Forex Market

Key Takeaways Rates likely on hold: The Bank of Japan is widely expected to keep its benchmark short-term rate at 0.75% on April 28 — its third consecutive pause since the 25 bps hike in December. Hawkish undertones expected: Despite the hold, the BOJ may revise inflation forecasts upward in …

Global financial markets closed the week with cautious optimism. U.S. equities extended their gains, supported by solid economic fundamentals, even as geopolitical risks in the Middle East continued to cast a shadow. The ceasefire between the United States and Iran largely held, yet the ongoing closure of the Strait of …

The US Dollar is ending the week on a weaker note after losing momentum near recent highs. Despite holding firm earlier on the back of solid US economic data, the Dollar Index has started to ease as traders take profits and reposition ahead of a major week of central bank …

Rising geopolitical tension in the Strait of Hormuz is rapidly evolving into a major economic risk. With naval enforcement tightening and energy shipments increasingly disrupted, global markets are bracing for prolonged uncertainty. The standoff is not just a regional conflict—it is a pressure point for the entire global economy, given …

The EUR/USD showed surprising resilience despite softer economic signals from Europe’s largest economy. A key business survey from Germany pointed to slowing momentum, with confidence indicators slipping amid rising geopolitical tensions in the Gulf and persistent concerns over energy costs.Still, the euro largely brushed off the negative data. Instead of …

A major cloud hanging over US monetary leadership has lifted after authorities moved to end an investigation into Jerome Powell, removing a key obstacle that had delayed a potential transition at the top of the Federal Reserve.The inquiry had centered on Powell’s congressional testimony regarding cost overruns tied to the …

Key Takeaways First weekly gain in three: The U.S. dollar is on course for its first weekly advance in three weeks, buoyed by safe-haven flows amid the U.S.-Iran standoff. Index steady: The dollar index held broadly flat at 98.80, with the euro unchanged at $1.1686 and the British pound ticking …

Key Takeaways Broad-based slide: The pan-European Stoxx 600 fell 0.4%, with Germany’s DAX down 0.1%, France’s CAC 40 off 0.4%, and the U.K.’s FTSE 100 losing 0.4%. Fragile ceasefires: Trump’s three-week extension of the Israel-Lebanon truce faces doubts after Hezbollah was excluded from the talks, while the indefinite U.S.-Iran ceasefire …

Key Takeaways Headline beat: UK retail sales jumped 0.7% month-on-month in March, dramatically outperforming the 0.1% gain analysts had forecast. Annual strength: Year-on-year retail sales climbed 1.7%, comfortably above the 1.3% expected by the market. Excluding fuel: Monthly sales excluding fuel edged up 0.2%, topping predictions of no change from …

The US dollar extended its upward momentum, with the Dollar Index (DXY) holding near the 98.70 region and maintaining its position close to two-week highs. The move reflects a combination of resilient US economic data and ongoing geopolitical uncertainty that continues to support demand for the greenback.Strong US Data Reinforces …