Sterling edged lower against a stronger US dollar on Tuesday, as investors turned their focus to upcoming central bank decisions and ongoing geopolitical uncertainty linked to the Iran war. The British pound was last down 0.3% against the dollar, trading at $1.3488. It was little changed against the euro at 86.55 pence. Market participants remained
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The conflict in the Persian Gulf is no longer just a geopolitical shock. It has become a macroeconomic stress test for oil markets, central banks, currencies, and gold. While the Strait of Hormuz is not physically closed, elevated navigation risks have created a functional bottleneck in one of the world’s most important energy corridors, disrupting
The USD/JPY exchange rate will be in the spotlight this week as the Federal Reserve and the Bank of Japan (BoJ) publish their interest rate decisions. It was trading slightly below the important resistance level at 160 as traders wait for these events and as the Iran crisis continued. BoJ interest rate decision The USD
The US dollar traded unevenly on Monday as uncertainty surrounding the Middle East conflict kept investors cautious. Hopes for a potential deal to end the war have fluctuated, leaving markets without clear direction ahead of a busy week of central bank meetings. US President Donald Trump cancelled a planned visit to Islamabad by his envoys
Sterling inched higher against the US dollar on Monday as investors tracked geopolitical developments and awaited the upcoming Bank of England policy meeting later this week. The pound gained 0.08% to trade at $1.3544 against the dollar. However, it weakened slightly against the euro, falling 0.1% to 86.70 pence. Market sentiment remained influenced by uncertainty
Given the clear daily uptrend and the bearish yen sentiment seen today, EURJPY currency pair can be expected to rise to the next resistance level 188.00 (which stopped the previous minor impulse wave iii). EURJPY reversed from support zone Likely to rise to resistance level 188.00 EURJPY currency pair recently reversed up from the support
US-Iran diplomatic hopes spark a gold rebound and oil relief, despite record-low consumer sentiment and persistent blockade-driven inflation risks. The Mirage of a Diplomatic Breakthrough The recent flurry of activity involving envoys Steve Witkoff and Jared Kushner in Islamabad has provided the market with a “risk-on” burst, but we must be wary of mistaking optics
The Indian rupee’s valuation against major global currencies has dropped to its lowest level in more than a decade, weighed down by rising crude oil prices and persistent foreign outflows. Data from the Reserve Bank of India’s latest bulletin showed that the rupee’s 40-currency real effective exchange rate (REER) fell to 92.72. The REER adjusts
Tron cryptocurrency can be expected to fall to the next support level 0.3200 (former strong resistance from the end of March). Tron reversed from resistance zone Likely to fall to support level 0.3200 Tron cryptocurrency recently reversed up from the resistance zone between the resistance level 0.3340 (which stopped the previous sharp upward impulse