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USD/CAD retreated as softer US dollar offset weak Canadian GDP, while Iran deal hopes and USMCA risks.
Trump said Hormuz blockade lifted, ships freed; demanded Iran renounce nukes, signaling lower volatility, oil, dollar.
AUD/USD rises near 0.7180 as US-Iran ceasefire hopes lift risk appetite; traders watch key levels, volatility.
Strong US growth and sticky PCE inflation support the dollar, keeping DXY near 100 despite improved risk sentiment.
Canada’s Q1 2026 GDP stalled, missing forecasts; BoC cut bets rise, weakening loonie, USD/CAD climbs.
April US goods trade deficit narrowed to $82.4bn, boosting dollar outlook and shaping options strategies across sectors.
Canada’s GDP fell 0.1% in March, boosting BoC cut odds, weakening CAD, shaping trade strategies.
NZD/USD climbs to 0.5967 as hawkish RBNZ rate outlook boosts Kiwi; key resistance near 0.6200 ahead.
EUR/USD stays below 1.1660; softer Euro data, hotter German inflation and strong US payrolls keep range-bound.
WTI extends three-day slide near one-month lows, pressured by US–Iran truce hopes despite inventory draws, OPEC+ focus.
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