UAE set to accelerate new oil pipeline project to help bypass Strait of Hormuz.The pipeline is already under construction but the latest decision by the UAE is to accelerate said project in order to become operational in 2027. The Crown Prince of Abu Dhabi met with the executive committee of the ADNOC board of directors and directed to accelerate delivery of the project.

Natural Gas and Oil Forecast: WTI Pulls Back to $98.75 as Brent Stays Resilient — NatGas Eyes Breakout?.With geopolitical risk premium largely removed, oil and natural gas trade on supply-demand dynamics. WTI retreats to channel support at $98.75, Brent defends $107 with higher lows intact, and Natural Gas bounces toward $2.93–$2.94 resistance.

Sterling extends losses as UK cabinet crisis fuels fiscal concerns.The British Pound weakened against the US Dollar for the fourth consecutive session on Thursday, as political uncertainty in the UK intensified and investors shifted towards the stronger US currency. Sterling was trading at 1.3337 against the Dollar at the time of writing, pressured by growing concerns surrounding instability within the UK government and fears of a potential fiscal crisis.

British Pound dives to five-week lows below 1.3350 as UK political crisis deepens.British Pound dives to five-week lows below 1.3350 as UK political crisis deepens

EUR/JPY Price Forecast: Slips below 184.50 near the confluence around descending wedge top.EUR/JPY Price Forecast: Slips below 184.50 near the confluence around descending wedge top

Indian Rupee: Policy steps shape currency outlook – DBS.Indian Rupee: Policy steps shape currency outlook – DBS

Turkish Lira: Reserve drain and inflation risks – Commerzbank.Turkish Lira: Reserve drain and inflation risks – Commerzbank

Dollar index hits five-week high as Fed bets rise.The US dollar strengthened this week, supported by rising US Treasury yields as resilient macroeconomic data and persistent inflationary pressures increased expectations of additional Federal Reserve rate hikes later this year. The US Dollar Index (DXY), which tracks the Greenback against a basket of major currencies, climbed to a five-week high of 99.20 at the time of writing.

US Dollar Index (DXY) rallies above 99.00 amid soaring US yields.US Dollar Index (DXY) rallies above 99.00 amid soaring US yields

And so it ends.. Trump boards Air Force One to depart China after his visit.Trump's visit to China to meet with Xi was mainly for show, with both sides wanting to reaffirm to the world that the two major powers are keeping more stable relations in a time of economic turbulence. That especially after the tariffs war last year that strained ties between the two countries.

US Dollar: Strong data supports Dollar gains – Rabobank.US Dollar: Strong data supports Dollar gains – Rabobank

British Pound: Political strain weighs on Sterling – Commerzbank.British Pound: Political strain weighs on Sterling – Commerzbank

Euro falls as risk aversion increases, Fed policy shifts.Euro falls as risk aversion increases, Fed policy shifts

Pound-to-Euro Forecast: Strong UK GDP Fails to Rescue GBP.The Pound to Euro (GBP/EUR) exchange rate remained under pressure on Thursday as mounting UK political uncertainty overshadowed stronger-than-expected British GDP figures and continued to weigh on Sterling sentiment. At the time of writing, GBP/EUR was trading around €1.1480, down roughly 0.57% on the day and close to its weakest levels.

USD/JPY Price Forecast: Extends winning streak and stabilizes above 20-day EMA.USD/JPY Price Forecast: Extends winning streak and stabilizes above 20-day EMA

Markets Enter Warsh Fed Era With Higher Yields, Stronger Dollar, and No Hormuz Relief.The first trading day of Kevin Warsh's tenure as Federal Reserve Chair is already being defined by rising Treasury yields, stronger Dollar demand, and market skepticism that the Trump-Xi summit will deliver meaningful relief from the global energy shock.

WTI Price Forecast: Rises to near $98.50 as bullish bias prevails.WTI Price Forecast: Rises to near $98.50 as bullish bias prevails

Indian Rupee remains weak amid concerns over India's forex reserves.Indian Rupee remains weak amid concerns over India's forex reserves

Risk-off wave starts to sweep across markets ahead of European trading.After the record highs in Wall Street yesterday, the mood music is switching around as we get into the new day. With markets turning their attention to Trump's visit to China, the war in the Middle East continues to rage on.

Carry on trading: rate-based G10 currency bets make a comeback.The carry trade, where investors buy high-yielding major currencies and sell low-yielding ones, is having its best run in years, even with major risk-driven moves in global markets.

BOJ expected to raise rates to 1.0% in June, hike again in Q4 — Reuters poll.BOJ expected to raise rates to 1.0% in June, hike again in Q4 — Reuters poll

AUD/JPY Price Forecast: Slips to near 114.00, but maintains bullish structure above 100-day average.AUD/JPY Price Forecast: Slips to near 114.00, but maintains bullish structure above 100-day average

Oil Surges Past $106, USD Rises as Fed Signals Steady Rates.Equities: Despite global energy flows disrupting markets, the benchmark S&P 500 index extended its rally in 2026 towards the next psychological level of 7,500 and a record high.

British Pound hangs near one-week low vs JPY; seems vulnerable below 212.00/100-day SMA.British Pound hangs near one-week low vs JPY; seems vulnerable below 212.00/100-day SMA

BOJ expected to raise rates to 1.0% in June, hike again in October-December.The Bank of Japan will raise its key interest rate to 1.0% in June, nearly two-thirds of economists said in a Reuters poll, as it presses ahead with ​efforts to normalise monetary policy amid rising inflation concerns from the war in Iran.

USD/JPY Climbs Toward 160 as Rising US Yields Test Japan's Intervention Resolve Again.USD/JPY is once again approaching territory that could force Japanese authorities into difficult decisions. The pair surged through 158 on Friday as broad Dollar strength combined with another sharp rise in US Treasury yields.

investingLive Asia-Pacific FX news wrap: KOSPI 8K record short-lived as Iran nerves bite.Government bond yields ground higher across the session, with the 10-year US Treasury pushing above 4.5%, lending support to the dollar while weighing on equities and metals. It was a broadly risk-off tone that built gradually through the day rather than arriving in one sharp move.

Cliff Notes: Beyond the Horizon.The 2026/27 Federal Budget was the main event in Australia this week. Our bulletin provides a detailed view of the Government's fiscal position, policy measures and economic expectations over the forward estimates.

US yields, dollar amplify oil-driven pressure on Indian rupee.The Indian rupee, which has been sliding to new lows in recent sessions, is expected to remain under pressure on Friday, with rising ​U.S. Treasury yields boosting the dollar and compounding the already significant ‌strain from high crude oil prices.

British Pound declines to near 1.3350 amid UK political uncertainty.British Pound declines to near 1.3350 amid UK political uncertainty