US Dollar: Upside risks as Fed stays restrictive – BBH.US Dollar: Upside risks as Fed stays restrictive – BBH

WTI Oil pulls back below $90 despite rising tensions in Iran .WTI Oil pulls back below $90 despite rising tensions in Iran 

Euro: Higher oil prices weigh before late-2026 rebound – ABN AMRO.Euro: Higher oil prices weigh before late-2026 rebound – ABN AMRO

Sterling drops as Middle East tensions, domestic politics weigh.Sterling slipped for a third straight day against both the euro and the dollar, as investors focused on Middle East tensions and lingering domestic political ​concerns.

Euro area economic sentiment picks back up a little in May but headwinds linger.The indicator continues to score below its long-term average of 100, as headwinds from the Middle East conflict continue to linger. Looking at the details, industrial confidence (-8.0) dipped further on the month as the bounce was mostly helped by a minor rebound in services confidence (2.2) this time around.

United States Dollar Index (DXY) Price Forecast: Sticks to gains above 99.00; US PCE eyed.United States Dollar Index (DXY) Price Forecast: Sticks to gains above 99.00; US PCE eyed

Brent Oil Holding Below $100 Suggests Markets Still See Room for a US-Iran Deal.The market's faith in an imminent US-Iran peace breakthrough has clearly weakened today — but it has not disappeared yet. Oil prices jumped again in after fresh military escalation around the Strait of Hormuz reignited fears of prolonged supply disruptions across the Gulf.

Dollar likely to weaken over long-term due to U.S. fiscal dynamics, JPMorgan Asset Management exec says.The dollar will likely weaken over the long-term given concerns ​over elevated U.S. debt levels, the ‌EMEA CEO of JPMorgan Asset Management said on Thursday.

Japanese Yen: Approaching intervention zone against USD – Societe Generale.Japanese Yen: Approaching intervention zone against USD – Societe Generale

Euro remains vulnerable amid higher Crude prices, risk-off markets .Euro remains vulnerable amid higher Crude prices, risk-off markets 

ECB's Stournaras: Current environment necessitates careful adjustment toward restrictive policy.ECB's Stournaras: Current environment necessitates careful adjustment toward restrictive policy

Fed: Longer hold before gradual easing – ABN AMRO.Fed: Longer hold before gradual easing – ABN AMRO

Portugal Business Confidence: 2.7 (May) vs 2.6.Portugal Business Confidence: 2.7 (May) vs 2.6

Portugal Consumer Confidence declined to -27.1 in May from previous -23.9.Portugal Consumer Confidence declined to -27.1 in May from previous -23.9

Italy Business Confidence came in at 87.9, above forecasts (87.5) in May.Italy Business Confidence came in at 87.9, above forecasts (87.5) in May

Italy Consumer Confidence came in at 93.4, above expectations (90.1) in May.Italy Consumer Confidence came in at 93.4, above expectations (90.1) in May

British Pound: Bond underperformance draws bids alongside JPY – BNY.British Pound: Bond underperformance draws bids alongside JPY – BNY

Swiss Franc trims losses despite higher Oil prices, lower Swiss employment.Swiss Franc trims losses despite higher Oil prices, lower Swiss employment

Iran's Foreign Ministry: We strongly condemn US strikes near Hormuz Strait.Iran's Foreign Ministry: We strongly condemn US strikes near Hormuz Strait

Wealthy families cut dollar exposure, survey finds.The world's richest families are trimming exposure to the U.S. dollar as geopolitical tensions and rising sovereign debt drive ​a broader rethink of portfolio risk, UBS said in a ‌report published on Thursday.

Natural Gas and Oil Forecast: Ceasefire Holds in Week 8 — WTI Crashes Below $92, NatGas Eyes $3.00?.One month-plus into the truce, supply-demand dynamics dominate as US production stays robust. WTI plunges below $92 after channel violation, Brent defends $95.01 support, and Natural Gas maintains bullish structure near $2.995.

US Dollar Index: Range-bound trade persists on Iran peace hopes – DBS.US Dollar Index: Range-bound trade persists on Iran peace hopes – DBS

GBP/JPY Price Forecasts: Pound picks up to 213.80 as US-Iran conflict escalates.GBP/JPY Price Forecasts: Pound picks up to 213.80 as US-Iran conflict escalates

First Light News: Risk-off as Hormuz Hopes Fade.What was already a tentative peace narrative in the Middle East surrounding the Strait of Hormuz has given way to a firm risk-off environment this morning as the European cash session gets underway.

Japanese Yen: Downtrend intact against US Dollar with 159.95 in focus – UOB.Japanese Yen: Downtrend intact against US Dollar with 159.95 in focus – UOB

Spain Retail Sales (YoY): 0.8% (April) vs previous 4.1%.Spain Retail Sales (YoY): 0.8% (April) vs previous 4.1%

BOJ rate hike timing secondary to economy's readiness, ex-BOJ Deputy Governor Wakatabe says.Former Bank of Japan Deputy Governor ​Masazumi Wakatabe said on Thursday ‌that the timing of a potential interest rate hike ​is less important than ​whether the economy can ⁠withstand tighter monetary policy.

ECB Minutes in Focus as Tension in the Middle East Continues.In the euro area, the ECB publishes the minutes from its March meeting today. Given recent comments from Governing Council members, the minutes are likely to reflect increasingly hawkish discussions around further policy hikes.

Brent: Crude breaks lower on US-Iran optimism – MUFG.Brent: Crude breaks lower on US-Iran optimism – MUFG

Oil Price Forecast: WTI and Brent Rebound as Iran Risk Revives Supply Fears.Oil prices rebound as fresh U.S. strikes on Iran revive supply-risk concerns, while falling U.S. inventories and bullish WTI and Brent structures keep the broader trend supported.