市場情報

The US Dollar Index (DXY) remains neutral near the 100.90 level at the end of the American session on Monday as investors digest hawkish comments from Federal Reserve (Fed) Governor Christopher Waller and resilient United States (US) services data.

The Australian Dollar (AUD) extends its rally into a third straight trading session, up 0.25% on Monday, as investors adjust their interest rate expectations for the Federal Reserve (Fed) following a soft US jobs report last week.

BNY’s Geoff Yu stresses that Chinese equities and Chinese Yuan (CNY) remain heavily under-owned versus APAC (Asia-Pacific) peers, with cross-border holdings at very low levels.

Societe Generale’s Kunal Kundu analyzes Indonesia’s May 2026 trade data, highlighting the first deficit since the pandemic and a record Oil and Gas shortfall.

NZD/USD trades under pressure near the 0.5700 level as the US Dollar (USD) remains supported by hawkish-leaning comments from Federal Reserve (Fed) Governor Christopher Waller and resilient United States (US) services data.

Gold (XAU/USD) price retreats by some 0.50% on Monday as the Greenback remains steady despite traders repricing a less hawkish Federal Reserve (Fed) following last Thursday’s softer-than-expected jobs report. The XAU/USD pair trades at $4,153, down 0.50%.

The US Dollar Index (DXY) trims its gains on Monday after opening the week on a firmer note, as traders await greater clarity on the Federal Reserve's (Fed) interest rate path before placing fresh directional bets.

West Texas Intermediate (WTI) has spent three weeks handing back what the war spent three months building, and the tape now reads as though February never ended.

Rabobank’s FX Strategy team discusses the New Zealand Dollar (NZD) ahead of the July 8 Reserve Bank of New Zealand (RBNZ) meeting, where consensus and the bank expect a 25 bp hike to 2.5%.

The Dow Jones Industrial Average (DJIA) finally crossed 53,000 on Monday, spiking to a record just above the handle in the opening minutes and holding it for roughly the length of the ceremony that produced it.

United Overseas Bank’s (UOB) Quek Ser Leang notes that USD/CNH remains confined to a tight range, with the Dollar expected to trade between 6.7940 and 6.8080 in the near term.

The US Dollar Index (DXY) traded on a neutral stance near the 101.20 level on Tuesday as investors digested mixed United States (US) data and hawkish Federal Reserve (Fed) commentary.

Gold (XAU/USD) price posts modest gains of 0.35% on Tuesday, set to end the month with losses of over 11% after retreating from monthly highs around $4,500 towards $4,000, weighed by overall US Dollar strength.

The USD/CHF pair holds firm around 0.8070 on Tuesday, after losing 0.29% on Monday, supported by broad US Dollar (USD) weakness amid month-end flows and improving risk appetite.

The New Zealand Dollar (NZD) edges higher against the US Dollar (USD) on Tuesday, supported by upbeat New Zealand business confidence data and a modest pullback in the Greenback. At the time of writing, NZD/USD trades around 0.5677, up 0.5% on the day.

Bank of England (BoE) Governor Andrew Bailey said in comments to CNBC that policymakers have time to assess how higher energy prices may feed through into the United Kingdom (UK) economy, while noting that financial conditions have already tightened.

AUD/USD trades higher near 0.6915 on Tuesday as investors digest the latest Reserve Bank of Australia (RBA) Meeting Minutes and a modest improvement in United States (US) Consumer Confidence.

USD/JPY trades around 162.65 at the time of writing, up 0.44% on the day, and remains close to its highest level in several decades.

The Euro (EUR) stages a rebound against the US Dollar (USD) on Tuesday as month-end repositioning weighs modestly on the Greenback, limiting support from upbeat US economic data. At the time of writing, EUR/USD trades around 1.1415 after hitting an intraday low of 1.1382.

The Pound Sterling (GBP) advances 0.11% on Tuesday against the US Dollar (USD) despite UK data showing the economy is slowing, while the latest US jobs report indicated that the number of vacancies rose in May, according to the US Bureau of Labor Statistics.

The Australian Dollar collapsed by over 1.20% on Tuesday as risk aversion favoured flows into the Greenback amid expectations of higher US interest rates, while the Aussie fell. The AUD/USD trades at 0.6915 after dropping from daily highs of 0.7005.

Gold price (XAU/USD) loses momentum to around $4,100 during the early Asian session on Wednesday. The precious metal extends the decline as traders cement views on the US Federal Reserve (Fed) hiking interest rates this year.

The Australian Bureau of Statistics (ABS) will publish the high-impact Consumer Price Index (CPI) for May on Wednesday at 01:30 GMT.

Sterling spent Tuesday confirming what the macro backdrop already implied, that the United Kingdom has no growth story to sell right now.

The Loonie registers losses of 0.40% on Tuesday as the US Dollar refreshes year-to-date (YTD) highs, while falling Oil prices weighed on the CAD, with USD/CAD trading above 1.4200 for the first time since April 2025.

The US Dollar Index (DXY) surged to a one-year high near 101.40 on Tuesday as investors digested the latest S&P Global US Purchasing Managers Index (PMI), which showed business activity remained resilient. The Manufacturing PMI rose to 55.7 in June, its highest level since May 2022.

