Euro consolidates losses against the British Pound despite high inflation figures.Euro consolidates losses against the British Pound despite high inflation figures

New Zealand Dollar: RBNZ cycle and consolidation against AUD – TD Securities.New Zealand Dollar: RBNZ cycle and consolidation against AUD – TD Securities

Eurozone inflation accelerates: Why is the Euro pulling back?.Eurozone inflation accelerates: Why is the Euro pulling back?

Brent: Hormuz disruption sustains price pressure – Rabobank.Brent: Hormuz disruption sustains price pressure – Rabobank

Crude Oil –02.06.2026.Crude Oil managed to hold a trading zone as traders watch the progress with negotiations between Iran and the USA. Intraday shows the chance for a trading zone between support 85.40-60 and resistance 94.30.

USD/JPY –02.06.2026.Our previous outlook for USDJPY still stands as the pair slowly marches towards the resistance zone at 160.20-60. Traders are watching the resistance zone of 160.20-60 as the last time the market was here, the BoJ threatened to intervention to support the Yen.

Japanese Yen: Intervention risks rise near 160 with BoJ in focus – DBS.Japanese Yen: Intervention risks rise near 160 with BoJ in focus – DBS

British Pound: Outlook shifts from bearish to neutral – OCBC.British Pound: Outlook shifts from bearish to neutral – OCBC

Eurozone CPI Rises to 3.2%, Core Inflation Tops Forecasts.Eurozone inflation accelerated in May, reinforcing expectations that the ECB will raise interest rates at next week's meeting. Headline CPI rose from 3.0% yoy to 3.2% yoy, matching market expectations, while core CPI, which excludes energy, food, alcohol and tobacco, accelerated from 2.2% yoy to 2.5% yoy, exceeding expectations of 2.4% yoy.

USD/JPY Price Forecast: Sits near one-month high, below 160.00 intervention threshold.USD/JPY Price Forecast: Sits near one-month high, below 160.00 intervention threshold

Sterling stuck with Iran in focus, political risks linger.Sterling hovered in the middle of its recent range against the dollar and was flat versus the euro as investors focused on ​developments in the Middle East.

Oil: Price rebound drives FX shifts – Danske Bank.Oil: Price rebound drives FX shifts – Danske Bank

UK lenders approve 65,945 mortgages in April, Bank of England data shows.The number of mortgages ‌approved by British lenders for house purchases rose to a 15-month high of 65,945 ​in April from 63,979 in March, according ​to Bank of England data on ⁠Tuesday that also showed consumer ​credit grew faster than expected.

UK mortgage approvals climbs in April, holds above six-month average.The latest money and credit data from the BOE shows that net borrowing of mortgage debt by individuals decreased to £4.4 billion in April. That follows from the £6.8 billion recorded in March.

Global markets turn cautious amid Middle East tensions.Financial markets traded cautiously on Tuesday as investors assessed the latest developments in the Middle East and awaited key economic data releases from Europe and the United States. During the European session, market participants focused on the upcoming release of the preliminary May Harmonized Index of Consumer Prices data from Eurostat.

Here's where Japanese Yen is headed as Middle East conflict keeps Oil prices elevated.Here's where Japanese Yen is headed as Middle East conflict keeps Oil prices elevated

Iran war puts RBI in razor-edge policy bind over inflation, growth and rupee.India's central bank faces one of the toughest interest rate calls in recent memory this week, ​as the Middle East energy shock, a slumping currency and a weak monsoon risk both crimping growth and stoking inflation.

Euro area: Inflation pressures complicate ECB path – Rabobank.Euro area: Inflation pressures complicate ECB path – Rabobank

Euro fails to nab big market share from dollar despite erratic US policy, report shows.The global role of the euro currency hardly budged ‌last year, disappointing some hopes that erratic economic policy in the United States could give it a big boost, as investors moved into gold and smaller currencies instead, an ECB report showed.

GBP/JPY Price Forecast: British Pound breaks above 215.00, nearing intervention levels.GBP/JPY Price Forecast: British Pound breaks above 215.00, nearing intervention levels

European Parliament votes to remove import duties on US goods to comply with trade deal.The European Parliament committee just voted in favour of the legislation to remove duties on many US goods and imports, essentially steering clear of another clash with the US on trade - such as the one last year.

BoJ taper debate heats up as rising yields complicate exit strategy.The Bank of Japan's latest Summary of Opinions from meetings with market participants revealed differing views on the future pace of Japanese government bond (JGB) purchase reductions, highlighting the difficult balancing act the BoJ faces as bond yields continue to climb.

Oil Price Forecast: WTI and Brent Slide as Iran Talks Keep Hormuz Risk High.Crude oil prices remain volatile as U.S.-Iran peace talks, Strait of Hormuz risks, and tight supply conditions keep WTI and Brent trapped in broad consolidation ranges.

First Light News: Geopolitics and Data Remain Front and Centre.Markets remain on tenterhooks as peace talks between the US and Iran have all but stalled.

Japanese Yen: Stays weak against dollar, losses capped below 159.95 – UOB.Japanese Yen: Stays weak against dollar, losses capped below 159.95 – UOB

Dollar index edges lower as traders focus on US labour market signals.The US Dollar traded slightly lower during the European session on Tuesday as investors awaited the release of the United States Job Openings and Labour Turnover Survey data for April, scheduled for publication at 14:00 GMT. At the time of writing, the US Dollar Index, which measures the Greenback against a basket of six major currencies, was down 0.1% at around 99.07.

Natural Gas and Oil Forecast: WTI Breakdown Below $92 While Brent Tests $94 — NatGas Holding Strong?.With geopolitical risk premium largely removed, oil benchmarks faced renewed selling pressure while natural gas showed resilience. WTI confirms bearish breakdown targeting $89.14, Brent tests channel floor at $94.06, and NatGas holds $3.169 after surge.

Polish Zloty: NBP on extended hold with mixed inflation – Commerzbank.Polish Zloty: NBP on extended hold with mixed inflation – Commerzbank

France Budget Balance fell from previous €-42.9B to €-69.6B in April.France Budget Balance fell from previous €-42.9B to €-69.6B in April

US Dollar Index: Trades with caution near 99.00 ahead of US JOLTS Job Openings data.US Dollar Index: Trades with caution near 99.00 ahead of US JOLTS Job Openings data