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The UAE is out with a statement condemning the attack as one of its ADNOC crude oil tanker was targeted by
Global Affairs Correspondent for Axios, Barack Ravid, said on X that a senior US official denied Iranian missiles hit a US
Iran’s Fars News Agency reports that two missiles struck a US warship near Jask Island after it allegedly ignored repeated warnings
A spokesperson for Iran’s Islamic Revolutionary Guard Corps (IRGC) declared that any vessel violating the Islamic Republic’s maritime rules will be
If you weren't looking at your chart today, I would not blame you for missing this event from earlier. USD/JPY saw
Higher energy prices bound to spread to the rest of the economyPolicy tightening in June is all but inevitableIncreasingly likely that
Full report hereThe latest ECB Survey of Professional Forecasters (SPF) showed a complex environment for the Eurozone economy in the short-term,
Prior -19.2Euro area investor morale surprisingly picks up in May, indicating that investors do not expect a further escalation to the
Manufacturing PMI 52.2 vs 52.2 prelimPrior 51.6Much like the country-level reports would suggest, it is all about stockpiling here. That is
Prior was 52.2Key findings:April sees further, albeit slower, increases in output and new orders Business expectations turn negative for first time
Manufacturing PMI 52.8 vs 52.8 prelimPrior 50.0The final report reaffirms a pick up in both output and new orders, increasing at
Prior 51.3Key findings:Output rises at strongest rate in over three years, but demand softens Purchasing activity growth hits four-year record Delivery
Prior 53.3Swiss manufacturing activity shows a notable pick up in April but it could be a similar case to that in
Manufacturing PMI 51.7 vs 49.5 expectedPrior 48.7That's a surprising jump but the details show that it is mostly on the back
Monday starts off quietly with no significant scheduled economic events, but the FX market will watch for any new developments regarding
Dollar is starting the week on a soft footing, and even a strong US non-farm payroll report this week may not
Dollar’s broader weakness reasserted itself last week, even as it managed a modest late rebound against Euro. Across the board, however,
Dollar remains firmly on the defensive as markets head into the US session, with selling pressure picking up once again. Despite
Dollar is losing ground quickly as markets move into May, caught between a powerful risk rally and a sharp rebound in
Yen is stealing the spotlight in an otherwise crowded macro day—and it did not take actual intervention to do it. After
Today’s calendar is packed with major data releases including GDP and inflation from Eurozone and the US, ECB and BoE rate
USD/JPY is once again approaching the 160 level, putting markets on alert for potential Japanese intervention. The pair’s steady climb, driven
Despite the renewed surge in oil prices, there has been little shift in overall sentiment. Brent’s move higher would typically trigger
Oil prices extended their rally in today’s session, with Brent breaking through the $111 mark and confirming a decisive move above
Yen strengthened broadly after the Bank of Japan’s hawkish hold, but gains are likely to be short-lived as markets question how
Dollar is coming under renewed pressure as traders move to lighten long positions ahead of the FOMC meeting this week. The
Asian equities surged to fresh record highs, with KOSPI jumping more than 2.5% and Nikkei advancing over 1.5%, extending what has
Dollar’s inability to hold onto last week’s gains is emerging as a key signal that the broader trend may be turning
Dollar is paring back some of this week’s gains as tentative optimism emerges around a possible revival in US–Iran peace talks.
Dollar and oil are rising together today as ceasefires extend—but conflict persists. Despite a three-week extension of the Israel–Hezbollah truce and
Data source: FXStreet, Finance Magnates, DailyFX, Investing.com, Forexlive and Action Forex
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