Crude Oil –19.05.2026.Crude Oil managed to pass above the resistance of 96.90 which could push for an advance towards the target of 106.00-108.35. Prices are facing support around 93.90 where as long as the market holds above it, more advance will be expected.

USD/JPY –19.05.2026.USDJPY managed to hit the target of 157.50-70 and above. As we see from the chart, the market still has the chance for a further advance as this zone could control the market movement between support 155.00 and .resistance 160.20-60 Above 160.60 more advance  is likely with resistance at 161.95.

Norwegian Krone: Energy shock supports strength – Commerzbank.Norwegian Krone: Energy shock supports strength – Commerzbank

WTI: Falling Production and Deadlock in Negotiations.As a result of the military conflict between the United States and Iran, the combined volume of halted oil production in Iraq, Saudi Arabia, Kuwait, the UAE, Qatar and Bahrain reached 10.5 million barrels per day in April, triggering record declines in global oil inventories. The U.S. Energy Information Administration forecasts a drop in global inventories of 8.5 million barrels per day in the second quarter of 2026 before supplies through the strait begin to recover.

Oil: Fragmented energy order risks new price splits – Rabobank.Oil: Fragmented energy order risks new price splits – Rabobank

MUFG Dollar to Yen Forecast: USD/JPY Risks Testing 160 as Japan Fiscal Fears Build.The dollar to Yen (USD/JPY) exchange rate strengthened to highs near 158.5 at the start of the week, maintaining pressure on the Japanese currency after another rise in US Treasury yields. MUFG notes that the yen remains vulnerable in the short term, especially with energy prices rising again and global bond markets under renewed.

Asian FX: Breather as Oil and yields ease – OCBC.Asian FX: Breather as Oil and yields ease – OCBC

Rupee finds some footing on dollar offers from state-run, foreign banks.The Indian rupee edged higher on Tuesday, recovering from an early dip near an all-time low. Dollar offers from state-run lenders and foreign banks provided support, with traders suspecting central bank intervention.

Global fund managers boost equity allocations by record in May, BofA survey shows.Global fund managers raised their allocation to equities by the most on record in May, driven ​by optimism over earnings growth and by the ‌possibility of the Federal Reserve cutting rates, according to a Bank of America monthly survey published on Tuesday.

British Pound eases to the 1.3400 area after higher UK unemployment figures.British Pound eases to the 1.3400 area after higher UK unemployment figures

British Pound stays on the back foot against Euro after mixed UK employment details.British Pound stays on the back foot against Euro after mixed UK employment details

UK Unemployment Rate Rises to 5.0% as Payroll Employment Continues to Decline.UK labor market data showed further signs of softening, with payroll employment falling again in April while the unemployment rate edged higher in the three months to March. Payrolled employment declined by -10k or -0.3% mom in April, extending the annual drop to -210k or -0.7% yoy.

UK wages grew by 3.4% in first three months of 2026.Growth in British wages, excluding bonuses, stood at ​3.4% in the first three ‌months of 2026 compared with the same period last year, according ​to official data published ​on Tuesday.

Oil and Yields Ease on Reports of Renewed US-Iran Negotiation Efforts.In the UK a fresh labour market report will be published. Employment is expected to have fallen again in March, although the earlier, concerning rise in unemployment has since been revised lower.

GBP/JPY Price Forecast: Softens to near 213.00, traders await UK jobs data.GBP/JPY Price Forecast: Softens to near 213.00, traders await UK jobs data

Natural Gas and Oil Forecast: 7 Weeks of Ceasefire — Can WTI Hit $103 and NatGas Clear $3.05?.One month-plus into the truce, supply-demand dynamics dominate as US production stays robust and OPEC+ adjusts output. WTI defends blue channel support with strong bounce, Brent holds firm, and NatGas tests descending channel ceiling at $3.02–$3.05.

Caution still up in the air as the US-Iran conflict drags on.It looked like risk sentiment was bound to take a big knock yesterday but not for some mix of headlines to start the week. First, we had Iranian media saying that the US is to propose a temporary waiver to sanctions.

US dollar holds near highs as traders watch Fed and Middle East risk.The dollar steadied in early Asian trading on Tuesday after US President Donald Trump paused a planned military strike on Iran to allow room for negotiations. The greenback had gained support in recent sessions as investors sought safe-haven assets amid fears that escalating tensions in the Middle East could disrupt global energy supplies and fuel inflationary pressures.

USD/JPY Price Forecast: Holds around 159.00, nearly three-week top amid geopolitical risks.USD/JPY Price Forecast: Holds around 159.00, nearly three-week top amid geopolitical risks

Morning Bid: Markets in uneasy calm as inflation fears take root.A look at the day ahead in European and global markets from Rae Wee

Australian Dollar loses ground against Japanese Yen on stronger Japan GDP data.Australian Dollar loses ground against Japanese Yen on stronger Japan GDP data

WTI remains stronger around $102.00 despite US pausing Iran strike.WTI remains stronger around $102.00 despite US pausing Iran strike

Japan Tertiary Industry Index (MoM) came in at -0.2%, above forecasts (-0.4%) in March.Japan Tertiary Industry Index (MoM) came in at -0.2%, above forecasts (-0.4%) in March

Oil Price Forecast: Crude Pullback May Be the Calm Before the Next Surge.Oil prices may stay volatile as diplomacy cools the war-risk premium, while the closed Strait of Hormuz and tight inventories continue to support the broader bullish trend.

investingLive Asia-Pacific FX news wrap: USD/JPY had a look at 159.Monday's US session was defined by a sharp pivot in geopolitical sentiment after President Donald Trump announced he was delaying planned military strikes against Iran following requests from Gulf allies, including Saudi Arabia, Qatar and the UAE, who argued that a diplomatic resolution was within reach. The news provided a meaningful boost to risk assets, weighed on the US dollar and pulled oil prices lower as markets repriced the immediate probability of a military escalation.

How to Read the COT Report to Track Forex Market Sentiment.The Commitment of Traders (COT) report is one of the few tools retail traders can use to track institutional positioning. It shows how large speculators and asset managers are exposed across major currency futures markets— providing insight into broader market sentiment.

Swiss Franc weakens as USD receives support from rising odds of Fed hawkish stance.Swiss Franc weakens as USD receives support from rising odds of Fed hawkish stance

New Zealand Dollar declines against US Dollar despite hopes of US-Iran deal.New Zealand Dollar declines against US Dollar despite hopes of US-Iran deal

Rupee slide to persist with no oil relief; Asia FX weakness compounds pain.The Indian rupee is expected to extend its weakness on Tuesday, potentially slipping to an all-time low, amid high oil prices ​that have been a persistent drag for several weeks.

Pound Sterling Price News and Forecast: Softens as UK political turmoil, hawkish Fed bets weigh.Pound Sterling Price News and Forecast: Softens as UK political turmoil, hawkish Fed bets weigh