Hopes for a US-Iran peace agreement reduce safe-haven demand, pushing the Dollar Index down 0.35% for the week. The US Dollar Index (DXY) retreated to 99.60 on Friday, erasing earlier gains as optimism over a potential US-Iran peace deal dampened demand for the safe-haven
Commerzbank forecasts only two RBNZ rate increases, below market expectations, pushing NZD/USD toward 0.55 by late 2027. The New Zealand Dollar remains under pressure as weak economic growth and persistent inflation limit the Reserve Bank of New Zealand’s ability to tighte
AUD/USD rebound tests 0.7060 resistance level The Australian Dollar has rebounded sharply from 0.6979 to 0.7055 against the US Dollar. This rebound has room to extend toward 0.7060. A clear break above this level is seen as unlikely near term.
Iran’s reported memorandum with the US includes lifting sanctions and reopening the Strait of Hormuz, pressuring oil prices. West Texas Intermediate crude extended losses to near $82.80 after Iran disclosed terms of a draft memorandum of understanding with the US. The agre
Renewed US-Iran deal optimism lifts the euro, reducing near-term ECB hike odds below 50% for next month. The euro climbed toward 1.1600 against the dollar as hopes for a US-Iran deal eased energy supply concerns. EUR/USD remains within its year-long 1.1400-1.1800 range, su
Investors pare yen gains as Iranian officials temper optimism over a US-Iran agreement, keeping intervention risks elevated. The Japanese yen erased earlier gains against the US dollar on Friday, with USD/JPY climbing back above 160.00. The pair’s rebound follows mixed sig
OpenAI opens Spanish office to support growing demand OpenAI is set to open its first Spanish office in Madrid during the latter half of 2026. The new office will help support growing demand for ChatGPT in one of its fastest-growing European markets. The Madrid of
The currency pair extends gains near 0.7960, supported by technical indicators signaling continued upward momentum. USD/CHF trades at 0.7960 in European hours, recovering from earlier losses and maintaining a bullish bias. The pair remains within an ascending channel, supp
The INR strengthens against the USD after oil prices fall on reports of a potential US-Iran peace agreement. The Indian Rupee (INR) rose sharply against the US Dollar (USD) in early trading Friday, with the USD/INR pair falling to near 95.25. The move follows remarks from
The Euro retreated from a weekly high of 1.1590 USD amid shifting expectations over a potential US-Iran nuclear agreement. The Euro dipped to 1.1565 USD on Friday, easing from its weekly high of 1.1590 USD as investors assessed the likelihood of a US-Iran deal. The currenc
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