Forex News

Oil Surges Toward $110 as Trump-Xi Summit Signals Supply Rerouting, Not Hormuz Resolution

The Trump-Xi summit was supposed to calm oil markets. Instead, it may have convinced traders that the global energy system is adapting to a prolonged Hormuz disruption rather than preparing for its resolution.

Fri, 15 May 2026 04:55:18 -0400

Treasury yields jump across the curve, 10-year yields hit near one-year high

The broader risk mood is worsening on the session as we see oil prices ramp higher while stocks and precious metals sink lower. At the same time, we're seeing bond yields extend higher with Treasury yields jumping across the curve.

Fri, 15 May 2026 04:55:09 -0400

Brent: Supply risk keeps prices elevated – Deutsche Bank

Brent: Supply risk keeps prices elevated – Deutsche Bank

Fri, 15 May 2026 04:32:22 -0400

Euro rallies above 0.8700 against the British Pound as UK political turmoil worsens

Euro rallies above 0.8700 against the British Pound as UK political turmoil worsens

Fri, 15 May 2026 04:22:52 -0400

Hungarian Forint: Swap move flags MNB easing risk – Commerzbank

Hungarian Forint: Swap move flags MNB easing risk – Commerzbank

Fri, 15 May 2026 04:22:49 -0400

A barrel of uncertainty

The war in Iran is about to enter its 12th week and, with no end in sight, concern is growing about the impact on the real economy.

Fri, 15 May 2026 04:13:26 -0400

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.

Fri, 15 May 2026 04:08:44 -0400

Turkey Budget Balance fell from previous -229.9B to -338.7B in April

Turkey Budget Balance fell from previous -229.9B to -338.7B in April

Fri, 15 May 2026 04:01:56 -0400

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.

Fri, 15 May 2026 04:01:49 -0400

Italy Consumer Price Index (YoY) below forecasts (2.8%) in April: Actual (2.7%)

Italy Consumer Price Index (YoY) below forecasts (2.8%) in April: Actual (2.7%)

Fri, 15 May 2026 04:01:11 -0400

Italy Consumer Price Index (MoM) below forecasts (1.2%) in April: Actual (1.1%)

Italy Consumer Price Index (MoM) below forecasts (1.2%) in April: Actual (1.1%)

Fri, 15 May 2026 04:01:08 -0400

Italy Consumer Price Index (EU Norm) (YoY) below forecasts (2.9%) in April: Actual (2.8%)

Italy Consumer Price Index (EU Norm) (YoY) below forecasts (2.9%) in April: Actual (2.8%)

Fri, 15 May 2026 04:01:02 -0400

Italy Consumer Price Index (EU Norm) (MoM) came in at 1.6%, below expectations (1.7%) in April

Italy Consumer Price Index (EU Norm) (MoM) came in at 1.6%, below expectations (1.7%) in April

Fri, 15 May 2026 04:00:58 -0400

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.

Fri, 15 May 2026 03:59:11 -0400

Japanese Yen: Further weakness against US Dollar remains a risk – MUFG

Japanese Yen: Further weakness against US Dollar remains a risk – MUFG

Fri, 15 May 2026 03:43:11 -0400

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

Fri, 15 May 2026 03:37:22 -0400

Pound Sterling: “We Now Expect Quarterly Growth to Stagnate in Q3,” say UK Economists

The Pound traded cautiously against the Euro and US Dollar after stronger-than-expected UK GDP data reinforced signs the economy entered the Iran-driven energy shock with more momentum than previously thought. Latest — Exchange Rates:Pound to Euro (GBP/EUR): 1.14862 (+0.03%)Pound to Dollar (GBP/USD): 1.33706 (-0.15%)Euro to Dollar.

Fri, 15 May 2026 03:30:00 -0400

Indian Rupee: Policy steps shape currency outlook – DBS

Indian Rupee: Policy steps shape currency outlook – DBS

Fri, 15 May 2026 03:26:38 -0400

Turkish Lira: Reserve drain and inflation risks – Commerzbank

Turkish Lira: Reserve drain and inflation risks – Commerzbank

Fri, 15 May 2026 03:05:23 -0400

Natural Gas Price Forecast 2026: RBC Targets Above $3.50

The Henry Hub natural gas benchmark has steadied near $2.80/MMBtu, following earlier volatility during the withdrawal season. RBC Capital Markets notes that US natural gas prices have “settled into a lull – especially when compared to their global peers, with high LNG prices and landed natural gas prices in Europe and Asia.

Fri, 15 May 2026 03:00:00 -0400

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