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Markets turned risk positive Monday on the news an interim peace agreement between the US and Iran had been made. Both parties have signed a Memorandum of Understanding (MOU) which should allow the immediate reopening of the Strait of Hormuz and the lifting of the US blockade on Iran.
Read more →Markets turned “risk on” early this morning after headline news suggested US President Trump has announced a deal with Iran. The US Dollar (USD) as the strongest performer this week on the main board while the Japanese Yen (JPY) was the worst performer- 5 weeks straight.
Read more →Goldman Sachs now forecasts no Fed Rate cuts until 2027 citing Friday’s jobs number and low unemployment. The general market is still pricing in a hike in December and as early as September.
Read more →The Australian economy grew at an annual rate of 2.5% in the March quarter the same as the December quarter. The US Dollar (USD) has been the strongest performer this week on the main board while the Japanese Yen (JPY) was the worst performer 3 week’s running.
Read more →Iran has stopped all indirect communication with Washington as Iran forces are planning to completely block the Strait of Hormuz. Trump says this is false. The New Zealand Dollar (NZD) has been the strongest performer last week on the main board while the Japanese Yen (JPY) was the worst performer.
Read more →Iran and the US both reject deal – no “final deal” has been reached yet. The New Zealand Dollar (NZD) has been the strongest performer this week on the main board while the Japanese Yen (JPY) has been the worst performer.
Read more →Markets closed the week on a positive risk footing after progress in the US/Iran draft negotiations. Equity prices rallied and crude oil prices stabilised around $90 a barrel. Fed start to price in interest rate hikes from late 2026 early 2027 if inflation fails to balance out.
Read more →Risk appetite remains hit and miss this week as geopolitical headlines dictate central bank paths.The US Dollar (USD) and Australian Dollar (AUD) have been the strongest performers this week on the main board while the Japanese Yen (JPY) has been the worst performer.
Read more →Global oil stocks are rapidly depleting as the Iran war disruption persists. At the moment more than 23,000 Iran factories have been hit and over 1 million jobs lost with the UNDP (United Nations) suggesting up to 4M Iranians could drop into poverty as a direct result.
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