Forex
The NZD/USD starts the session near the 0.5880 region on Tuesday as the US Dollar (USD) weakens amid shifting Federal Reserve (Fed) expectations and mixed developments surrounding negotiations between the US and Iran.
Commodities
Discover Market reactions to the latest geopolitical news: US equities stage an aggressive relief rally after President Trump halts a planned military strike on Iran at the direct request of Saudi Arabian and UAE leaders. As immediate geopolitical tail risks evaporate and WTI Crude faces heavy selling pressure. Intraday charts for Oil, the US Dollar and the S&P 500.
Forex
The US Dollar Index (DXY) falls toward the 99.10 region on Monday as traders assess fresh geopolitical headlines and the upcoming leadership transition at the Federal Reserve (Fed).
Indices
S&P 500, Dow Jones, Nasdaq Analysis and Trading Levels: US stock benchmarks correct after the shock of the Kevin Warsh trade. Despite the White House rejecting Iran's latest nuclear proposal and WTI Crude pushing higher, equities are somewhat shrugging off the geopolitical noise. Explore our intraday technical breakdown for the Dow, Nasdaq, and S&P 500.
Forex
The US Dollar (USD) hesitates against the Swiss Franc (CHF) on Monday after rallying nearly 1.2% in the four previous trading days.
Forex
United Overseas Bank's (UOB) Quek Ser Leang and Lee Sue Ann turn more negative on AUD/USD after a sharp sell-off toward 0.7140. They now sees a real chance of testing and breaking the major 0.7100 support, with 0.7065 as the next downside level.
Forex
The USD/CAD pair trades marginally lower to near 1.3735 during the European trading session on Monday. The Loonie pair faces selling pressure as the US Dollar (USD) turns upside down due to hopes that the United States (US) and Iran will break the deadlock and reach a deal soon.
Crude Oil prices are giving away previous daily gains in the early European session on Monday.
Commodities
Silver price (XAG/USD) is down over 1% to near $75.00 during the European trading session on Monday. The white metal extends its two-day massive decline as rising oil prices due to fears of the United States (US)-Iran war resumption have promoted global inflation expectations further.
Forex
Here is what you need to know on Monday, May 18:
