Risk-on sentiment dominates Asian trade as tech equities rally on AI optimism while USD weakens across the board amid expectations of Fed policy pivot.
Risk-on sentiment dominates Asian trade as tech equities rally on AI optimism while USD weakens across the board amid expectations of Fed policy pivot.
NZD +0.24% — Commodity currency strength on improved risk appetite GBP +0.16% — Sterling supported by resilient UK economic data expectations AUD +0.13% — Risk-on flows benefit antipodean currencies EUR +0.07% — Modest gains as dollar weakens broadly CHF +0.16% — Safe haven demand eases slightly CAD +0.06% — Loonie supported despite oil weakness JPY +0.37% — Yen gains as carry trades unwind modestly USD -0.10% (avg) — Greenback softer on dovish Fed repricing
EURUSD 1.1442 | Bias: NEUTRAL | Watch: 1.1400 support and 1.1500 resistance USDJPY 161.7520 | Bias: SHORT | Watch: 162.00 intervention zone risk remains elevated GBPUSD 1.3426 | Bias: LONG | Watch: 1.3450 breakout potential on Cable momentum
S&P 500 5751.71 +0.85% — Broad-based rally supported by mega-cap tech strength Nasdaq 26207 +1.30% — AI-related names drive outperformance in growth stocks Nikkei 225 68558 +1.20% — Japanese equities benefit from corporate earnings optimism DAX 25153 +0.14% — European markets lag Asian and US counterparts
Gold 4122.90 -0.43% — Profit-taking after recent highs as real yields tick higher WTI Crude 71.52 -0.78% — Supply concerns ease while demand outlook remains mixed Silver 60.53 -0.36% — Industrial metal follows gold lower in technical correction
Bitcoin 63896 +1.13% — BTC rebounds above 63k as institutional flows return and correlation with tech equities strengthens Ethereum 1772.48 +1.62% — ETH outperforms on anticipated network upgrade momentum and DeFi activity pickup
LONG: GBPUSD | 1.3400-1.3420 | Sterling momentum building with bullish technical setup LONG: Nasdaq | 26000-26100 | Tech rally has room to run on earnings season optimism SHORT: Gold | 4130-4150 | Overbought conditions warrant correction toward 4080 support SHORT: WTI Crude | 72.00-72.50 | Downside pressure persists on demand concerns
US Consumer Sentiment Prelim | 16:00 CET | High impact
🌍 MACRO TONE Risk-on sentiment dominates Asian trade as tech equities rally on AI optimism while USD weakens across the board amid expectations of Fed policy pivot
US Consumer Sentiment Prelim | 16:00 CET | High impact