Ali Nikzad (A key figure in Iranian politics) ruled out negotiations with Donald Trump, which reduces hopes for a near-term diplomatic solution between Iran and the United States. This statement increases uncertainty in the market and raises the risk of further tensions in the Middle East. As a result, oil prices are likely to stay supported because supply disruption fears remain high. At the same time, the US dollar may remain firm as investors stay cautious. Overall, the co

USD/JPY remains close to the key 160.00 level, which has acted as strong resistance over the past two years and has previously triggered intervention concerns from Japan. Comments from Atsushi Mimura suggested authorities are ready to act if exchange rate moves become excessive, hinting that intervention is possible if the pair rises further. Higher US interest rates continue to support USD/JPY because traders earn positive carry by holding long positions. This keeps the over

Donald Trump announced that the United States will postpone planned strikes on Iranian power plants and energy infrastructure for five days after what he described as productive talks with Iran. This signals a possible short-term easing of tensions in the Middle East. Less immediate threat to energy infrastructure reduces supply disruption fears, which can push oil lower or limit further spikes. If tensions cool, investors often move away from safe-haven assets like the US do

EUR/USD is starting to stabilize and may be forming a short-term bottom, even though energy risks and geopolitical tensions are still high. The market now seems to believe the worst energy shock scenario may not happen, and much of that risk is already priced in. Even after strong warnings from Donald Trump and threats from Iran, the euro has stayed relatively stable. This shows the pair is holding support and not falling sharply. Recent market drops are mostly happening in a

Rising tensions in the Iran conflict and strong statements from Donald Trump are reducing hopes of de-escalation. Trump has warned that the US could take further action, including possible strikes or even plans to control Iran’s Kharg Island to force the reopening of the Strait of Hormuz. This keeps uncertainty high and increases the risk of further escalation. As a result, oil prices are rising. Higher oil prices are adding to inflation pressure, which is pushing expectation

Oil prices have a strong impact on certain currencies, especially those linked to oil-exporting countries like Canada and Norway. When oil prices rise, these countries earn more from exports, which usually strengthens their currencies. For pairs like USD/CAD and USD/NOK, higher oil prices often lead to a weaker pair because the Canadian dollar (CAD) and Norwegian krone (NOK) gain strength against the US dollar. When oil falls, the opposite happens, and these pairs tend to mov

GBP/USD is turning more bullish after breaking its downtrend. The Bank of England surprised markets with a 9–0 decision to hold rates, showing it is now more focused on inflation than slowing growth. This led markets to quickly price in up to three possible rate hikes. At the same time, oil prices dropped sharply, which helped lower US yields and weakened the dollar. Better overall market sentiment, supported by easing geopolitical tensions, also helped the pound move higher.

The Bank of Japan kept interest rates at 0.75% and still leans toward raising them in the future, but there is less urgency compared to before. Markets see a small chance of a rate hike in April but are more confident about moves happening around July or later this year. At the same time, Japanese bond yields are going up due to higher energy prices and fiscal concerns. This adds pressure on the BOJ, even though the yen is not getting stronger. Officials are talking more abou

Gold is reversing, currently trading around the $4,850 level as markets wait for major central bank decisions, especially the Fed. Traders are cautious, with no strong moves as uncertainty remains high. The Fed is expected to stay somewhat hawkish, with inflation still a concern, even though no rate hike is expected. This is limiting gold’s upside, as tighter policy can be negative for gold. From a technical view, $4,800 is acting as a key level, with strong support seen aro

The US dollar is holding firm ahead of the FOMC meeting, with strong support now acting at previous resistance around 99.48 – 99.68. Markets expect no rate change today. The focus will be on Fed guidance and the press conference. Rate cuts are still expected later, but not soon, which is supporting the dollar for now. Technically, the dollar remains in an uptrend, with resistance near 100.40. Although the dollar was recently overbought, the pullback has been healthy, and buye