Forex & Currencies
USD strengthens even as US equities fall and 10-year yields hold at 4.39%; USD/JPY nears 160 as the BOJ faces an impossible oil-shock dilemma with no clean policy path.
Analysis of global foreign exchange markets — major currency pairs, emerging market currencies, exchange rate trends, and macroeconomic drivers of forex movements.
USD strengthens even as US equities fall and 10-year yields hold at 4.39%; USD/JPY nears 160 as the BOJ faces an impossible oil-shock dilemma with no clean policy path.
DXY fell ~1% as the RBA hiked to 4.1%, ECB signalled possible rate rises, and the BOE triggered a violent gilt rout — reversing the Iran war's safe-haven premium on the dollar.
EUR/USD slips to 1.1567 as Brent retakes $91.94 and Iran's Hormuz threat keeps energy import pressure on Europe, while the yen adds 0.50% on safe-haven demand and global bond yields surge.