Market participants maintain a focus on war developments. Continued tensions between the United States (US) and Iran put financial boards in risk-off mode on Tuesday. The US Dollar (USD) is the overall winner, appreciating against all major rivals.
For years, Japan was the world’s ultimate source of cheap money.
GBP/USD remains indecisive, with price action reacting to key technical zones while markets wait for clarity on geopolitical risks and USD direction.
Bitcoin continues to drift lower as rising yields pressure risk assets, but resilience during recent volatility keeps buyers watching for a rebound toward the 200-day EMA.
Natural gas rallied on hotter weather but remains vulnerable to selling pressure, with $3.00 as the key pivot and $3.30 as major resistance.
Gold remains choppy around $4,600 as high US yields pressure prices, but buyers continue to defend dips while waiting for clearer Middle East signals.