The US dollar is trading in a tight range ahead of the US CPI report, with markets focused on whether higher oil prices linked to the Iran conflict will continue pushing inflation higher. Elevated energy prices are keeping inflation concerns alive, but the broader bearish outlook for the dollar still remains in place for now. Markets expect US core CPI to rise slightly, and a stronger-than-expected inflation reading could temporarily support the dollar by increasing expectati

Gold remains under pressure as rising oil prices, strong US dollar demand, and hawkish central bank expectations continue to weigh on the market. Ongoing Middle East tensions and safe-haven demand are helping limit deeper losses, but higher bond yields and inflation concerns are preventing a stronger recovery. The biggest driver remains oil prices and the Hormuz situation. As long as supply risks continue, markets expect inflation pressures to stay elevated, reducing the chan

GBP/USD is under pressure as political uncertainty in the UK combines with renewed US dollar strength. Growing pressure on Prime Minister Keir Starmer after Labour’s local election losses is increasing concerns about political stability, fiscal direction, and future UK policy. At the same time, the US dollar is gaining support from safe-haven demand as US-Iran tensions rise again and negotiations remain stalled. Higher oil prices and stronger US payroll data are also reinforc

Oil prices remain strongly influenced by Middle East tensions, Hormuz supply disruptions, and uncertainty around US-Iran negotiations. Recent comments rejecting Iran’s latest peace proposal, along with continued tanker and supply risks, are helping keep crude prices elevated above key levels. OPEC’s latest meeting showed unity within the group and announced a small production increase, but supply concerns remain the bigger driver as long as Hormuz disruptions continue affecti

NFP day is here. In this video, we break down the key employment data, what could move the US dollar, and the important setups for EUR/USD and USD/JPY ahead of the release.

NFP day is here. In this video, we break down the key employment data, what could move the US dollar, and the important setups for EUR/USD and USD/JPY ahead of the release.

FX markets are quiet ahead of the US Non-Farm Payrolls report, but volatility expectations remain high, especially for USD/JPY and GBP/USD. USD/JPY is still heavily influenced by BOJ intervention fears near the 158 level. Previous suspected interventions triggered sharp selloffs, making 158 a major resistance zone. Even if strong US data pushes the pair higher temporarily, downside risks remain elevated, with possible pullback targets around 155 and even 152 if intervention p

EUR/USD is trading near a major resistance level, with markets balancing improving geopolitical sentiment against ongoing inflation concerns and central bank uncertainty. EUR/USD is being supported by US dollar weakness linked to BOJ intervention risks and possible carry trade unwinds. The pair is now testing the important 1.18 resistance zone. A breakout above this level could push the price toward the 1.1850 - 1.1930 zone, while failure to break higher could trigger a pullb

Gold is continuing to trade more like a high-volatility risk asset rather than a traditional safe-haven, with market sentiment around the Gulf and oil prices driving much of the movement. Reports of a possible US-Iran peace framework pushed oil prices lower, helping equities rise while the US dollar, bond yields, and volatility eased. This environment supported strong gains in gold. Technically, gold has now broken above the April downtrend line and is trading around the 4740

Gold is rising as Middle East tensions ease and oil prices fall, which is helping reduce inflation fears. Lower inflation expectations mean less pressure on the Fed to keep rates high, which supports gold. Despite the recent bounce, the broader trend is still mixed. Gold had been under pressure after forming lower highs, but the recovery above 4,650 support shows buyers are stepping back in. On the upside, a move above the falling trendline could open the door toward 4,800 an