Japan’s economy beat forecasts, boosting rate-hike bets; yen slipped, yields hit multi-decade highs amid uncertainty.
AUD/USD slips as weak China data and RBA minutes boost pause bets, limiting Aussie rebound.
ING sees EUR/USD vulnerable, retesting 1.1600 likely; G7 impact limited; ECB hawkish, yet downside risks remain.
USD/JPY hits near three-week high above 159 as dollar demand rises on geopolitics, Fed tightening expectations.
Brent crude slid 2% after Trump paused Iran strikes for talks; sanctions waiver and low inventories supported prices.
NZD/USD eased above 0.5850 as US-Iran tensions and rising oil prices stoked cautious, bearish trading.
Dollar Index rebounds to 99.18 as rate-cut bets fade; inflation worries rise; focus shifts to Fed minutes.
AUD/JPY slips near 113.40 as weak Aussie on RBA inflation fears offsets upbeat Japanese GDP, keeping yen soft.
BNY strategists now expect no Fed rate cuts in 2026, citing Hormuz disruption and resilient US labor.
Norwegian krone surged versus euro and dollar on Iran war-driven energy prices; manipulation claims weak, gains to persist.
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