The US dollar and Treasury yields remain strongly supported as rising global inflation pressures and geopolitical risks continue pushing markets toward defensive positioning. Higher inflation data from the US and China, along with rising energy prices, have lifted US bond yields to fresh yearly highs, helping the dollar index move back above 99 and increasing pressure on both gold and the euro. EUR/USD remains under pressure as the stronger dollar drives the pair lower within

GBP/USD has turned sharply lower as growing political instability in the UK finally begins to weigh heavily on sterling. Concerns around Prime Minister Keir Starmer’s leadership, rising fiscal uncertainty, and fears of more aggressive government spending under a potential leadership shift are increasing pressure on the pound, even despite stronger-than-expected UK economic data. At the same time, strong US economic reports, including retail sales and inflation-related data, a

GBP/USD is showing signs of weakness after failing to hold above the key 1.3600 resistance area and may now be at risk of ending its five-week winning streak. Price action is now forming a potential exhaustion and reversal pattern. In the short term, the focus is on support level near 1.3450. A confirmed break below this area could signal a deeper pullback within the broader uptrend, exposing further downside toward 1.3340. Technically, GBP/USD is also testing important trend

The euro is showing mixed performance across major currency pairs, but overall price action still points toward selective downside risks ahead. EUR/USD is increasingly being driven by US dollar strength again, with stronger negative correlation to the dollar index and weakening technical momentum suggesting the pair may be preparing for another move lower. Technically, EUR/USD remains vulnerable after breaking below the rising wedge pattern. While a short-term bounce from sup

USD/JPY remains supported within its one-year uptrend as rising US Treasury yields, strong dollar demand, and persistent inflation pressures continue to outweigh growing expectations for further BOJ tightening. Higher energy prices and geopolitical tensions linked to the Strait of Hormuz are also supporting inflation and safe-haven flows into the US dollar. Technically, the pair is holding above the key 155 support zone while approaching the critical 158-160 resistance area.

Gold remains under pressure after stronger-than-expected US inflation data increased expectations that the Federal Reserve may keep interest rates higher for longer. Rising Treasury yields and a stronger US dollar are reducing demand for non-yielding assets like gold, while renewed safe-haven demand for the dollar amid US-Iran tensions is adding further pressure on bullion. Markets are now focused on upcoming US PPI data and the Trump-Xi meeting. A stronger PPI reading could

Sterling has remained surprisingly resilient despite growing political turmoil in the UK and rising gilt yields, showing that weak USD sentiment and broader risk appetite are still the main drivers in GBP/USD. More than 100 Labour MPs are now calling for Prime Minister Keir Starmer to step down, increasing concerns about fiscal and political uncertainty, especially if Labour shifts toward a more left-leaning direction. At the same time, stronger-than-expected US inflation dat

Crude oil remains strongly supported as the US-Iran stalemate continues and the Strait of Hormuz stays effectively shut. Markets are now losing optimism about a quick resolution, which has pushed oil prices sharply higher and increased pressure on risk assets, European markets, and oil-importing economies. WTI crude has turned bullish after breaking above the key $97-$98 resistance zone, which may now act as support. Resistance is seen near $99 and the major $100 level. A str

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