Middle East Tensions Drive Oil Prices Higher: WTI Surges Over 2.5% Past $63 on Strait of Hormuz Risk

Rising geopolitical tensions in the Middle East have driven West Texas Intermediate (WTI) crude oil prices up by more than 2.5%, pushing past $63 per barrel. Growing concerns over a possible Israeli military strike on…

Australian Dollar Hits Recent High of 0.6455 Against US Dollar on Dovish Fed Signals and Commodity Price Rebound

The Australian dollar has recently staged a strong rebound, climbing to 0.6455 against the US dollar. This uptick is driven by a combination of dovish signals from Federal Reserve officials, a weaker greenback, and a…

Citi Says Safe-Haven Appeal Is Fading, Investors Urged to Reassess Forex Strategies

After the latest G7 finance ministers meeting, the U.S. dollar may starts to lose ground, catching the market's attention. Citigroup highlights that the easing of U.S. trade tariffs, combined with shifts in currency policies among…

UK Rate Cut Signals Start of Easing Cycle: Falling Inflation Opens New Opportunities in Hong Kong Stocks, Crypto, and Forex Markets

The UK’s inflation rate has continued to decline, with the Consumer Price Index (CPI) rising 2.6% year-over-year in March—coming in below market expectations. In response, the Bank of England made a modest rate cut, lowering…

Fed Signals Dovish Shift, Markets Now See Higher Odds of September Rate Cut

Federal Reserve officials have recently adopted a wait-and-see approach, signaling a growing likelihood that interest rates will remain unchanged through September. With inflation showing signs of easing and global trade uncertainty on the rise, Wall…

Canadian Dollar Poised to Rise Ahead of April CPI Report, as U.S. Credit Downgrade and Oil Price Swings Take Center Stage

The U.S. dollar continues to weaken against the Canadian dollar as markets turn their attention to Canada's upcoming April CPI report—an important indicator that could influence the loonie’s short-term direction. Adding pressure to the greenback…

Australian Dollar hovers around 0.6450 as Weak Chinese Demand and U.S. Rate Pressure Weigh on Outlook

Australian Dollar hovers around 0.6450 against the U.S. dollar, pressured by synchronized monetary easing in both Australia and China, along with a drop in commodity prices. Growing uncertainties surrounding the global economic outlook have further…

U.S. Dollar Falls Below 145 Against Yen, Hits 6-Month Low as Safe-Haven Demand and Rate Hike Bets Boost Japanese Currency

The U.S. dollar has slipped below the key 145 level against the Japanese yen, hitting a nearly six-month low. This decline comes amid a downgraded U.S. sovereign credit rating and growing expectations that the Bank…