USD/JPY extends post-intervention rebound
The pair regains its upside bias, rebounding from the likely FX intervention by Japanese authorities, but challenges still loom.
The pair regains its upside bias, rebounding from the likely FX intervention by Japanese authorities, but challenges still loom.
Oil is fuelling inflation, inflation is strengthening the dollar, the stronger dollar is testing gold, and equities are still climbing on AI optimism, creating one of the most compelling cross-asset battles of 2026.
The pair posts a steep decline today, raising fresh intervention speculation after last week's reported action, but that may not be enough to provide lasting support for the yen.
The Australian central bank raised rates again to contain rising inflation driven by the energy shock from the Middle East conflict, but its tightening runway is getting shorter.
A resilient U.S. economy and stubborn inflation are forcing markets to rethink rate cuts, keeping bond yields elevated while making equity leadership increasingly selective.
President Trump said he will raise tariffs on EU auto imports to 25%, exacerbating a tough external environment already strained by the Middle East conflict and mounting competition from Chinese rivals.
The pair drops on the lack of upside surprises in the data, but intensifying price pressures support the case for another RBA hike and the pair's bullish bias.
The UAE’s exit highlights weakening OPEC unity, reducing its control over oil supply and pointing to a more volatile market where geopolitics, not coordination, increasingly drives prices.
The Bank of Japan held rates in a divided decision and raised its inflation forecasts, pushing the pair lower, but the upside bias remains intact.
XAU/USD rises as the risk of immediate escalation is removed after President Trump extended the ceasefire, renewing hopes for an eventual deal.
The two countries resorted to gunboat diplomacy, souring sentiment over the ceasefire, prospects of an agreement and the reopening of the Strait of Hormuz.
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