Markets Cheer as Bessent Sees Hormuz Reopening Soon. Why Doesn’t Brent Oil Break $80?
Why Brent's failure to break below $80 reveals lingering doubt about Bessent's Hormuz optimism
What's happening: Treasury Secretary Scott Bessent said the US and Iran...
Two Things Stand Between GBP/CAD and an Upside Breakout
GBP/CAD looks ready to resume its uptrend after rebounding from the 55-day EMA, but a sustained breakout depends on two separate forces — Friday's volatile Canadian jobs report and whether oil's renewed strength above $86 continues to support the Canadian Dollar.
AUD/NZD Pressured as Inflation Backs More RBNZ Tightening, Jobs Need Only Confirm It
With markets already convinced the RBA is done hiking, tomorrow's New Zealand employment report matters less for whether the RBNZ turns more hawkish and more for whether the labor market stays resilient enough to keep its tightening bias intact — a dynamic already pressuring AUD/NZD lower.
Yen Strength Squeezes Into Crosses as USD/JPY Defends 155… For Now
Why confirmed US-Japan intervention pushed Yen strength into the crosses instead of breaking USD/JPY below 155
What's happening: Japan and the US jointly confirmed last...
