DXY jumps near 99.70 amid Middle East risks, oil-driven inflation fears, and bullish technicals above 200-day EMA.

The GBP/USD pair rose slightly as traders reacted to the latest US jobs numbers, which showed that the labor market was facing substantial strains.

ING’s Chris Turner notes that USD/JPY is back in Japan’s FX intervention zone as global shocks and Oil prices surge. He sees coordinated US–Japan action as unlikely but warns that any such move could knock USD/JPY down by several big figures.

Short-term forecast for oil, gold, and euro-dollar today. Today, the euro opened with a gap down.

The price of EURUSD rose to its last intraday levels, to retest 1.1565 resistance, amid the dominance of the main bearish trend on short-term basis, with its trading alongside main and minor trend lines, with the continuation of the negative pressure due to its trading below EMA50, reducing the chance of full recovery on a near term basis.

Market Analysis by covering: US Dollar Index Futures, Crude Oil WTI Futures, 10 Year Treasury Yield. Read ‘s Market Analysis on Investing.com

Cable is one of the oldest currency pairs in the world. It has survived world wars, the collapse of Bretton Woods, Black Wednesday, Brexit, and multiple cycles of Bank of England policy experimentation. In 2026, it is navigating something arguably more complex than any of those individually: simultaneous monetary policy divergence, post-Brexit trade friction resurfacing, and a UK economy caught between sticky inflation and fragile growth.
Traders discussing GBP/USD execution in …

USD/CAD falls as oil prices surge past $100 on supply concerns

Market Analysis by covering: Euro US Dollar, Brent Oil Futures, Crude Oil WTI Futures. Read ‘s Market Analysis on Investing.com

ING’s Chris Turner highlights that strong support just below 1.1500 in EUR/USD is increasingly at risk as elevated Oil prices hurt Europe’s terms of trade. Despite narrowing US–eurozone rate differentials, he sees only limited upside on any IEA-driven relief rally.