The Swiss Franc (CHF) extends its losses for the fifth straight trading day against the US Dollar (USD), down 0.15% on Tuesday, as risk appetite sours amid the AI rout and expectations that the Federal Reserve (Fed) could raise rates later this year. At the time of writing, USD/CHF trades at 0.8100

The US Dollar Index (DXY), which tracks the Greenback's value against a basket of six major currencies, extends its rally on Tuesday, climbing to its highest level since May 2025. At the time of writing, the index trades around 100.40, up 0.4% on the day.

Gold (XAU/USD) price erases Monday’s gains, diving over 1.30% on Tuesday, pressured by broad US Dollar (USD) strength, driven by a hawkish Federal Reserve (Fed), as well as a risk-off mood that is driving flows toward the Greenback's safe-haven appeal.

Commerzbank highlights strong South Korean export momentum, led by semiconductors and petroleum, but notes that South Korean Won (KRW) remains one of Asia’s weakest currencies versus the Dollar.

Brent is back near $80 and West Texas Intermediate near $77, which means the Oil market has handed back almost the entire premium it built over nearly four months of open war with Iran.

The textbook calls the Canadian Dollar a petro-currency, which means that with a Middle East war keeping Crude Oil bid, the Loonie should be holding its own.

The Euro did something this week that ought to be impossible: it fell in the same fortnight the European Central Bank (ECB) delivered its first interest rate hike since 2023.

The Australian Dollar spent this week as a passenger in someone else's trade.

Gold is supposed to be the asset you want when the world looks dangerous, which makes this week's price action quietly remarkable.

The US Dollar Index (DXY) spent the back half of this week doing something most desks had written off six months ago: rallying on the prospect of a Federal Reserve (Fed) rate hike.

The week ahead will bring a fresh test for major currency pairs as investors digest the first Federal Reserve (Fed) policy decision under Chair Kevin Warsh and look ahead to the United States (US) Personal Consumption Expenditures (PCE) data, global PMI releases, and central-bank commentary.

Silver (XAG/USD) price tumbles for the third consecutive trading day, down over 3.32% on Friday, courtesy of broad US Dollar (USD) strength and rising US Treasury yields, which have aimed higher since Wednesday amid the Fed's hawkish tilt.

The USD/CAD pair rises during the North American session, up 0.27% on Friday and over 1.34% for the week, with the pair remaining upward-biased and set to test higher prices seen last year. At the time of writing, the pair trades at 1.4175, after bouncing off daily lows of 1.4131.

AUD/USD trades little changed on Friday as hawkish policy signals from both the Federal Reserve (Fed) and the Reserve Bank of Australia (RBA) offset each other, keeping the pair range-bound despite a modest pullback in the US Dollar (USD).

The US-Iran interim peace deal took effect, and shipping started returning to the Strait of Hormuz as the US dropped its naval blockade of Iran, Bloomberg reported on Thursday.

Japan’s National Consumer Price Index (CPI) rose by 1.5% YoY in May, compared to the previous reading of 1.4%, according to the latest data released by the Japan Statistics Bureau on Friday.

Gold price (XAU/USD) loses ground to near $4,210 during the early Asian session on Friday. The precious metal extends the decline after the US Federal Reserve (Fed) held interest rates steady in the June policy meeting but signaled rate hikes could come this year. 

The Bank of England (BoE) delivered the hawkish hold the market expected on Thursday, and a second member of its Monetary Policy Committee (MPC) joined the push to raise the Bank Rate. Sterling fell anyway, sliding through the 1.3300 handle to its lowest level since early April, close to 1.3200.

The GBP/JPY retreats during the North American session on Thursday, down 0.21% as the Pound Sterling depreciates, despite the Bank of England (BoE) holding rates unchanged. At the time of writing, the cross-pair trades at 213.11 after peaking near 214.06.

The US Dollar Index (DXY) firmed near 100.80 on Thursday, a level it hadn’t seen since May 2025, after the Federal Reserve (Fed) left interest rates unchanged in the 3.50%-3.75% range in Kevin Warsh’s first policy meeting as Fed Chair on Wednesday.

The USD/CHF pair rallies on Thursday to a new yearly high of 0.8059, surpassing March’s 31 previous peak of 2026 at 0.8042 as the Greenback stages a recovery amid hawkish Federal Reserve (Fed) policy expectations, which drove the pair to reach the ‘inverted head-and-shoulders’ price target.

The GBP/USD pair trades near a two-month close to the 1.3210 level on Thursday as the Pound Sterling (GBP) struggles to gain traction after the Bank of England (BoE) left interest rates unchanged at 3.75%, while the US Dollar (USD) remains supported by the Federal Reserve’s (Fed) cautious policy mes

The Japanese Yen (JPY) weakens on Thursday to a nearly two-year low against the US Dollar (USD), with the USD/JPY pair reaching 161.81, the highest level since July 2024's yearly high of 161.95, spurred by a hawkish Federal Reserve (Fed) and the jump of US Treasury yields.

European Central Bank (ECB) policymaker José Luis Escrivá said on Thursday that higher energy costs are spreading to services and transport, while warning that the inflation outlook remains highly uncertain for the European Union (EU) at a speech in Barcelona.