St. Louis Fed’s Musalem says tariffs and war add uncertainty as inflation risks rise; rates may stay.
EUR/JPY fell near 183.50 as yen demand rose on intervention fears; Eurozone producer inflation jumped sharply.
QXO tests long-term rising trendline near $19; support has held repeatedly, suggesting entry with tight stop.
US EIA reports crude stockpiles fell 2.314 million barrels in week ending May 1, missing forecasts.
Dollar stuck near 98 DXY as volatility fades; payrolls seen capped, CPI and Middle East drive downside risks.
Gold jumped over 3% as dollar and oil fell on progress toward US-Iran deal, easing tensions.
EUR/GBP steadied near 0.8635 as US-Iran deal headlines and mixed PMIs left euro and pound directionless.
Eurozone April PMI slumped into contraction; services hit multiyear low as costs and prices rose, pressuring euro.
Canada’s April Ivey PMI surged to 57.7, beating the 49.9 forecast and signaling economic expansion.
USD/CAD steady as oil slips, risk appetite improves; BoC testimony looms, technicals keep bearish bias.
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