USD/JPY muted as easing Middle East tensions weigh on US Dollar.USD/JPY muted as easing Middle East tensions weigh on US Dollar

Natural Gas News: Bullish Inventory Miss Puts Focus on Key $2.749 Market Level.Natural gas futures struggle after a bullish EIA inventory miss as traders watch the key $2.749 pivot for the market's next move.

Germany: Recovery risks rise after Middle East conflict – Commerzbank.Germany: Recovery risks rise after Middle East conflict – Commerzbank

Canada: Sector risks under USMCA review – NBC.Canada: Sector risks under USMCA review – NBC

Crude Oil on path to $90 as the peace trade continues – WTI Technical analysis.WTI Oil Update: Oil prices collapse as WTI plunges 19% toward $90, fueled by reports of an imminent US-Iran peace deal. With "Project Freedom" paused and traders pricing in a potential reopening of the Strait of Hormuz, explore our in-depth technical analysis for Crudew Oil

United States EIA Natural Gas Storage Change below forecasts (72B) in May 1: Actual (63B).United States EIA Natural Gas Storage Change below forecasts (72B) in May 1: Actual (63B)

Crude Oil Price Analysis – Oil Drifts Lower on Peace Hopes.Crude oil drops again on hopes of Middle Eastern peace, as traders continue to try to price in the idea of an end to the war.

Crude Oil –07.05.2026.  Crude Oil managed to hit a drop as traders await updates on a potential US-Iran peace deal that would reopen oil flows through the Strait of Hormuz. As we see over the chart, the market is facing a chance for a trading zone between support 84.20-85.20 and resistance 96.90.

USD/JPY –07.05.2026.  USDJPY managed to hit a fast drop after the Bank of Japan threatened to intervene in the market to back up the currency. As we see from the chart, prices managed to test the trend support around 155.60 which could lead to a trading zone towards the resistance at 157.50-70.

The Yuan's Quiet Rise and Next Week's Summit.The offshore yuan appreciated nearly 5% against the dollar last year. The onshore yuan gained about 4.25%.

SEK: Riksbank holds as low inflation buys time – Nomura.SEK: Riksbank holds as low inflation buys time – Nomura

EUR: European data mixed as fiscal and construction risks loom – BNY.EUR: European data mixed as fiscal and construction risks loom – BNY

S&P500: SPX at record highs as oil falls further.US stocks are rising, with S&P 500 and Nasdaq futures trading at or around record highs as oil prices fall further on hopes that the US and Iran could soon agree on a deal that would normalise crude supplies.

US Dollar to Yen FX Outlook: USD/JPY Drops on Intervention Speculation, Pressure Building.The U.S. Dollar to Yen (USD/JPY) exchange rate weakened to 156.35, with the pair coming under renewed pressure amid speculation of further Japanese intervention and improving global risk sentiment. Scotiabank notes that the yen has outperformed most major currencies, gaining sharply as hopes for a resolution to the US-Iran conflict reduced.

Oil: Supply shock sustains inflation risk – TD Securities.Oil: Supply shock sustains inflation risk – TD Securities

US Jobless Claims Edge Higher to 200k, Labor Market Still Stable.US initial jobless claims rose modestly by 10k to 200k in the week ending May 2, slightly above expectations of 199k. Despite the increase, claims levels remain historically low.

US productivity preliminary for Q1 0.8% versus 1.0% estimate..Prior quarter productivity 1.6% revise from 1.8% US Q1 productivity preliminary 0 8% versus 1.0% estimate. unit labor costs preliminary 2.3% versus 2.6% expected.

Pound gains as markets monitor Iran developments and UK local elections.Sterling edged higher against the dollar on Thursday as investors reacted to developments surrounding the Iran conflict, while also monitoring British local elections that could increase political pressure on Prime Minister Keir Starmer. The pound was last up 0.2% against the dollar at $1.3621, adding to Wednesday's 0.4% rise.

Oil: Brent Oil Continues to Trend Lower on Growing Optimism over Peace Talks.Bears probe again through important supports at $100.67 and $100.00 (50% retracement of $86.08/$115.26 upleg / psychological) which were broken on Wednesday's spike to $96.76 but failed to register a daily close below these levels (market closed at $101.86).

investingLive European markets wrap: Dollar, oil prices drop further on US-Iran hope.The market mood is a little calmer today as traders and investors continue to wait on more concrete evidence that the US and Iran will be headed for a deal.

USD/JPY holds near 156.30 as intervention fears keep traders cautious.The USD/JPY pair traded without a clear direction on Thursday, hovering near the 156.30 mark as investors remained cautious over the possibility of another intervention by Japanese authorities in the foreign exchange market. At the time of writing, the pair was down a modest 0.05% on the day.

UBS Pound Sterling Forecast: Bullish GBP Bias Despite UK Political Risks.Foreign exchange analysts at UBS maintain a constructive outlook for the Pound Sterling, arguing that elevated UK inflation pressures and relatively hawkish Bank of England policy should continue to support sterling against lower-yielding currencies. “We maintain our bias for GBP strength.

DXY: Range-bound outlook after war reversal – BBH.DXY: Range-bound outlook after war reversal – BBH

Pound nudges higher on Iran peace hopes, UK elections in focus.Sterling nudged higher on the dollar on Thursday, largely reacting to news around oil and the Iran war though investors were also keeping a wary eye on British ​local elections which are expected to deal a blow to Prime Minister Keir Starmer.

Fed's Collins: Expect rates to be on hold for longer.Fed's Collins: Expect rates to be on hold for longer

CZK: CNB stance supports yields – Societe Generale.CZK: CNB stance supports yields – Societe Generale

DAX forecast: US-Iran deal could see index hit new highs.Following yesterday's rally, European markets were trading a bit on the soft side this morning as weak-to-mixed earnings and uncertainty about the US-Iran situation discouraged excessive risk-taking. Still, the sentiment surrounding a potential US-Iran agreement remained largely positive, and this helped to keep pressure on oil prices for the third day.

Pound Reaches Fresh Highs as the US Dollar Weakens.GBP/USD climbed to 1.3599 on Thursday, with sterling testing its highest levels since mid-February during the previous session. The pound continues to gain support from weakening demand for the US dollar as a safe-haven asset amid growing optimism surrounding a possible agreement between the US and Iran.

Canadian dollar forecasts more bullish as geopolitical risk ebbs.The Canadian dollar is expected to give back some recent gains against its U.S. counterpart in the coming months, but could resume its uptrend if economic ​uncertainty linked to the Middle East war and U.S. tariffs eases, according ‌to a Reuters poll.

Rupee gains sharply as oil slides, NDF dollar selling gathers pace.The Indian rupee turned sharply higher on Thursday afternoon, ​boosted by a slump in ​crude oil prices, with stop-losses on short rupee wagers and ​dollar sales in the non-deliverable forward market also lifting the currency, traders said.