Rupee depreciation: What are the implications for commodities and Indian economy?.The Indian rupee experienced a sharp decline in 2026, nearing Rs. 97 against the US dollar before a slight recovery.

US Dollar Forecast: Tariff Refunds and Inflation Drive USDJPY, EURUSD, GBPUSD.Tariff refunds may ease pressure on U.S. businesses and households, but weak growth, lower savings, and sticky inflation keep the U.S. dollar outlook uncertain across USDJPY, EURUSD, and GBPUSD.

Rupee closes at 95 against dollar on its best day since April 2.The rupee strengthened significantly on Friday, closing at 95.00 to the dollar, its best performance since April 2. This rise was attributed to central bank intervention, a reported peace deal between Iran and the US, and easing oil prices.

RBI efforts boost rupee usage, yet global adoption remains limited.Despite RBI's efforts to boost rupee usage in international trade, including Special Rupee Vostro Accounts, its adoption for invoicing and settlement saw only modest growth over the past two fiscal years. This highlights the significant ground India must cover to internationalize its currency in a dollar-dominated global trading order.

The Weekly Bottom Line: Makings of a Deal.Hope for a peace deal to end the conflict between Iran and the U.S. and open the Strait of Hormuz dominated markets this week. While optimism around a possible 60-day truce has pushed oil prices sharply lower (down roughly nine percent relative to late last week), volatility remains elevated.

Expect Canada's Unemployment Rate to Tick Lower in May.Canada's economy had a soft start to 2026. Real GDP growth disappointed consensus expectations and was broadly unchanged in Q1 and the unemployment rate has edged higher.

Natural Gas Price Forecast: 200-Day Resistance Tests Momentum.Natural gas tests major resistance at the 200-day moving average, forms a bearish intraday reversal, while maintaining broader bullish structure within a rising channel and wedge framework.

Julius Baer Euro to Pound Forecast: Political Risks, BoE Repricing to Weigh on GBP.The Euro to Pound (EUR/GBP) exchange rate traded at 0.8663 on Friday, close to the middle of its 2026 trading range after Sterling surrendered some of its spring gains. The pair touched lows near 0.8620 earlier this month but remains below February highs around 0.8790.

Forecasting the upcoming week: The US Dollar fell as ceasefire hopes supported risk sentiment.Forecasting the upcoming week: The US Dollar fell as ceasefire hopes supported risk sentiment

US Bessent on Iran blockade says anything that is taken off will be taken off slowly.US Treasury Secretary Scott Bessent said the administration remains committed to pursuing a diplomatic resolution with Iran but warned that alternative options remain on the table if negotiations fail, while also offering a robust defense of the Federal Reserve's evolving policy framework and the long-term strength of the US dollar.

Eurozone CFTC EUR NC Net Positions down to €29.4K from previous €33.5K.Eurozone CFTC EUR NC Net Positions down to €29.4K from previous €33.5K

Australia CFTC AUD NC Net Positions: $60.2K vs previous $85.6K.Australia CFTC AUD NC Net Positions: $60.2K vs previous $85.6K

Japan CFTC JPY NC Net Positions down to ¥-114.7K from previous ¥-93.9K.Japan CFTC JPY NC Net Positions down to ¥-114.7K from previous ¥-93.9K

investingLive Americas FX news wrap: Trump touts naval blockade lift, progress toward deal.The highlight of the session was Trump's announcement on Truth Social of the lifting of the US naval blockade and a "final determination" on a broader agreement to follow shortly in the White House Situation Room. This gave the positive risk sentiment a further boost, with oil prices extending losses.

Trump did not reach a decision on any new deal with Iran after Situation Room meeting.Trump did not reach a final decision on a Memorandum of Understanding (MoU) with Iran during a nearly two-hour meeting in the White House Situation Room, according to a senior administration official familiar with the deliberations.

Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Prices Test New Lows As Traders Wait For Trump's Decision On Iran.Oil markets test new lows as traders wait for results of U.S. – Iran talks.

British Pound rebounds as US Dollar weakens on Iran deal hopes.British Pound rebounds as US Dollar weakens on Iran deal hopes

How have interest rate expectations changed after this week's event?.The main theme of this week has been US-Iran deal optimism as several reports since the weekend have been pointing to an imminent breakthrough. That breakthrough hasn't come yet, but it still led to a sizeable drop in oil prices and a dovish repricing in interest rate expectations for most central banks.

Natural Gas News: Natural Gas Futures Surge as Heat Forecast Fuels Rally.Natural gas futures surge as hot weather, tighter storage builds, and rising exports fuel a bullish outlook. Can prices break through key resistance?

Iran's Baghaei: No agreement has been finalised with the United States so far.Iran's Foreign Ministry spokesperson Esmaeil Baghaei said no final agreement has yet been reached with the United States, pushing back against growing speculation that Washington and Tehran are on the verge of formalizing a broader understanding over nuclear-related issues.

AI's Next Big Winner Won't Be Tech – Natural Gas Is the Trade to Watch.The Artificial Intelligence boom has become the defining investment story of this decade. Yet the market may still be chasing the most crowded side of the opportunity.

United States Baker Hughes US Oil Rig Count increased to 429 from previous 425.United States Baker Hughes US Oil Rig Count increased to 429 from previous 425

U.S. Dollar Pulls Back As Trump Says He Would Decide On Iran Truce Soon: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY.The American currency is losing ground amid falling demand for safe-haven assets.

Japanese Yen muted amid steady US PCE data.Japanese Yen muted amid steady US PCE data

Blockade lift announcement by Trump seen as first step toward broader US-Iran agreement."A highly informed source tells me that Trump's post on the "Truth Social" platform regarding lifting the siege was actually the first condition before moving on to the rest of the agreement steps. And according to the source, Tehran insisted on an official and public announcement first.

Crude Oil Price Analysis – Crude Oil Continues to Trade the Range.Crude oil continues to look for the floor of the range we have been in. As things continue to play out in the Middle East, traders continue to watch every headline.

Canadian Dollar recovers as softer US Dollar offsets pressure from weak GDP data.Canadian Dollar recovers as softer US Dollar offsets pressure from weak GDP data

Natural Gas Price Analysis – Natural Gas Continues to Grind Higher.Natural gas rallies again on Friday, as traders are trying to time the potential for hot weather in July. At this point, I am still looking to get short – but will have to be patient as the momentum has been ferocious.

Breaking: US President Trump says naval blockade will be lifted.Breaking: US President Trump says naval blockade will be lifted

USD/CAD, USD/CHF and USD/JPY Forecasts – US Dollar Mixed to End the Week.The US dollar has rallied against some currencies, while continuing to see weakness in others, as the Forex markets are mixed on Friday.