Risk-on sentiment prevails as US equities surge while safe-haven yen weakens, driven by tech sector optimism offsetting sharp crude oil selloff.
Risk-on sentiment prevails as US equities surge while safe-haven yen weakens, driven by tech sector optimism offsetting sharp crude oil selloff.
AUD +0.20% — Commodity currency strength despite oil weakness, broader risk appetite NZD +0.17% — Following AUD higher on improved risk sentiment EUR +0.12% — Modest gains as dollar softens across major pairs CHF -0.09% — Safe-haven flows reversing amid equity rally GBP -0.07% — Marginal weakness against dollar, underperforming euro CAD -0.08% — Oil collapse weighing on loonie despite risk-on backdrop JPY -0.64% — Heavy selling as investors rotate from safety into risk assets
EURUSD 1.1541 | Bias: LONG | Watch: 1.1500 support, targeting 1.1600 on dollar weakness USDJPY 156.39 | Bias: LONG | Watch: 157.00 breakout as yen bears dominate AUDUSD 0.7039 | Bias: LONG | Watch: 0.7050 resistance, risk sentiment underpins
S&P 500 5747 +0.72% — Broad-based gains supporting positive momentum Nasdaq 25374 +1.00% — Tech leadership driving outperformance Nikkei 225 63663 -1.09% — Yen strength earlier in session pressured exporters before reversal DAX 25629 +0.07% — Consolidating near highs with modest gains
Gold $4115 +0.20% — Holding elevated levels despite reduced haven demand, inflation hedge appeal intact WTI Crude $79.82 -5.73% — Sharp selloff on demand concerns or potential supply increase announcement Silver $58.16 +0.64% — Outperforming gold with industrial demand optimism
Bitcoin $62739 -1.19% — Consolidating below $63K, risk-on equities drawing flows away from digital assets Ethereum $1857 -1.35% — Underperforming BTC, watching $1850 support for directional cues
LONG: EURUSD | 1.1520-1.1540 | Dollar weakness trend continues, bullish momentum intact LONG: Nasdaq | 25300-25350 | Tech sector strength, ride momentum above 25K SHORT: USDCAD | 1.4050-1.4080 | Oil collapse overdone, CAD recovery expected SHORT: USDJPY | 157.50-158.00 | Yen oversold, intervention risk rising at these levels
US ISM Services PMI | 16:00
🌍 MACRO TONE Risk-on sentiment prevails as US equities surge while safe-haven yen weakens, driven by tech sector optimism offsetting sharp crude oil selloff
US ISM Services PMI | 16:00