News from the economy, politics and the financial markets
In this section of our news section we provide you with editorial content from leading publishers.
Latest news
USD/SGD: MAS tightening supports Singapore Dollar – MUFG
MUFG’s Senior Currency Analyst Michael Wan notes that the Monetary Authority of Singapore (MAS) tightened its exchange rate policy in April by slightly increasing the slope of the Singapore Dollar Nominal Effective Exchange Rate (S$NEER) band, becoming the first Asia-ex-Japan central bank to tighten
Gold surges as Iran talks hopes dent US Dollar again
Gold (XAU/USD) price surges nearly 2% on Tuesday amid growing optimism linked to the resumption of US-Iran talks, even though the US military seized Iran-linked ships as the blockade of the Strait of Hormuz persists. The XAU/USD trades at $4,835 after bouncing off daily lows of $4,742.
CNY: Safe-haven role grows with stronger yuan – Societe Generale
Societe Generale analysts highlight that CNY strength has resumed, with USD/CNY nearing 6.80 for the first time in three years as China-linked tankers transit the Strait of Hormuz.
Argentina Consumer Price Index (MoM) came in at 3.4%, above expectations (3%) in March
Argentina Consumer Price Index (MoM) came in at 3.4%, above expectations (3%) in March
Forex Today: US Dollar extends slide as softer US data and Iran optimism reshape markets
The US Dollar Index (DXY) fell toward the 98.10 region, reaching multi-week lows as softer inflation data and improving global sentiment led to a broad sell-off of the Greenback. Declining Oil prices and easing yields further contributed to the downward pressure.
Singapore: Imported energy shock drives MAS stance – UOB
UOB’s Jester Koh highlights that MAS raised its 2026 core and headline inflation forecast ranges to 1.5–2.5% as imported energy costs surge. He stresses that higher Oil and gas prices will pass through to Singapore’s CPI via electricity, transport and goods.
AUD/USD Price Forecast: Bulls eye break above 0.7150-0.7170 resistance
AUD/USD trades with a mild positive bias on Tuesday, supported by a softer US Dollar (USD) as renewed hopes of US-Iran talks weigh on the Greenback and lift demand for risk-sensitive currencies like the Australian Dollar (AUD).
USD/KRW: Two-way trade with geopolitical risk – OCBC
OCBC strategists Sim Moh Siong and Christopher Wong note USD/KRW traded higher on heightened Middle East tensions and Oil gains, with Korean Won pressured as a higher-beta, net Oil importer currency.
WTI Oil retreats for third day on US-Iran diplomacy hopes, Hormuz risks cap downside
West Texas Intermediate (WTI) US Oil declines on Tuesday, with the barrel trading around $89.10 at the time of writing, down 3.93% on the day.
USD/SGD: MAS tightening supports stronger Singapore Dollar – Commerzbank
Commerzbank’s Charlie Lay and Moses Lim note that Monetary Authority of Singapore (MAS) has tightened policy by slightly increasing the pace of Singapore Dollar (SGD) Nominal Effective Exchange Rate (NEER) appreciation, focusing on inflation rather than growth.
Dow Jones Industrial Average climbs as soft PPI, Iran ceasefire hopes lift sentiment
The Dow Jones Industrial Average (DJIA) gained around 300 points, or 0.60%, trading near 48,500. The S&P 500 rose 1.1% while the Nasdaq Composite jumped 1.8%, led by a broad rally in technology names.
GBP/USD nears 1.3590 as softer US PPI sinks Dollar demand
The Pound Sterling (GBP) advances on Tuesday as traders remain optimistic about a possible resolution to the US-Iran conflict. At the same time, the US Dollar (USD) weakens amid a hot US inflation report that missed forecasts of a higher print.
USD/JPY tumbles as softer US data and BoJ hawkish tilt collide with shifting war sentiment
The USD/JPY pair is trading with a bearish bias near the 158.90 region on Tuesday, extending recent losses as the US Dollar (USD) continues to soften amid improving risk sentiment on renewed hopes of United States (US)-Iran negotiations.
Asia FX: Mixed implications of Strait of Hormuz risk – MUFG
MUFG’s Senior Currency Analyst Michael Wan highlights that Trump has begun a US naval blockade of the Strait of Hormuz, but risk assets have rebounded as talks between the US and Iran continue.
ECB’s President Lagarde: We have to be data dependent
Christine Lagarde, President of the European Central Bank (ECB), spoke to Bloomberg TV on Tuesday. She claimed that they need to keep an eye on the medium term while checking data.
What Strait? US stocks soar as Oil market sells off on US-Iran negotiations
Talks of another round of negotiations between the US and Iran are pushing US stock indices higher on Tuesday. Oil (WTI) futures buckled under the pressure, shedding nearly 7% to trade below $93 as the NASDAQ Composite and S&P 500 added 1.5% and 1.0%, respectively.
USD/CAD pares losses as Oil slides below $90 on US-Iran talks optimism
USD/CAD trims some of its earlier losses on Tuesday as easing Oil prices on renewed US-Iran talks optimism weigh on the commodity-linked Canadian Dollar (CAD), helping the pair recover from intraday lows even as improving risk sentiment keeps the US Dollar (USD) under broad pressure.
Bessent says Fed should "wait and see" before cutting rates
US Treasury Secretary Scott Bessent crossed the wires on Tuesday, stating that he’s “quite confident” that core prices would continue to edge lower in the US despite the Iran war, and that he’s pressing the Federal Reserve (Fed) to cut rates.
Pound Sterling Price News and Forecast: GBP/USD nears 1.3590 as softer US PPI sinks Dollar demand
The Pound Sterling advances as traders remain optimistic about a possible resolution to the US-Iran conflict. At the same time, the US Dollar weakens amid a hot US inflation report that missed forecasts for a higher print. The GBP/USD trades near 1.3590, gaining 0.61%. Read More...
United States 52-Week Bill Auction up to 3.56% from previous 3.485%
United States 52-Week Bill Auction up to 3.56% from previous 3.485%
Showing 61 to 80 of 5164 entries
