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DXY rose to four-day high as Iran tensions and hawkish Fed expectations lifted oil, inflation fears.
RBNZ hikes OCR to 2.50%, signals more rises; NZD dips on tensions, creating bullish relative-value opportunities.
Gold holds above $4,100 but upside capped by hawkish Fed, rising yields, and escalating Hormuz tensions.
EUR/USD slid on Hormuz tensions, oil spike and dollar haven demand, ahead of FOMC minutes signals.
NZD/USD hovers near 0.5700 as hawkish Fed signals and firm US data support the dollar.
Waller says forward guidance helps policy but risks rigidity; Fed prioritizes flexibility, boosting data-driven volatility.
BNY expects RBNZ to hike OCR 25bp to 2.50%, with guidance and hawkish path scrutinised.
German factory orders surged 6.2% in May, boosting optimism for equities, euro strength, and higher yields.
USD/CAD nears 1.4210 as hawkish Fed boosts dollar, while oil volatility and minutes guide direction.
EUR/USD may gain as Fed pause weakens dollar while hawkish ECB, energy inflation risks support euro.
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