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EUR/USD Price Forecast: Flag breakdown supports more downside towards 1.1325
The Euro (EUR) holds opening losses at around 1.1390 against the US Dollar (USD) during the mid-Asian trading session on Monday. The major currency pair faces selling pressure as the US Dollar starts the week on a strong note due to an increase in the appeal of safe-haven assets.
EUR/JPY Price Forecast: Edges higher above 184.50, but stays capped by clustered resistance
 The EUR/JPY cross trades in positive territory around 184.65 during the Asian trading hours on Monday. However, the potential upside for the cross might be limited as heightened geopolitical tensions in the Middle East could boost a safe-haven currency.Â
AUD/USD Price Forecast: Retreats further from multi-week top but holds above 0.6900
The AUD/USD pair builds on its modest weekly bearish gap opening and retreats further from a two-and-a-half-week top, near the 0.6970 region, touched on Friday. Spot prices drop to the 0.6930-0.6925 area during the Asian session as escalating US-Iran tensions underpin the safe-haven US Dollar (USD).
United States Dollar Index holds above 101.00 on Middle East tensions
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is remaining stronger for the second successive day, trading around 101.10 during the Asian session on Monday.
Canadian Dollar edges lower as US launches new wave of strikes against Iran
The USD/CAD pair gains traction to near 1.4165, snapping the four-day losing streak during the Asian trading hours on Monday. The US Dollar (USD) strengthens against the Canadian Dollar (CAD) amid lingering tensions regarding the US-Iran conflict.
Silver Price Forecast: XAG/USD falls to near $59.00 amid rising US-Iran strikes
Silver price (XAG/USD) extends its gains for the second successive day, trading around $59.00 per troy ounce during the Asian hours on Monday.
Japanese Yen weakens vs USD as Iran tensions and rate gap counter intervention risks
The USD/JPY pair builds on Friday's late rebound from the 161.30-161.25 region and gains strong positive traction at the start of a new week. The momentum lifts spot prices back above the 162.00 round figure during the Asian session and is sponsored by a combination of supporting factors.
New Zealand Dollar declines as safe-haven demand lifts US Dollar
NZD/USD depreciates after three days of losses, trading around 0.5750 during the Asian hours on Monday. The currency pair holds onto its losses as the New Zealand Dollar (NZD) remains subdued, failing to find immediate support despite a positive turnaround in local economic data.
PBOC sets USD/CNY reference rate at 6.7972 vs. 6.7989 previous
On Monday, the People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead at 6.7972 compared to Friday's fix of 6.7989 and 6.7850 Reuters estimate.
Gold declines below $4,100 as fresh US-Iran strikes stoke inflation fears
Gold price (XAU/USD) attracts some sellers to near $4,070 during the early Asian trading hours on Monday. The precious metal extends its decline amid escalating tensions between the US and Iran.
British Pound remains depressed below 1.3400 as escalating US-Iran tensions underpin USD
The GBP/USD pair finds some support near 1.3370 after a modest gap-down opening on Monday, though it lacks bullish conviction and remains below 1.3400.
WTI surges above $74.00 as US-Iran strikes reignite Hormuz risks
West Texas Intermediate (WTI) oil price rises after two days of losses, trading around $74.20 during the Asian hours on Monday.
Euro weakens to near 1.1400 as US-Iran escalation boosts US Dollar
The EUR/USD pair edges lower to around 1.1400 during the early Asian session on Monday, pressured by heightened geopolitical tensions in the Middle East.