USD/JPY just turned lower from resistance! Will it head toward lower inflection points as this week’s catalysts hit?

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ING says Japan’s March CPI beat forecasts and inflation will accelerate further, complicating the BoJ’s rate decision on April 28 and keeping an April hike on the table despite market consensus for a hold. Earlier previews with a conflicting view: Note, Bank of Japan Governor Ueda will not physically attend the meeting. Ueda will attend by phone due to…

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On Monday, the People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead at 6.8579 compared to Friday’s fix of 6.8674 and 6.8282 Reuters estimate. PBOC FAQs The primary monetary policy objectives of the People’s Bank of China (PBoC) are to safeguard price stability, including exchange rate stability, and promote economic growth. China’s central…

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High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not invest money that you…

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The AUD/USD pair trades in negative territory near 0.7145 during the early Asian session on Monday. The Australian Dollar (AUD) softens against the US Dollar (USD) amid fragile peace talks in the Middle East, and markets brace for the Federal Reserve (Fed) interest rate decision later on Wednesday.  Efforts to resume peace talks over the Iran war stalled after…

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Goldman Sachs raised its Q4 2026 Brent forecast to $90/bbl and WTI to $83/bbl, citing 14.5 mln bpd of Middle East output losses driving a record 11-12 mln bpd global inventory draw in April. Summary Goldman Sachs raises Q4 2026 Brent crude forecast to $90/bbl, up from prior forecast of $80/bbl Q4 2026 WTI forecast lifted to $83/bbl from…

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Gold (XAU/USD) price recovers some ground on Friday, extending its gains above $4,700 as market sentiment remains upbeat amid headlines from Iran and the US pointing to a resumption of second-round talks aimed at ending the conflict. At the time of writing XAU/USD trades at $4,726, up 0.47%. Bullion firms as softer Dollar and lower yields fuel rebound anew…

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Tehran’s sequenced negotiation plan puts war’s end before nuclear discussion. Mid East media with the report. Summary Iran has submitted a three-phase negotiation framework to mediators, per Al Mayadeen’s Tehran correspondent Phase one: ending the war and securing non-resumption guarantees for both Iran and Lebanon; no other issues on the table at this stage Phase two: management of the…

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Despite the tricky situation in the Middle East, America’s top stock indices are lingering near all-time highs. Even though most analysts predict a recession is near, investors, or better said speculators, seem to ignore this. Higher inflation readings should force central bankers to raise the interest rates, thus provoking a global recession. But let me show you the top…

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Now there is some real smoke around the idea that there is division in the Iranian delegation. Iran state media reports that Ghalibaf is out for including nuclear in negotiations (translated): According to information received by Iran International, Mohammad Bagher Ghalibaf, head of the Islamic Republic’s negotiating delegation with U.S. representatives in Islamabad, has resigned and stepped down from…

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