NZD/USD remains stronger for the fourth consecutive day, trading around 0.5910 during the Asian hours on Thursday. The pair gains ground as the US Dollar (USD) struggles amid faded safe-haven demand following US President Donald Trump’s extension of a ceasefire with Iran.

Scotiabank strategists Shaun Osborne and Eric Theoret highlight that the Japanese Yen (JPY) is flat against the US Dollar (USD), underperforming G10 peers in subdued trading. USD/JPY price action suggests consolidation in a 157.50–160.50 band, with a flat RSI signaling limited momentum.

The NZD/USD pair is trading with a cautious tone around the 0.5910 region on Thursday, as the US Dollar (USD) maintains a firm footing despite a modest pullback in US Treasury yields.

The dollar index ICEUS:DXY today is down by -0.03%. The dollar gave up an early advance today and turned lower after a rally in stocks reduced liquidity demand for the dollar, following President Trump’s announcement that he will indefinitely extend the ceasefire with Iran. Also, lower T-note yield…

AUD/USD is stuck within a range as Middle East geopolitical tensions remain high, with US President Trump extending the ceasefire while Iran seized two container ships in the Strait of Hormuz.

Little change, as mixed intraday studies keep near-term sentiment cautious and extend consolidation above congestion support at 1.3500

Treasury Sec. Bessent says Gulf and Asian allies seek US dollar swap lines after Iran war turmoil.

TS Lombard strategist sees attractive opportunity in shorting USD/JPY

GBP/USD shows minimal movement near 0.1%, maintaining a neutral tone despite UK inflation data, as markets focus on Middle East developments.

USD/CAD continues to trade laterally on Wednesday, during the North American session, flattish at around 1.3658, as the pair seems capped by April’s 20 price action, in which the Loonie appreciated 0.34% against the US Dollar.