USD/CAD halts its four-day winning streak, trading around 1.3850 during the Asian hours on Friday. The pair weakens as the US Dollar (USD) softens on decreasing risk aversion after recent remarks from US President Donald Trump. Trump said Washington would pause attacks on Iran’s energy sector for 10 days at Tehran’s request, extending the April 6 deadline to allow…
Risk-off sentiment deepened on Thursday as mounting skepticism over a near-term US-Iran ceasefire drove oil sharply higher while equities, gold, and Bitcoin fell across the board. With Trump’s end-of-week deadline approaching and no meaningful progress from either side, the US dollar finished as the best-performing major currency of the session, supported by safe-haven flows and a steady climb in…
Japan flags FX intervention risk as oil-driven volatility pressures yen Summary: Japan signals readiness to stabilise funding conditions for businesses Authorities link FX volatility to oil-driven speculative moves G7 finance ministers to hold online meeting on market conditions Japan warns it will take “decisive steps” in FX if needed Officials monitoring markets with heightened vigilance Japan’s Finance Minister Katayama…
DBS Group Research economist Radhika Rao discusses how the Philippines’ declaration of a national energy emergency in response to Middle East supply risks could affect inflation, growth and the Philippines Peso (PHP). She notes pressure on onshore markets, record Peso weakness and underperforming equities, and expects the central bank of the Philippines, Bangko Sentral ng Pilipinas (BSP) to maintain…
EUR/JPY just busted out of a triangle consolidation pattern on the 4-hour time frame! Are more traders waiting to hop in on a pullback? Check out these potential near-term correction levels: EUR/JPY 4-hour Forex Chart Faster with TradingView Global uncertainty and conflicting central bank biases have kept EUR/JPY stuck in a holding pattern for a couple of months already….
Iran offers conditional Hormuz access to Spain-linked vessels, signalling selective easing, though global energy flows remain constrained. Summary: Iran signals openness to Spain-linked Hormuz transit requests “Non-hostile vessels” allowed passage with coordination, per prior UN note First explicit concession toward an EU state amid ongoing conflict Limited practical impact given Spain’s small tanker presence in the Gulf Signs of…
Standard Chartered economists Chong Hoon Park and Arup Ghosh update their South Korea forecasts following higher Oil prices linked to Middle East tensions. They now see 2026 CPI inflation at 2.4% versus 2.0% previously, with Oil averaging USD 85/bbl. Growth is trimmed to 1.9% in 2026, while 2027 projections for growth and CPI remain unchanged. Oil-driven inflation and growth…
2026.03.26 2026.03.26 US Dollar Firms as US–Iran De-Escalation Remains Uncertain. Forecast as of 26.03.2026 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ Despite divergent monetary policies, the EUR/USD pair continues to track oil price movements. At the same time, Brent is driven by shifting headlines and rumors surrounding US–Iran negotiations. However, for now, Washington and Tehran are far from reaching an agreement. Let’s discuss this…
The price of crude oil remains tightly tied to developments in the Iran conflict. While the Trump administration continues to highlight military successes, the broader strategic picture is less settled. Iran’s leadership has not agreed to the proposed 15-point plan, keeping tensions elevated and leaving uncertainty around what comes next. As long as that uncertainty lingers—and the risk of…
Alan Taylor, an external member of the Monetary Policy Committee of the Bank of England (BoE), said that he currently sees a high bar to hiking the rates at a conference in New York hosted by Exante Data. He also added that the current energy shock looks more like the 2011 situation than the 2022. Key takeaways: The current…
