Pound edges up but politics, inflation limit gains.The pound rose on Monday, but remained just above its lowest since early April, which it hit earlier, as concern over a spike in inflation from ​rising energy prices collided with a political crisis in Britain.

Oil: Supply risks and policy shifts support prices – BNY.Oil: Supply risks and policy shifts support prices – BNY

Japanese Yen: Intervention threat capping losses versus US Dollar – BBH.Japanese Yen: Intervention threat capping losses versus US Dollar – BBH

United Kingdom: Sluggish jobs outlook persists – Deutsche Bank.United Kingdom: Sluggish jobs outlook persists – Deutsche Bank

IMF Staff: BoE doesn't need to raise interest rates this year.IMF Staff: BoE doesn't need to raise interest rates this year

Chinese Yuan: Stimulus hopes as PBoC defends 6.8 – TD Securities.Chinese Yuan: Stimulus hopes as PBoC defends 6.8 – TD Securities

Bank of England's Greene says central banks can't assume Iran war impact will be temporary.Bank of England interest rate-setter Megan Greene said central banks should not assume that the Iran war's inflationary hit will be temporary and ​that policymakers cannot wait to see all the evidence of ‌the impact before taking a stance on rates.

US Dollar: Structural risks behind yield-driven strength – DBS.US Dollar: Structural risks behind yield-driven strength – DBS

IMF raises UK outlook but warns political turmoil could hurt growth.The International ​Monetary Fund raised its growth forecast for Britain's economy this year on Monday but warned that further "domestic uncertainty", at a time when political instability is engulfing ‌the government, could hit spending and investment.

Australian Dollar climbs against Yen as structural forces weigh on JPY.Australian Dollar climbs against Yen as structural forces weigh on JPY

US Dollar Index (DXY) eases to 99.10 amid hopes of a US-Iran peace deal.US Dollar Index (DXY) eases to 99.10 amid hopes of a US-Iran peace deal

Japanese Yen: Fiscal risks and energy shock weigh on JPY – MUFG.Japanese Yen: Fiscal risks and energy shock weigh on JPY – MUFG

USD/JPY Signal: Dollar Strength Builds as 158 Support Opens Path to 160 - 18 May 2026.USD/JPY remains bullish as rising US yields support the dollar, with dips toward 158 viewed as buying opportunities targeting 160.

IEA warns of rapid Oil inventory drawdowns, finite reserve support.IEA warns of rapid Oil inventory drawdowns, finite reserve support

IEA chief warns that commercial oil inventories are depleting rapidly.This continues his warning from last month, in saying that Europe could run out of jet fuel in about six weeks. So, we're starting to push towards the edge of the situation caused by the Middle East conflict now.

British Pound: Downside risk versus US Dollar below 200-DMA – Societe Generale.British Pound: Downside risk versus US Dollar below 200-DMA – Societe Generale

New Zealand Dollar advances as US Dollar correction outweighs weak Chinese data.New Zealand Dollar advances as US Dollar correction outweighs weak Chinese data

China Flash – Data Shows Broad Based Weakness in April.Key takeaways: After rays of light in Q1, the Chinese data batch for April released overnight threw a bit of cold water on the recent signs of improvement in domestic demand. Retail sales growth dropped to a three-year low and the housing market continues to be weak.

The Week Ahead – looking to the future.Weekly outlook covering Where AUDUSD resumes the downtrend and XAUUSD, with SPX500 analysis and key support and resistance levels shaping market expectations. AUDUSD resumes the downtrend The Australian Dollar continues to lose ground after falling by more than 100 pips last week.

China: Cooling demand and stable US ties – Standard Chartered.China: Cooling demand and stable US ties – Standard Chartered

USD/JPY Rises for Sixth Straight Day: Yen Back on the Cusp of Intervention.USD/JPY climbed to 158.93 on Monday, marking the yen's sixth consecutive session of decline. The Japanese currency is under pressure from a stronger dollar amid rising expectations that the Federal Reserve may raise interest rates this year to curb inflation.

Natural Gas and Oil Forecast: Hormuz Crisis Keeps WTI at $102 — Can Bulls Push to $105?.WTI reclaims $102 inside a blue ascending channel as Hormuz disruptions cut 20% of global supply — bulls now eye $103–$105 resistance.

Yuan gains momentum as global banks revise forecasts higher. Some global investment banks have revised their forecasts for the Chinese yuan higher, citing the country's export competitiveness and stable trade relations with the United States. The Chinese currency has steadily strengthened this year, rising nearly 3% against the US dollar to 6.8040 per dollar on Monday.

Polish central bank ready to act but will take its time to assess, Glapinski says.Poland's central bank is ready to act against the current oil price-driven inflation shock but will take its time to assess the outlook, especially as the country is in ​better shape than it was during the last inflation shock, its governor said ​on Monday.

Australian Dollar clings to recovery gains vs retreating USD; Iran tensions cap upside.Australian Dollar clings to recovery gains vs retreating USD; Iran tensions cap upside

WTI Oil eases to $101.50 as Tehran flags Hormuz reopening.WTI Oil eases to $101.50 as Tehran flags Hormuz reopening

Investors bet on stability after Trump-Xi summit as Iran war concerns linger.The focus on "strategic stability" during a summit between U.S. President Donald Trump and China's Xi Jinping will ease Sino-American geopolitical risks for Chinese markets, but little ​progress on trade and the Iran war will keep investor enthusiasm in check.

Iran's ForMin Spokesperson says process of talks through Pakistani mediation is ongoing.Iran's foreign ministry says that indirect diplomatic channels with the US remain active despite recent escalations. Iranian and Omani technical teams held meetings in Oman last week to negotiate a dedicated mechanism aimed at securing safe transit through the critical chokepoint of the Strait of Hormuz.

BoE's Greene: Second-round effects of energy price shock won't show up for another year.BoE's Greene: Second-round effects of energy price shock won't show up for another year

Global banks raise yuan forecasts, fuelled by China's export strength and stable US ties.Some global investment houses revised up their yuan forecasts, fuelled by China's export competitiveness and steady trade relations with the ​U.S., the world's biggest economy.