Forex
USD/JPY trades in a narrow range on Wednesday, as the Japanese Yen (JPY) struggles to capitalize on a softer US Dollar (USD). At the time of writing, the pair is trading around 158.50 after retreating from the 160.00 handle touched earlier this week.
Crypto
Bitcoin has broken a five-month losing streak, reclaiming the $68,500 level, driven by returning institutional ETF inflows and renewed buying from Michael Saylor's MSTR. Bulls are eyeing a sustained close above $72,600 to confirm a fast move toward the $80,000 target.
Forex
USD/CAD trades with a softer tone on Wednesday, as a pullback in the US Dollar (USD) lends support to the Canadian Dollar (CAD). The pair is trading around 1.3891 at the time of writing, retreating after touching its highest level since December 2025 earlier this week.
Forex
EUR/USD extends its advance for a second consecutive day on Wednesday, climbing to one-week highs as improving optimism around the US-Iran war lifts risk sentiment, pushing the Euro (EUR) higher and weighing on the US Dollar (USD).
Mid-Week update for North-American Markets – The narrative has changed for Markets, easing risk-sentiment for Stock Indexes and dragging both the US Dollar and Canadian Dollar. Taking a close look at NA index and currency performance combined with a USD/CAD intraday chart to spot what's next for American Markets.
Forex
Scotiabank strategists Shaun Osborne and Eric Theoret note the Canadian Dollar (CAD) is only slightly firmer versus the Dollar (USD) despite broad USD weakness, but sees scope for a meaningful CAD recovery after a 1.4% Q1 decline.
Richmond Federal Reserve Bank President Tom Barkin told Reuters on Wednesday that he does not see inflation expectations at the risk of breaking out.
EUR/USD has surged towards 1.1600 due to "war optimism" following US President Donald Trump's comments and the hawkish stance of the ECB, which has created a yield differential favoring the Euro. The "Trump Reversal" seems to hold the key.
West Texas Intermediate (WTI), futures on NYMEX, claws back half of its early losses during the European trading session on Wednesday. Still, the oil price is down 1.5% to near $96.00.
Forex
The Australian Dollar (AUD) is outperforming most of its peers on Wednesday, and extends gains against the US Dollar (USD), reaching the mid-range of 0.6900s, from 0.6833 lows on Tuesday, fuelled by higher risk-appetite amid hopes of a swift end to the Iran war.
