Sterling nudges higher as US and Iran agree on preliminary deal.Sterling inched higher against the U.S. dollar on Monday after the U.S. and Iranian officials said they had reached a preliminary agreement to end their war and reopen the Strait of ​Hormuz.

Morning Bid: 'Let the oil flow'.What matters in U.S. and global markets today

Brent: Lower prices with key supports – Societe Generale.Brent: Lower prices with key supports – Societe Generale

Rupee hits five-week high after oil plunges; traders eye further rally.The Indian rupee rose against the U.S. dollar for a second straight session on Monday, as oil prices plunged following ​the U.S.-Iran preliminary agreement to end their conflict and reopen the ‌crucial Strait of Hormuz.

The Yen: Time for a Hike!.The US dollar opened with a downside gap, which is unlikely to be closed any time soon. Donald Trump announced a deal with Iran and the reopening of the Strait of Hormuz from 19 June.

Pound-to-Rupee Forecast: GBP Slips as Lower Oil Prices Support INR.The Pound to Rupee (GBP/INR) exchange rate traded near 127.06 on Monday, retreating from recent highs as the Indian Rupee found support following a pullback in oil prices and an improvement in broader risk sentiment. Latest — Exchange Rates:Pound to Rupee (GBP/INR): 127.0633 (-0.67%)Month-to-Date: -0.58%Year-to-Date: +4.82% DAILY.

USD/JPY Price Forecast: Yen underperforms amid BoJ rate outlook uncertainty.USD/JPY Price Forecast: Yen underperforms amid BoJ rate outlook uncertainty

US Dollar: Weaker path after US-Iran deal – MUFG.US Dollar: Weaker path after US-Iran deal – MUFG

Crude Oil – 15.06.2026.Oil resumed the drop as Iran /and the U.S agreed in principle to a deal. The market is still facing a support zone around the 76.00-79.00 zone which could keep the chance for a rebound towards the 84.60-85.60 zone.

USD/JPY – 15.06.2026.Our previous outlook for USDJPY still stands, as the pair continues to test the 160.20–160.60 resistance zone. Traders are closely watching this area, as the last time the market reached it, the Bank of Japan warned about possible intervention to support the yen.

British Pound: BoE hikes and politics cap Pound – BBH.British Pound: BoE hikes and politics cap Pound – BBH

Euro area trade balance posts a deficit in April due to jump in energy imports.This feels like stepping back in time to the Russia-Ukraine conflict, as the euro area trade balance returns back to deficit territory again now. The €1.0 billion deficit (unadjusted) in April comes after a surplus of €4.9 billion in March.

EU and Eurozone Trade Balances Slip Into Deficit Amid Strong Import Growth.The Eurozone recorded a EUR 1.0bn deficit in goods trade with the rest of the world in April, a sharp deterioration from the EUR 8.7bn surplus recorded a year earlier. While exports continued to grow, stronger import demand more than offset the gains, highlighting the impact of rising external purchases on the region's trade position.

Eurozone Industrial Production rises moderately by 0.1% in April, misses 0.3% estimates.Eurozone Industrial Production rises moderately by 0.1% in April, misses 0.3% estimates

Eurozone Industrial Production Edges Up 0.1%, Capital Goods Weaken.Eurozone industrial production rose by a modest 0.1% mom in April, falling short of expectations for a 0.2% mom increase. The data pointed to continued resilience in parts of the manufacturing sector, but the overall gain was constrained by weakness in capital goods and energy production.

British Pound: Faces policy and political risks – ING.British Pound: Faces policy and political risks – ING

Euro gains against Japanese Yen on US-Iran deal, eyes on BoJ policy.Euro gains against Japanese Yen on US-Iran deal, eyes on BoJ policy

Natural Gas and Oil Forecast: Truce Stability vs Oil Weakness — Can NatGas Find Bottom?.One month-plus into the truce, supply-demand dynamics dominate as US production stays robust. WTI slides to $80.57 after channel violation, Brent defends $83.37 support, and Natural Gas trades at $3.051.

Japanese Yen: BoJ hike offers limited Yen relief – BBH.Japanese Yen: BoJ hike offers limited Yen relief – BBH

ECB's Kazaks: Warned that upside inflation risks remain intact.ECB's Kazaks: Warned that upside inflation risks remain intact

First Light News: Peace Deal Optimism & Central Bank Announcements.After months of global uncertainty, the US and Iran have inked an interim peace agreement, with the formal sign-off expected as soon as Friday in Switzerland.

ECB's Nagel says no inflation relief in sight even if Hormuz Strait reopens soon.European Central Bank policymaker Joachim Nagel said on Monday there would ​be no immediate relief from an energy-driven spike in ‌inflation even if the Strait of Hormuz reopens soon because it will take months for oil supply to recover to its pre-war level.

Euro: ECB speakers guide expectations – ING.Euro: ECB speakers guide expectations – ING

Australian Dollar: Yield spreads point to downside – BBH.Australian Dollar: Yield spreads point to downside – BBH

ECB's Lagarde Sees Broader Inflation Effects Despite Iran Peace Progress.ECB President Christine Lagarde warned that elevated energy prices are no longer confined to fuel markets and are increasingly feeding into broader inflation across the Eurozone economy. Speaking to France Culture on Monday, Lagarde said the indirect effects of inflation have become visible “more or less everywhere” in recent weeks, highlighting growing concerns that the energy shock triggered by geopolitical tensions is becoming more deeply embedded.

Japanese Yen pares recent gains due to wide US-Japan interest rate differential.Japanese Yen pares recent gains due to wide US-Japan interest rate differential

Why an Iran peace deal won't pull the yen back from the brink.War in the Middle East pushed the yen to the brink of multi-decade lows and prompted the government to prop it up -- a peace deal, however, won't pull it back from ​the precipice.

US dollar tumbles as Iran peace deal sparks massive global risk rally.The US dollar lost some of its haven appeal on Monday as investors treated a tentative US-Iran peace framework as a reason to move back into risk assets and reassess the inflation threat from oil. The dollar index touched its weakest level since June 5 before steadying around 99.55 in Asia.

BoJ Kicks Off Central Bank Week as US-Iran Reach Peace Deal.Today, the Swedish Labour Force Survey for May will be published. Public Employment Service data last week showed unchanged unemployment for the fifth straight month.

US Dollar Longs Surge, Yen Shorts Hit Record High | COT Report.US dollar bulls strengthened their grip on futures markets last week, pushing net-long exposure to its highest level in 16 months. At the same time, traders continued to build record short exposure against the Japanese yen, while sentiment towards the euro and commodity-linked currencies deteriorated.