Weekly FX Update 13 July 2026 The Strait of Hormuz Is Back in the Spotlight Just when markets appeared to be settling into a quieter rhythm, geopolitics returned to centre stage. Over the weekend, renewed military action between the United States and Iran led to the closure of the Strait of Hormuz—the world’s most important
Weekly FX Update 29 June 2026 From Headlines to Fundamentals After several weeks dominated by geopolitical tensions and oil price swings, markets are beginning to refocus on the economy itself. The ceasefire in the Middle East has eased immediate supply concerns, oil prices have stabilised, and investors are once again paying closer attention to inflation,
Weekly FX Update 22 June 2026 The USD has regained the upper hand, but geopolitics remains the swing factor Last week’s key development was the Federal Reserve’s firmer-than-expected outlook. The Fed left rates unchanged but signalled that a further increase later in 2026 remains possible, helping the USD recover against most major currencies. The result
Weekly FX Update 15 June 2026 Risk mood improves, but central banks still hold the steering wheel Markets start the week in a better mood after news of a tentative U.S.–Iran peace agreement and the potential reopening of the Strait of Hormuz. Oil prices fell sharply, the U.S. dollar weakened, and risk-sensitive currencies, including the
Weekly FX Update 08 June 2026 The AUD gets caught between oil, the Fed, and risk sentiment The Australian dollar starts the week under pressure after a stronger-than-expected US jobs report pushed the US dollar to around a two-month high. Reuters reported that US non-farm payrolls increased by 172,000 in May, well above expectations, and
Weekly FX Update 01 June 2026 The AUD starts the week with support — but the data calendar is loaded The Australian dollar begins the week on a reasonably firm footing, trading around 0.7180–0.7185 against the US dollar, helped by a broadly resilient risk backdrop and a still-elevated commodity complex. Current indicative market pricing shows
Weekly FX Update 25 May 2026 Oil cools, the dollar eases — but inflation has not left the building Markets began the week in a more optimistic mood as signs of progress in US–Iran discussions raised hopes that the Strait of Hormuz could reopen. Oil prices fell sharply and the US dollar softened, helping risk-sensitive
Weekly FX Update 18 May 2026 Oil Is Making Markets Nervous Again Just when markets were hoping for a quieter week, oil decided to make another entrance. Brent crude has moved above US$110/bbl, while WTI is trading around US$105–107/bbl, as Middle East supply concerns remain a major focus. Higher oil prices can feed inflation expectations,
Weekly FX Update 11 May 2026 Oil Is Back in the Driver’s Seat Markets are starting the week with oil back near the centre of attention. Failed US–Iran peace talks and ongoing Strait of Hormuz restrictions have pushed crude higher again, reminding everyone that energy prices can still move markets very quickly. WTI crude was
Weekly FX Update 04 May 2026 Markets Waiting for a Clear Signal Markets are moving… but without strong direction. After weeks of reacting to inflation and global headlines, things have settled into a quieter phase. Not calm — just less reactive. It’s a bit like everyone is waiting for the next big piece of news