The ongoing conflict between Israel and Iran has sent shockwaves through the global financial markets, particularly the cryptocurrency sector. As geopolitical tensions escalated on June 13, 2025, the total market cap of cryptocurrencies plummeted by more than 5%, dropping to $3.26 trillion. A wave of panic swept through the sector, as most major players saw...
AUD/JPY Softens to Near 94.00 Amid Risk-Off Sentiment and Geopolitical Tensions
The AUD/JPY currency pair edged lower during Friday’s Asian session, dipping toward the 94.00 psychological level, as heightened risk-off sentiment fueled demand for safe-haven assets, especially the Japanese Yen (JPY). The downward pressure came amid escalating geopolitical risks in the Middle East, which overshadowed Australia’s largely stable labor market data for May. This informative article...
EUR/GBP Hovers Around 0.8550 as Traders Await Bank of England’s Policy Clarity
The EUR/GBP currency pair extended its bullish momentum for the fourth consecutive day on Thursday, trading steadily around the 0.8550 level during the Asian session. The pair is navigating a critical juncture as market participants exercise caution ahead of the Bank of England’s (BoE) monetary policy decision, which is due later in the day. This...
EUR/JPY Price Forecast: Retains Bullish Bias Above 166.00
The EUR/JPY currency cross remains firmly in focus for traders and technical analysts, holding on to its bullish bias above the crucial 166.00 level during Thursday’s early European trading session. Despite experiencing mild selling pressure near 166.35, the pair continues to exhibit signs of strength, underpinned by solid technical indicators and a relatively constructive market...
USD/CAD Holds Firm Above 1.3700 as Israel-Iran Conflict Escalates and Risk Aversion Drives Safe-Haven Demand
The USD/CAD currency pair has extended its rally, trading robustly above the 1.3700 mark during the European session on Thursday, supported by a combination of geopolitical tensions, safe-haven demand, and hawkish Federal Reserve commentary. As of the time of writing, the pair hovers around 1.3710, marking the third consecutive day of gains for the US...
NZD/USD Price Forecast: Targets 0.5950 Support Near 50-Day EMA
The NZD/USD currency pair is showing signs of renewed bearish pressure as the pair trades around 0.5970, following a nearly 1% decline on Thursday. The move comes amid a clear technical breakdown, with the pair falling below the ascending channel that has been intact for several weeks. This development introduces a bearish bias in the...
GBP/JPY Extends Decline Below 194.50 Ahead of BoE Rate Decision
The GBP/JPY currency pair continues its slide for the third consecutive session, dipping below the key 194.50 support level in Thursday’s early European trading. The sustained downward pressure on the British Pound (GBP) relative to the Japanese Yen (JPY) reflects a combination of geopolitical instability, diverging monetary policy expectations, and shifting investor sentiment ahead of...
Silver Price Forecast: XAG/USD Tumbles to Near $36.30 Despite Escalating Middle East Tensions
Silver (XAG/USD) prices have experienced a sharp decline, falling nearly 1% to trade around $36.25 during Thursday’s European session. This downturn comes amid escalating geopolitical tensions in the Middle East, which would typically provide support for safe-haven assets such as silver. However, a complex mix of macroeconomic, geopolitical, and technical factors has driven selling pressure...
USD/INR Posts Fresh Two-Month High as US Considers Striking Iran: Geopolitical Tensions and Fed Signals Shake Market Dynamics
The USD/INR pair climbed to a fresh two-month high on Thursday, reaching 86.65, as geopolitical tensions in the Middle East escalated sharply. A Bloomberg report suggested that the United States might consider military action against Iran in the coming days, which has amplified safe-haven flows into the US Dollar (USD) and driven selling pressure on...
Gold Price Bounces Off One-Week Low as Risk-Off Impulse Counters USD Strength
The Gold price (XAU/USD) is showing resilience after a brief dip to a one-week low during the early European session on Thursday. Despite encountering fresh selling pressure amid a hawkish Federal Reserve tone and a strengthening US Dollar (USD), the safe-haven appeal of gold remains intact. The precious metal currently trades around the $3,366-$3,367 region,...