Forex Market

Sudden Market Shock Revives Intervention FearsThe Japanese Yen stabilized on Monday after a dramatic burst of volatility rattled currency markets and reignited speculation that Tokyo had quietly stepped into the market to support its struggling currency. During Asian trading, the USD/JPY pair suddenly plunged before rebounding just as quickly, a …

Key Takeaways Iran’s bold claim: Tehran’s navy says it turned away enemy warships in the Strait of Hormuz with a “swift and decisive warning,” per Iranian state TV. CENTCOM pushback: The U.S. command confirmed no American navy ships were hit, while two U.S.-flagged merchant vessels successfully transited the strait. Tehran …

Key Takeaways Futures slip: Dow futures fell 213 points (-0.4%), S&P 500 futures dropped 0.2%, and Nasdaq 100 futures slid 0.1% as Hormuz tensions flared. Iran turns away warships: Iran’s navy claimed it repelled enemy warships in the Strait of Hormuz with a “swift and decisive warning,” per Reuters citing …

Key Takeaways Prices steady: Spot gold held at $4,612.98/oz, while gold futures slipped 0.4% to $4,624.14/oz. Two months of pain: Gold is nursing back-to-back monthly losses as inflation fears overshadow safe-haven appeal. Other metals firmer: Spot silver rose 0.4% to $75.6945/oz, while spot platinum gained 0.9% to $2,010.0/oz. Trump’s Hormuz …

Key Takeaways Yen edges up: USD/JPY slipped 0.1% to 156.92, retreating slightly from an earlier climb to 155.69 amid thin holiday trading. Biggest weekly jump since February: The yen spiked roughly 1.5% against the dollar last week. $35 billion strike: Reuters reported Tokyo may have spent as much as 5.48 …

Key Takeaways Muted European open: The Stoxx 600 and DAX both rose 0.2%, while the CAC 40 and FTSE 100 traded broadly unchanged. Trump’s Hormuz push: The president announced a new effort over the weekend to help vessels stranded in the Strait of Hormuz, though details remain scarce. Mine danger …

Key Takeaways Hike widely expected: The RBA is anticipated to raise rates by 25 basis points to 4.35% on May 5 — its third hike of the year. Easing cycle reversed: The move will fully unwind the brief easing cycle of 2025 and return rates to late-2024 levels. Inflation alarm …

While some weeks pass in silence, others redraw the global economic map. The trading week of April 27 – May 1, 2026, falls firmly into the latter. Between five major central bank decisions, a historic Fed dissent, aggressive Japanese intervention to bolster the Yen, and blockbuster tech earnings, market expectations …

Gold prices climbed above the $4,600 mark, extending gains as Japan’s intervention in currency markets pushed the U.S. Dollar lower. At the same time, news of a new proposal from Iran helped ease oil prices, lifting investor sentiment and supporting Wall Street’s positive tone. Fed Keeps a Watchful EyeDespite the …

President Donald Trump announced he will raise tariffs on cars and trucks imported from the European Union to 25%, a sharp increase that could shake global markets. He accused the EU of failing to comply with last year’s trade deal, insisting the higher tariffs would push European manufacturers to move …