Middle East

3 June 2026
USD/IDR hits record near 18,037 as Middle East tensions and Fed outlook lift dollar demand

USD/IDR hit record 18,037 as Middle East tensions, strong dollar demand, and hawkish Fed pressured rupiah.

3 June 2026
NZD/USD slips as Middle East tensions boost US dollar, with US services PMI awaited

NZD/USD dips near 0.5910 as Middle East tensions boost safe-haven USD, despite stronger China services data.

3 June 2026
MENA currencies face renewed selling in May as higher US rate bets spur carry unwinds

Most MENA currencies saw net selling in May as rising US rates fueled carry unwind pressure.

3 June 2026
Oil prices whipsawed by US–Iran talks, Red Sea shipping threats and Russia jet fuel ban

Oil swings on US–Iran headlines, Red Sea shipping threats, and Russia jet-fuel ban, stoking volatility.

3 June 2026
WTI slips as Iran-US talks stall and OPEC+ eyed for July output rise

WTI nears $90 as Iran-US talks stall, OPEC+ output rise looms; traders favor volatility options.

2 June 2026
Gold Holds Early Gains Below Swing High as Ceasefire Eases Dollar Demand, Fed Risks Cap Upside

Gold holds modest gains but remains in downtrend; Fed-hawkish outlook and US data may drive volatility.

2 June 2026
Dollar steadies above 99 as Middle East tensions lift oil and gold; focus turns to Eurozone HICP

Markets cautious on Mideast tensions; dollar and oil surge; gold rebounds. Traders target volatility across FX.

2 June 2026
Commerzbank Sees Eurozone May Inflation Barely Moving EUR/USD as Hormuz Risks Dominate

Commerzbank sees May eurozone inflation unlikely to move EUR/USD; focus instead on Hormuz tensions and oil-driven risk.

2 June 2026
WTI slips as Hormuz blockade fears collide with weak China demand signals

WTI dips near $90.60 as Middle East supply risks collide with weak China/Europe demand, fueling volatility.

2 June 2026
Trump Sees Iran Deal Within Week as Hormuz Tensions Lift WTI and Volatility Outlook

Trump expects Iran deal soon amid Lebanon tensions; oil surges, volatility spikes, traders favor options over futures.

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