Home / Market Update / Forex Market (page 13)

Forex Market

Oil Roars Back 3% as U.S.-Iran Weekend Strikes and Israel’s Lebanon Push Reignite Supply Fears

Key Takeaways Sharp rebound: Brent crude rose 2.8% to $93.63 per barrel, while WTI advanced 3.1% to $90.05 — bouncing back after last week’s roughly 10% declines. Weekend strikes resume: The U.S. military struck Iranian military sites over the weekend, targeting air defenses, drone command facilities, and related infrastructure. Iran …

Read More »

Weekly Recap: Wall Street Ends May at Record Highs While Oil and Dollar Retreat

Global financial markets closed out May 2026 amid one of the most dynamic and eventful trading environments of the year. Three dominant themes shaped investor sentiment throughout the week: geopolitical developments in the Middle East, evolving expectations for U.S. monetary policy, and the continued artificial intelligence-driven surge in technology stocks.Negotiations …

Read More »

Sticky PCE Inflation Supercharges Dollar, Deepens Pressure on Japanese Yen

The Japanese Yen remained under heavy pressure Friday after fresh US inflation data reinforced expectations that the Federal Reserve could keep interest rates elevated for far longer than markets had hoped, giving the Dollar renewed momentum across global currency markets.Investors closely watched the latest Personal Consumption Expenditures (PCE) report — …

Read More »

Euro Climbs as Hopes for US-Iran Deal Weigh on Dollar and Oil Prices

The euro strengthened against the US dollar on Thursday as growing optimism surrounding a potential agreement between Washington and Tehran pushed investors away from the dollar and sent oil prices sharply lower.Financial markets reacted positively after signals emerged that negotiations between the United States and Iran were moving closer to …

Read More »

Dollar Treads Water as Iran 60-Day Ceasefire Deal Eases Safe-Haven Demand: Tokyo CPI Miss Pressures Yen

Key Takeaways Dollar little changed: The DXY held near 99 in Asian trade after slipping 0.2% overnight, headed for a weekly loss. Ceasefire extension reported: The U.S. and Iran have reached a draft framework to extend the truce 60 days while nuclear and regional security talks continue. Awaiting final approval: …

Read More »

Gold Treads Water as Iran Ceasefire Extension Hopes Battle Inflation Storm: PCE Hits 3-Year High

Key Takeaways Gold flat: Spot gold held steady at $4,495.9 per ounce, while gold futures edged down 0.1% to $4,526.17. Volatile week, flat outcome: Bullion is set to end the week largely unchanged after wild swings driven by Middle East headlines. Two-month low then recovery: Gold hit a two-month low …

Read More »

Oil Heads for 10% Weekly Crash as 60-Day Ceasefire Extension Report Slams Supply Fear Premium

Key Takeaways Prices ease further: Brent crude fell 0.5% to $93.24 per barrel, while WTI dropped 0.9% to $88.17. Brutal weekly loss: Both benchmarks on track for nearly 10% weekly declines — their steepest in months. 60-day ceasefire draft: Reports indicate Washington and Tehran have reached a draft agreement to …

Read More »

Sterling Shrugs Off Weak US Inflation as Markets Shift Focus to Bigger Storm Ahead

The British pound held firm against the US Dollar despite softer-than-expected American inflation data that would normally have sparked a stronger rally for sterling. Instead, currency markets delivered a surprisingly muted reaction, signaling that investors may already have priced in expectations of weaker US economic momentum.Fresh figures showed inflation pressures …

Read More »