Australian Dollar Outlook: AUD/USD Hits 0.72 Into RBA, Momentum Fades

AUD/USD is testing 0.72 ahead of the RBA meeting, but momentum is beginning to fade after a strong multi-week rally. While the uptrend remains intact, positioning is stretched and price action shows signs of hesitation near resistance.

Date: 03.05.2026 | Source: forex.com

Interest Rate Forecast: Yen Intervention Risk Hits USDJPY, EURJPY and GBPJPY

Interest rate expectations are shifting as oil-driven inflation and yen intervention risk reshape USDJPY, EURJPY, and GBPJPY, while the Fed, ECB, BOE, and BOJ face new policy pressure.

Date: 03.05.2026 | Source: fxempire.com

EUR/USD Weekly Forecast: Bullish Outlook Amid the Fed and ECB Divergence - 03 May 2026

EUR/USD trades within a narrow range as Fed and ECB policy signals diverge, with price action holding near key resistance levels.

Date: 03.05.2026 | Source: dailyforex.com

Kayhan Editor-in-Chief Calls for Closure of Bab al-Mandab Strait in Response to US Actions

The hardline editor-in-chief of Kayhan newspaper has urged for the closure of the Bab al-Mandab strait to certain shipping as a reaction to recent US measures. This move signals increased regional tensions with potential implications for maritime trade routes.

Date: 03.05.2026 | Source: FOR-EX.NEWS

Goldman Sachs Reports Hedge Funds Rapidly Reduce Tech Sector Exposure

Goldman Sachs reveals that hedge funds have cut their technology sector exposure at the second fastest rate seen in the past decade. This shift indicates a significant change in investment strategies within the tech industry.

Date: 03.05.2026 | Source: FOR-EX.NEWS

US Federal Debt Reaches Record $39 Trillion, Approaching $40 Trillion in 2024

The US federal debt has surged to a record $39 trillion, increasing by nearly $7 trillion since 2020. Projections indicate the debt may reach $40 trillion within the year, raising concerns about fiscal sustainability and economic impact.

Date: 03.05.2026 | Source: FOR-EX.NEWS

Iran Calls for End to Naval Blockade and Sanctions

Iran has urged the international community to lift the naval blockade and economic sanctions imposed on the country. The move aims to restore maritime trade routes and improve economic conditions. This development could impact regional trade and geopolitical dynamics.

Date: 03.05.2026 | Source: FOR-EX.NEWS

US Warns Shipping Firms Against Paying Iran for Strait of Hormuz Passage

The United States has issued a warning to global shipping companies that they may face sanctions if they make payments to Iran for safe passage through the Strait of Hormuz. This move aims to deter financial transactions that could support Iranian control over this strategic maritime route.

Date: 03.05.2026 | Source: FOR-EX.NEWS

Trump Signals Likely Rejection of Iran's Latest Proposal

President Donald Trump stated he will review Iran's recent proposal but suggested it is unlikely to be accepted, citing that Tehran has not faced sufficient consequences for its past actions. This stance indicates continued tension between the U.S. and Iran.

Date: 03.05.2026 | Source: FOR-EX.NEWS

Euro Technical Forecast: EUR/USD Rally Fades at Major Resistance—Next Move Critical

EUR/USD is showing signs of fatigue after a strong recovery, with price stalling just below a major resistance zone that has acted as a key inflection point in recent months. The inability to break higher highlights a loss of near-term momentum, shifting focus to whether this consolidation resolves lower or if buyers can regain control.

Date: 02.05.2026 | Source: forex.com

Quotes

Instrument Price Change (%)
EURUSD 1.172070 -0.086165%
GBPUSD 1.357560 -0.20622%
USDJPY 157.079950 +0.33083%
XAUUSD 4613.252910 -0.19065%
USDCAD 1.359160 +0.079463%
NZDUSD 0.590040 -0.11847%
USDCHF 0.782040 +0.13217%
AUDUSD 0.720820 +0.10062%
EURGBP 0.863360 +0.12079%
EURJPY 184.108570 +0.19133%
GBPJPY 213.246190 +0.1452%
AUDJPY 113.102630 +0.38309%
CADJPY 115.571420 +0.28063%
CHFJPY 201.207240 +0.30181%
NZDJPY 92.654040 +0.19686%
GBPCHF 1.061670 -0.034559%
EURCHF 0.916610 +0.033578%
USDMXN 17.458670 +0.078337%
USDZAR 16.637200 -0.37605%
USDTRY 45.219020 +0.10033%
USDRUB 74.923000 +0.050738%
USDSEK 9.202600 -0.2492%
USDCNY 6.830540 +0.054771%

Upcoming Important Events

Time Country Event Forecast Previous
05.05.2026
04:30 🇦🇺 Interest Rate Decision (May) 4.35 4.1
14:00 🇺🇸 ISM Non-Manufacturing PMI (Apr) 53.8 54
14:00 🇺🇸 ISM Non-Manufacturing Prices (Apr) 70.7
14:00 🇺🇸 ISM Services PMI (Apr) 53.8 54
14:00 🇺🇸 JOLTs Job Openings (Mar) 6.87 6.882
06.05.2026
14:00 🇨🇦 Ivey PMI (Apr) 49.9 49.7
07.05.2026
01:30 🇦🇺 Balance of Trade (Mar) 4.45 5.686
08.05.2026
06:00 🇩🇪 Balance of Trade (Mar) 18.9 19.8
12:30 🇺🇸 Non Farm Payrolls (Apr) 73 178
12:30 🇨🇦 Unemployment Rate (Apr) 6.7 6.7