市场资讯

OCBC strategists Sim Moh Siong and Christopher Wong note most Asian FX have firmed, led by MYR, THB and TWD, helped by Iran’s proposal on Hormuz. However, elevated Oil prices and constrained energy passthrough pose risks to demand and could restrain high‑beta, Oil‑sensitive Asian FX.

EUR/JPY depreciates after two days of gains, trading around 186.40 during European hours on Tuesday. The technical analysis of the daily chart indicates the currency cross slips below the ascending channel, signaling a possible bearish reversal.

The USD/JPY pair attracts some intraday selling after the Bank of Japan (BoJ) announced its policy decision and touches a one-week low earlier this Tuesday.

Danske Research Team reports that equities continue to grind higher, led by US and tech names, while cyclicals outperform and consumer staples lag. The rally is highly selective across sectors and regions, with US markets outperforming Europe.

The EUR/GBP cross trades on a flat note near 0.8660 during the early European trading hours on Tuesday. Traders prefer to wait on the sidelines ahead of the Bank of England (BoE) and the European Central Bank (ECB) interest rate decisions later on Thursday. 

The Indian Rupee (INR) weakens further after a brief pause against the US Dollar (USD) in the opening session on Tuesday. The USD/INR pair jumps to near 94.50 as elevated oil prices continue to hurt the Indian Rupee.

Silver (XAG/USD) accelerated its downtrend on Tuesday, to hit fresh two-week lows at $73.35 at the time of writing, as markets shift focus from the war to the world’s major central banks, which will release their monetary policy decisions this week.

UOB’s strategists Quek Ser Leang and Lee Sue Ann highlight that EUR/USD briefly overshot to 1.1754 before closing unchanged near 1.1720, reinforcing a range-trading bias. Intraday, the Euro (EUR) is seen holding between 1.1695 and 1.1745.

Gold (XAU/USD) adds to its intraday losses and touches a three-week low, below the $4,625 level, heading into the European session on Tuesday.

The People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead on Tuesday at 6.8589 compared to the previous day's fix of 6.8579 and 6.8282 Reuters estimate.

The USD/JPY pair is seen consolidating in a narrow band around mid-159.00s during the Asian session on Tuesday as traders opt to wait for the crucial Bank of Japan (BoJ) before placing fresh directional bets.

AUD/USD extends its gains for the third consecutive day, trading around 0.7190 during the Asian hours on Monday. The pair holds gains as the Australian Dollar (AUD) receives support, rising expectations of the Reserve Bank of Australia’s (RBA) rate hikes.

Japan’s Finance Minister Satsuki Katayama said on Tuesday that the economy is rebounding moderately with sustained wage growth momentum, but the outlook calls for caution.

The EUR/USD pair trades with mild gains around 1.1725 during the early Asian session on Tuesday. However, the potential upside might be limited as market sentiment remains fragile due to stalled US-Iran peace talks.

The Bank of Japan (BoJ) will announce its monetary policy decision on Tuesday, at around 3:00 GMT. The BoJ is widely expected to deliver a hawkish hold, keeping the benchmark interest rate unchanged at 0.75% while also hinting at a willingness to hike rates.

US Treasury Secretary Scott Bessent warned that the United States (US)  will place sanctions on anyone conducting business with sanctioned Iranian airlines as commercial flights resume from Tehran, the Wall Street Journal reported on Monday.

Commerzbank’s Charlie Lay, Dr. Henry Hao and Moses Lim argue that the war in Iran has delivered a stagflationary shock to Asia, pushing inflation forecasts higher while leaving growth risks skewed to the downside.

GBP/USD ended Monday largely unchanged from Friday's closing bids close to 1.3535, with the pair drifting in a tight range through the European and US sessions.

US President Donald Trump and his national security team discussed Iran’s proposal to reopen the Strait of Hormuz and end the war, Reuters reported on Monday.  

The US Dollar Index (DXY) is trading cautiously near the 98.50 level as markets prepare for a busy week of central bank meetings.

ING strategist Frantisek Taborsky expects Central and Eastern European (CEE) FX to stay broadly stable this week despite volatile rates and global headlines.

Gold (XAU/USD) price drops during the North American session on Monday as the Greenback trims some of its earlier losses amid a mild deterioration in risk appetite, driven by the lack of progress in US-Iran negotiations. The XAU/USD pair trades at $4,673, down 0.75%.

TD Securities strategists Oscar Munoz and Eli Nir expect the Federal Reserve (Fed) to keep the Fed funds rate at 3.50–3.75% at the April Federal Open Market Committee (FOMC), with Chair Powell maintaining a neutral stance on future policy.

West Texas Intermediate (WTI) Crude Oil holds steady on Monday, as stalled US-Iran peace talks reduce hopes that the Strait of Hormuz will reopen anytime soon. At the time of writing, WTI is trading around $95.00 per barrel, with shifting geopolitical headlines keeping volatility elevated.

