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Market News
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EUR/USD reclaims 1.1600, but can bulls extend gains?
Overview: EURUSD opened with a bullish gap, reclaiming 1.1600, yet caution remains warranted as the pair trades below a dense SMA cluster and the uptrend line, keeping the near-term bias neutral despite the rebound from last week’s 1.1575 low. Momentum: Momentum is still subdued, with the RSI and MACD in negative territory, though the RSI
May 25, 2026 -
US-Iran deal hopes push oil prices below $100 a barrel
Crude falls nearly 6% while Trump says Strait of Hormuz blockade will stay in place until agreement finalised Oil prices slipped below $100 a barrel on Monday on hopes of a deal between the US and Iran, after President Donald Trump said the Strait of Hormuz blockade would stay in place until an agreement is
May 25, 2026 -
Gold Prices Surge Over 1% Amid Signs of US-Iran Peace Progress and Dollar Dip
Gold took a sharp step higher during Asian trading hours Monday, rallying over 1% following encouraging announcements from US officials about progress toward a potential peace arrangement with Iran. The metal’s jump came alongside notable declines in the US dollar and Treasury yields, which are traditionally inversely related to gold prices. At 01:35 ET, spot
May 25, 2026 -
USD/JPY: Second consecutive week closes higher
USD/JPY rose to 159.04 at the end of the week, marking the yen’s second consecutive weekly decline. The Japanese currency came under pressure after weaker inflation data reduced expectations of imminent Bank of Japan policy tightening. Core inflation in Japan slowed to 1.4% in April, down from 1.8% the previous month – the lowest level
May 22, 2026
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