Hope Wanes, USD Little Changed While Bonds and Stocks Weaken
The U.S. dollar is trading in a narrow range against G10 currencies while equities and bonds are under pressure. A potential escalation in the Middle East, highlighted by Tehran’s rejection of a U.S. cease‑fire proposal, is dampening risk appetite. Oil futures have surged to near $95 a barrel, reinforcing the risk‑off mood. Meanwhile, the 10‑year Treasury yield nudged above 4.37%, and key economic data such as U.S. jobless claims are set for release.
Hope Lifts Risk Appetites Ahead of the Bank of Canada and FOMC Meetings
Markets are navigating heightened uncertainty as the Middle East conflict eases oil flow, pushing WTI back above $94, while the Federal Reserve and Bank of Canada are set to keep policy unchanged. The Fed’s updated dot‑plot still signals a single...
Middle East War Intensifies, IEA Proposes a Coordinated Release of Strategic Reserves, G7 to Consider
The Middle East war intensified with three tankers attacked in the Strait of Hormuz, prompting the International Energy Agency to propose a coordinated release of 300‑400 million barrels from strategic reserves. The G7 will discuss the plan, which dwarfs the 180 million‑barrel...
The Dollar Is the Only Game in Town
The U.S. dollar is strengthening across major G10 pairs as the Middle East conflict fuels risk aversion, pushing the euro, yen, and sterling lower. Emerging market currencies such as the peso, yuan and real also slide, while equity markets suffer...
Week Ahead: Does the Dollar Still Have Legs After the Tariff Ruling?
The U.S. Supreme Court invalidated President Trump's emergency authority to impose broad tariffs, prompting a modest sell‑off in the dollar despite its recent resilience. Dollar Index fell to just above 97.5, yet key technical levels held, while the euro recovered...
The Dollar Consolidates While Japan Steps Up Its Intervention Threats and Decision Day for the SCOTUS
The U.S. dollar is in a consolidating phase, hovering around JPY158.6 after a brief push toward JPY159.5, as Japanese authorities intensify verbal warnings of possible market intervention. In North America, traders await U.S. PPI, retail sales data and comments from...