Rabobank’s Senior FX Strategist Jane Foley notes that earlier market surveys showed a strong chance of a Bank of Japan (BoJ) rate hike this week, but Governor Ueda’s lack of clear hints at IMF/World Bank meetings shifted expectations to June.

The Euro (EUR) trims part of its earlier gains against the US Dollar (USD) on Monday, as stalled US-Iran peace talks keep market sentiment fragile and limit downside in the Greenback.

The USD/JPY pair is trading near the 159.30 price zone as markets are increasingly positioning for a hawkish hold from the BoJ, with policymakers expected to keep the benchmark rate unchanged at 0.75% while signaling a willingness to tighten further.

Dow Jones Industrial Average (DJIA) futures trade around 0.4% lower on Monday, slipping to near 49,100 after dipping briefly below 49,050 earlier in the session.

Silver (XAG/USD) declines and is trading around $74.90 on Monday, down 1.06% on the day. The white metal struggles to find a clear direction in an environment marked by investor caution.

MUFG strategists say EUR/USD has retreated toward the middle of its 1.1400–1.2000 range as the Euro faces headwinds from the Middle East energy shock and weaker euro-zone PMIs.

GBP/USD trades around 1.3565 on Monday, up 0.23% on the day, supported by a weaker US Dollar in a context of improving risk appetite.

ING’s Chris Turner highlights unusually low USD/JPY volatility despite multiple global risks and key central bank meetings. Their economists warn markets underprice the risk of a Bank of Japan (BoJ) rate hike and possible upward revisions to inflation forecasts.

BNY's Bob Savage notes that the US Dollar (USD) is slightly softer as record-high equities hold despite higher Oil prices and mixed United States (US) futures.

Gold (XAU/USD) holds firm at the start of the week as fresh US-Iran headlines improve market sentiment, even after talks over the weekend failed to materialize. At the time of writing, XAU/USD is trading around $4,704, little changed on the day after hitting an intraday peak of $4,730.

DBS Group Research’s Philip Wee notes that Brent has climbed back above $100 per barrel as geopolitical risks intensify. The move comes ahead of the War Powers Resolution vote, with markets focused on the potential for an unauthorized extension of US operations and a dual blockade scenario.

The New Zealand Dollar (NZD) is rallying against a weaker US Dollar (USD) for the second consecutive day on Monday, reaching session highs above 0.5900 at the time of writing, after bouncing at lows around 0.5840 on Friday.

Societe Generale’s Kenneth Broux and colleagues note that EUR/GBP has formed a lower high near 0.8740 and is struggling above its 200‑day moving average, with price action resembling a Head and Shoulders pattern.

HSBC strategists highlight that the Japanese Yen (JPY) has been the weakest G10 currency month-to-date, with USD/JPY trading in an unusually narrow range despite Japan’s large net energy import status and Gulf exposure.

ING’s Warren Patterson and Ewa Manthey observe that managed money net long positions in COMEX Gold have declined, with investors turning more cautious.

The GBP/JPY pair ticks up to near 215.70 during the early European trade on Monday. The pair edges higher as the Japanese Yen (JPY) underperforms its major currency peers amid uncertainty surrounding the Bank of Japan’s (BoJ) monetary policy, which will be announced on Tuesday.

The EUR/GBP cross holds steady around 0.8660 during the early European trading hours on Monday. Markets turn cautious ahead of the European Central Bank (ECB) and the Bank of England (BoE) interest rate decisions on Thursday. 

Gold (XAU/USD) rallies over $50 from the $4,672 region, or the Asian session low on Monday, though it lacks follow-through buying.

The USD/JPY pair gives back its opening gains and trades marginally lower around 159.20 during the late Asian trading session on Monday. The pair surrenders early gains as the US Dollar (USD) turns upside down despite the United States (US)-Iran diplomacy remaining at a stalemate.

The AUD/JPY cross gathers strength to around 114.15 during the early European session on Monday. Reports that Iran gave the US a proposal for reopening the Strait of Hormuz and ending the war improve market sentiment, supporting the riskier currencies such as the Australian Dollar (AUD).

The USD/CAD pair attracts some sellers following a modest Asian session uptick to the 1.3680 area on Monday, though it lacks follow-through selling.

The Indian Rupee (INR) holds onto weekly losses against the US Dollar (USD) at open on Monday.

USD/CHF remains subdued for the second successive day, trading around 0.7840 during the Asian hours on Monday. The pair struggles as the US Dollar (USD) extends its losses despite increased safe-haven demand.

The GBP/USD pair attracts some dip-buyers in the vicinity of the 1.3500 psychological mark and climbs to over a one-week top during the Asian session on Monday. Spot prices currently trade just below mid-1.3500s, up 0.10% for the day, and seem poised to appreciate further.

Gold prices rose in India on Monday, according to data compiled by FXStreet.

Iran's Foreign Minister Abbas Araghchi held talks in ‌Oman on Sunday and discussed security in the Strait of Hormuz and broader Gulf waters and diplomatic efforts to end the Iran-US conflict, Reuters reported on Sunday.