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.
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.
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.
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.
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.
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.
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.
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.
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.
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.