ECB waits for signals from the economy. War with Iran raises risks to inflation and growth in the euro area.The ECB is monitoring the economic impact of the Iran conflict, warning that higher energy prices could weaken euro area growth and increase inflation risks.

USD/JPY dips as Dollar eases, Oil strength limits Yen gains.USD/JPY dips as Dollar eases, Oil strength limits Yen gains

British Pound Price Action Setups: GBP/USD, GBP/JPY, EUR/GBP.It was a couple of weeks ago that I looked at the possibility of outperformance in the British Pound after the currency lagged behind the Euro over the prior three weeks. The key observation was that EUR/USD was holding higher-lows through March while GBP/USD was grinding down to lower-lows, although sellers weren't making much significant headway.

Pound Sterling Price News and Forecast:Rebounds toward 1.3530 as US Dollar eases after recent surge.Pound Sterling Price News and Forecast:Rebounds toward 1.3530 as US Dollar eases after recent surge

US Dollar Forecast: DXY Slips as Iran Tensions Fail to Sustain Rally.U.S. Dollar Index fades after failing below key moving averages as Iran tensions lift early demand, but sellers return and cap gains near resistance levels.

WTI Oil rebounds from recent lows as US-Iran tensions revive supply concerns.WTI Oil rebounds from recent lows as US-Iran tensions revive supply concerns

CAD: Softer CPI supports cautious BoC stance – TD Securities.CAD: Softer CPI supports cautious BoC stance – TD Securities

Brent: Volatile swings with Iran risk – Deutsche Bank.Brent: Volatile swings with Iran risk – Deutsche Bank

Strait of Hormuz war creates substantial risk for US dollar, FX markets.The ongoing closure of the Strait of Hormuz, following seven turbulent weeks of war, has amplified global economic uncertainty, with a new analysis suggesting that central bank actions—particularly in the short term—will dictate the immediate winners and losers in the foreign exchange markets. Thu Lan Nguyen, head of FX and commodity research at Commerzbank AG, distinguishes between the short and longer term for currency market development.

Crude Oil Price Analysis – Oil Continues to Have Erratic Moves.Crude oil continues to be very noisy as we are watching the latest headlines coming out of the Middle East, as hostilities have had a few flareups.

Natural Gas Price Analysis – Natural Gas Rallies to Start the Week.Natural gas rises slightly on Monday to kick off the week, as the headlines in the Middle East continue to cause chaos in quite a few markets. While this contract is US-based, there will be a potential move in the export market.

BoJ: Rate hike timing and data in focus – Rabobank.BoJ: Rate hike timing and data in focus – Rabobank

Mexico economy stuck in mild stagflation this year, held back by trade uncertainty.Mexico's economy will remain stuck in mild stagflation in 2026, a Reuters poll of economists found, held back by uncertainty over its trade deal with the U.S. and Canada.

ECB: Firmer growth and renewed tightening – BNP Paribas.ECB: Firmer growth and renewed tightening – BNP Paribas

Oil Prices Boost Canadian Inflation in March.Headline CPI inflation jumped up to 2.4% year-on-year (y/y) in March, slightly less than consensus expectations. Higher energy prices were a big part of the story, with inflation ex-energy up a more modest 2.2% y/y.

Markets on Hold Pending US–Iran Talks, Warsh Fed Chair Hearing Next Catalyst.Markets are broadly steady today as traders hold back from taking directional positions, waiting for clarity on whether a second round of US–Iran talks will take place in Islamabad before the April 22 ceasefire deadline. Despite rising geopolitical tension, price action across assets suggests a clear lack of conviction.

USD: Rebound on Middle East tensions – MUFG.USD: Rebound on Middle East tensions – MUFG

GBP/JPY holds firm near highs as Oil-driven Yen weakness keeps bulls in control.GBP/JPY holds firm near highs as Oil-driven Yen weakness keeps bulls in control

USD/JPY: Policy risks keep pair near 160 – Rabobank.USD/JPY: Policy risks keep pair near 160 – Rabobank

Canada Inflation Jumps to 2.4% yoy in March, Gasoline Prices Up Record 21.2% mom.Canada's inflation picked up in March as CPI rose from 1.8% yoy to 2.4% yoy, driven largely by a sharp rebound in energy prices, but missed expectation of 2.5% yoy. On a monthly basis, CPI increased 0.9% mom, also below expectation of 1.1% mom.

DXY: Energy shock seen contained in broad range – BBH.DXY: Energy shock seen contained in broad range – BBH

Brent: Slower normalisation lifts forecasts – Societe Generale.Brent: Slower normalisation lifts forecasts – Societe Generale

Australian Dollar underperforms as renewed Mideast conflicts drag riskier assets.Australian Dollar underperforms as renewed Mideast conflicts drag riskier assets

Oil Surges 6% as Sentiment Sours, Nikkei Rises. US-Iran Developments in Focus.The ceasefire remains fragile and will be tested at the start of the week after the US seized an Iranian cargo ship and traffic through the Strait of Hormuz remained largely halted. President Donald Trump struck a cautiously optimistic tone, suggesting that Iran has committed to keeping the Strait of Hormuz open.

investingLive European markets wrap: Oil holds higher as risk retreats on US-Iran setback.The reopening of the Strait of Hormuz on Friday last week was brief and did not last a day. That as Iran reverted back to close the waterway amid their dissatisfaction with the continued US naval blockade.

USD/JPY: Credibility risks lift upside scope – OCBC.USD/JPY: Credibility risks lift upside scope – OCBC

Pound Sterling trades mixed at the start of UK data-packed week.Pound Sterling trades mixed at the start of UK data-packed week

Crude Oil –20.04.2026.  Crude Oil remains volatile on the so called ceasefire between Iran and US-Israeli aggression before the market moved higher with an upward price gap after the US broke the ceasefire. As we see from the chart, the market is facing resistance around 92.35 which could give some space for a trading zone with support […]

USD/JPY –20.04.2026.  The pair managed again to hit another correction while still facing the support zone of 157.25-65, which could hold prices inside this trading zone toward resistances 160.20 or 161.95. Above 161.95 the market could enter a new uptrend wave with first target toward 163.80.

Markets Today: Oil surges 6% as sentiment sours, Nikkei rises. US-Iran developments in focus.Geopolitical tensions between the US and Iran are roiling global markets, with oil prices surging and risk assets dropping. The US dollar strengthened on safe-haven bids as the ceasefire narrative crumbled.