Up Or Down: Where Are Oil Prices Heading Next In June?.The Strait of Hormuz remains the most important pressure point in global Energy markets.

Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Moves Higher As Iran Delays Nuclear Talks With U.S..Iran wants Israel to stop its military operation against Hezbollah in Lebanon.

Australian Dollar trades little changed as hawkish Fed and RBA outlooks collide.Australian Dollar trades little changed as hawkish Fed and RBA outlooks collide

U.S. Dollar Moves Away From Yearly Highs: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY.The American currency pulled back from yearly highs amid profit-taking.

Japanese Yen pares losses as US Dollar momentum fades despite hawkish Fed stance.Japanese Yen pares losses as US Dollar momentum fades despite hawkish Fed stance

Swiss Franc sinks by design, not by peace.Swiss Franc sinks by design, not by peace

New Zealand Dollar extends decline as Fed tightening expectations support US Dollar.New Zealand Dollar extends decline as Fed tightening expectations support US Dollar

British Pound rebounds as holiday-thinned trade slows USD bulls.British Pound rebounds as holiday-thinned trade slows USD bulls

Crude Oil has the right glut on the wrong calendar.Crude Oil has the right glut on the wrong calendar

Iran confirms Switzerland meeting with US was postponed, but MOU was signed digitally.Iran confirms Switzerland meeting with US was postponed, but MOU was signed digitally

Natural Gas News: Heat and LNG Demand Could Fuel Upside Breakout.Natural gas prices may be primed for a breakout as shrinking storage surpluses, strong LNG demand and rising summer heat tighten market balances.

Crude Oil Price Analysis – Crude Oil Quiet in Holiday Session.The light sweet crude oil market continues to try to find some type of bottom on Thursday, as we are also seeing less liquidity due to Juneteenth being celebrated in the USA.

Euro: Limited upside as policy diverges – Nordea.Euro: Limited upside as policy diverges – Nordea

Natural Gas Price Analysis – Natural Gas Quiet in Holiday Trading After Thursday Jump.Natural gas markets continue to be very choppy on Friday, as we are looking at this market trying to absorb the buying pressures from Thursday's inventory numbers. That being said, this is a market that is still weak.

Canada's Headline Inflation to Edge Higher as Core Remains Near Target.Canada's Consumer Price Index report for May on Monday will provide an updated reading on inflation trends following the Bank of Canada's decision to leave interest rates unchanged earlier this month.

Japanese Yen: Yield spreads keep pair elevated – Nordea.Japanese Yen: Yield spreads keep pair elevated – Nordea

Global data: Flash PMIs and inflation focus – Deutsche Bank.Global data: Flash PMIs and inflation focus – Deutsche Bank

United States Dollar: Fed stance and data keep support – Nordea.United States Dollar: Fed stance and data keep support – Nordea

Crude oil forecast: Hezbollah and Israel ceasefire could add further pressure on oil.Crude oil prices tumbled by around $2 from their earlier highs following news of a ceasefire agreement between Hezbollah and Israel, before bouncing back slightly to still hold in the positive territory at the time of writing. Prior to that, there had been some uncertainty in the oil market after Iran once again threatened to close the Strait of Hormuz, citing continued Israeli strikes against Hezbollah targets in Lebanon.

Canadian Dollar languishes near April 2025 low as weak Retail Sales and lower Oil prices weigh.Canadian Dollar languishes near April 2025 low as weak Retail Sales and lower Oil prices weigh

Weekly Focus – Reopening of Hormuz Amid Hawkish Fed.The main market mover this week was the signing of a memorandum of understanding to work towards a permanent peace deal between the US and Iran. The interim agreement ends all military actions and opens the Strait of Hormuz (SoH) while the two sides negotiate a final agreement in a “maximum” of 60 days.

FX Forecast Update – USD Strength to Extend Aided by the Fed Re-pricing.Since our last FX Forecast Update on 21 May, a resilient US labour market and signs of persistent underlying inflation have kept US monetary policy repricing at centre stage. At Kevin Warsh's first meeting as Fed Chair, rates were left unchanged, though the accompanying dot plot and communication revealed a shift toward a hiking bias, which in turn led to a repricing of USD rates.

USD/JPY, AUD/USD and NZD/USD Forecasts – US Dollar Continues to Control FX Markets.The US dollar continues to see buyers, but noisy behavior heading into the weekend.

"Israel and Hezbollah agree to a ceasefire," senior US official tells Reuters."Israel and Hezbollah agree to a ceasefire," senior US official tells Reuters

Russia Central Bank Reserves $: $729.3B vs previous $749.7B.Russia Central Bank Reserves $: $729.3B vs previous $749.7B

Dollar Dominates as Markets Ignore Japan Warnings and Look Past Iran Setback.Dollar strength remained the defining theme in currency markets on Friday, although gains slowed somewhat as US markets observed the Juneteenth holiday. Investors continued to digest the Federal Reserve's hawkish shift earlier this week, which revived expectations for another rate hike this year and left open the possibility of a second if inflation remains stubborn.

Canada Retail Sales Rise 0.6%, But Core Spending Remains Weak.Canada's retail sales rose 0.5% mom to CAD 73.0B in April, slightly below expectation of 0.6% mom, and marking a modest recovery in consumer spending. The increase was driven largely by higher sales at gasoline stations and fuel vendors, reflecting elevated fuel prices during the month.

Oil: Strait of Hormuz reopening steadies crude prices– UOB.Oil: Strait of Hormuz reopening steadies crude prices– UOB

British Pound: Pound hit by BoE hold and cautious outlook – UOB.British Pound: Pound hit by BoE hold and cautious outlook – UOB

Japanese Yen: Intervention risks rise on fresh highs – DBS.Japanese Yen: Intervention risks rise on fresh highs – DBS