There remains optimism in the capital and commodity markets that a US-Israel conflict with Iran may reach a resolution in the near future. While news reports suggest that a 15-point peace plan has been drafted by the US and delivered to Iran through Pakistan, other reports indicate an increase in personnel and weaponry being sent Read More
Following what appeared to be a market tease before the weekend regarding the potential “winding down” of military operations, President Trump delivered an ultimatum to Iran that poses a risk of escalating the conflict. A 48-hour ultimatum has been issued, set to expire around 7:45 pm today. If the Strait of Hormuz remains closed, there Read More
The dollar paused on Wednesday as declining crude oil prices ignited a hint of risk appetite in the markets, just before a series of important central bank decisions. The yen continued to show volatility, hovering around levels that raised worries about potential intervention from Tokyo, particularly in light of Japanese Prime Minister Sanae Takaichi’s upcoming Read More
The ongoing conflict persists in unsettling the global capital markets. The US dollar continues to exhibit strength, primarily staying within the established ranges observed in recent days. It appears poised to move higher against the Japanese yen, with the JPY158 level facing increasing pressure. Despite Japan’s dependence on imported oil and refined products, the yen Read More
The U.S. dollar experienced significant losses on Tuesday as it awaited a series of economic data that will influence the trajectory of interest rates, while the yen maintained its gains following Prime Minister Sanae Takaichi’s decisive election victory. Sterling maintained stability during the early hours of the Asian market following a turbulent Monday, as investors Read More
The dollar commenced the first complete trading week of the New Year with strength, climbing to a 3-1/2-week high against the euro and reaching a two-week peak versus the yen. Currency traders predominantly overlooked the recent U.S. operation in Venezuela and the apprehension of President Nicolas Maduro, directing their attention instead to a series of Read More
