reached in the previous session, currently trading around 0.6920 during the Asian hours on Tuesday. Traders now await the December Consumer Price Index (CPI) data due Wednesday for further clues on the Reserve Bank of Australia’s (RBA) policy outlook.

The USD/CAD pair trades with mild gains near 1.3720 during the Asian trading hours on Tuesday.

The People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead on Tuesday at 6.9858 compared to the previous day's fix of 6.9843 and 6.9548 Reuters estimate.

The NZD/USD pair extends the overnight pullback from the 0.6000 psychological mark, or a four-month high, and drifts lower during the Asian session on Tuesday.

West Texas Intermediate (WTI) Oil price continues to decline after registering over 0.50% losses in the previous session, trading around $60.50 per barrel during the Asian hours on Tuesday.

Australia National Australia Bank's Business Conditions climbed from previous 7 to 9 in December

Gold price (XAU/USD) extends its upside to around $5,050 during the early Asian session on Tuesday. The precious metal gains momentum amid growing concerns about financial and geopolitical uncertainty. The US ADP Employment Change and Consumer Confidence reports will be published later on Tuesday.

Australia National Australia Bank's Business Confidence climbed from previous 1 to 3 in December

Japan Corporate Service Price Index (YoY) dipped from previous 2.7% to 2.6% in December

United Kingdom BRC Shop Price Index (YoY) registered at 1.5% above expectations (0.7%) in January

Ireland Consumer Confidence increased to 64.7 in January from previous 61.2

GBP/USD caught a halting bullish step higher to open the new trading week, knocking on the 1.3700 handle for the first time since September.

The USD/JPY pair falls to its 11-week lows near 154.20 during the early Asian session on Tuesday. The Japanese Yen (JPY) strengthens against the US Dollar (USD) amid speculation about a possible coordinated intervention by Japanese and US authorities.

The Euro post gains of over 0.39% on Monday as the Greenback weakens, following a sell-off sponsored by US geopolitical jitters and speculation of a coordinated intervention in the FX markets by the US and Japan. The EUR/USD trades at 1.1872, after bouncing off daily lows of 1.1835.

South Korea BOK Manufacturing BSI climbed from previous 70 to 73 in February

The Monetary Authority of Singapore is anticipated to maintain the parameters of the SGD NEER policy band during its upcoming review. Current assessments suggest limited downside for USD/SGD, with the exchange rate expected to hold above 1.2675. Philip Wee, Senior FX Strategist at DBS Bank notes.

HSBC Asset Management reports a significant increase in yields on long-dated Japanese government bonds (JGBs) as of January 2026.

Silver price rallies sharply more than 8% on Monday, as geopolitical tensions and broad US Dollar weakness, pushes the grey metal to record highs, past $110,00, hitting a record high of $117.73 shy of challenging the $120.00 mark. At the time of writing XAG/USD trades at $112.40.