Pound climbs to pre-war levels as Iran talks boost markets.The British pound strengthened against a softer US dollar on Tuesday, reaching levels last seen before the Iran conflict, as investors grew hopeful about a potential resolution to tensions. Sterling rose 0.33% to $1.3548, marking a return to levels recorded just before the conflict escalated in late February.

Crude Oil, Indices Price Outlook: Technicals Lead, Fundamentals Lag.Technicals are leading while fundamentals lag, as global indices erase Middle East conflict losses, even as US-Iran negotiations remain ongoing and macro risks persist.

investingLive European FX news wrap: Markets in risk-on mode amid US-Iran optimism.It's been a pretty boring session in terms of news and data releases. The only data we got were the final Spanish CPI and the US NFIB Small Business Optimism Index.

USD/JPY forecast: Technical Tuesday | April 14, 2026.Markets were very eager to pile into the de-escalation narrative, and even the faintest hint that the US Hormuz blockade might be nudging things back toward talks has been enough to put crude oil, and the dollar, under a fair bit of pressure, providing relief for risk assets. Trump's remark that Iran had reached out to restart negotiations only added fuel to the move, prompting another round of dollar selling.

Investors size up landmark new chapter for Hungary post-Orban.Investors are banking on a positive new chapter for Hungary as incoming Prime Minister Peter Magyar insists there is no time to waste following his resounding defeat of Viktor Orban - provided he can stick to his plans.

Optimism Weighs on the Greenback.North American participants shrugged off the pessimism seen in Asia Pacific and Europe yesterday after the US-Iran negotiations broke down over the weekend. The optimism was contagious and reports that another round of negotiations are being contemplated during the ceasefire that expires next week.

Sterling back to pre-war levels amid hopes for Iran conflict resolution.The British pound rose against a slightly weaker U.S. dollar on Tuesday, trading at levels last seen before the Iran war as markets hoped for a resolution ​to the conflict.

Markets Wobble After Fruitless Talks.The second week of April in the financial markets was influenced mostly by the 2-week ceasefire between the US and Iran, which was perceived positively by markets.

Germany 5-y Note Auction up to 2.74% from previous 2.72%.Germany 5-y Note Auction up to 2.74% from previous 2.72%

USD: Inflation data and energy pressures – Rabobank.USD: Inflation data and energy pressures – Rabobank

AUD: Diesel supply risks and export exposure – Commerzbank.AUD: Diesel supply risks and export exposure – Commerzbank

Natural Gas: Key Support Amid Renewed Escalation.A key development on 13 April was the start of a naval blockade of Iranian ports, a direct consequence of the collapse of negotiations in Islamabad on 12 April. The blockade covers all vessels entering and leaving Iranian ports in the Persian Gulf and the Gulf of Oman.

ECB seeks bigger say on banks' capital requirements.The European Central Bank urged European lawmakers on Tuesday to give it a bigger ​say on banks' overall capital requirements, including ‌those set by national authorities, in a bid to identify overlaps and blind spots.

JPY: April hike risk and policy lag – OCBC.JPY: April hike risk and policy lag – OCBC

Natural Gas and Oil Forecast: WTI Jumps 8% as Hormuz Risks Return – $110 Next?.WTI Crude rocketed 8% as failed US-Iran talks and naval blockade threats reignite supply fears. Discover why the $100 psychological level remains a major hurdle.

EUR/JPY Price Forecast: Remains close to near 187.50, fresh record highs.EUR/JPY Price Forecast: Remains close to near 187.50, fresh record highs

First Light News: One Strait, Two Blockades.The US blockade restricts shipping from the Strait to Tehran, targeting shipments carrying Iranian oil.

USD/JPY: Yen pressured as BoJ delay seen – MUFG.USD/JPY: Yen pressured as BoJ delay seen – MUFG

Three tankers were said to pass through the Strait of Hormuz on first day of US blockade.The report is from earlier today with it noting that there were three tankers that entered the Gulf via the Strait of Hormuz on the first day of the US naval blockade. It is believed that the three vessels were not heading to Iranian ports, so they were not stopped by the blockade that was put in place.

ECB's Rehn: Slowing green transition due to war would be 'serious mistake'.The Middle East war highlights how vital the green transition ​in energy is for Europe's ‌resilience and competitiveness, European Central Bank policymaker Olli Rehn said on Tuesday.

Australian Dollar underperforms as RBA's Hauser warns of stagflation.Australian Dollar underperforms as RBA's Hauser warns of stagflation

GBP/JPY holds steady near its highest since July 2008; bulls retain control above 215.00.GBP/JPY holds steady near its highest since July 2008; bulls retain control above 215.00

European Currencies Advance Amid Shifting Geopolitical Outlook.The initial rise in EUR/USD and GBP/USD was driven by reports of a temporary ceasefire between the United States and Iran, which reduced demand for the US dollar as a safe-haven asset. However, over the weekend, reports emerged that negotiations had stalled, leading to a bearish gap at the start of the new trading week.

Fed: Flat curve and data-dependent rate cuts – BNY.Fed: Flat curve and data-dependent rate cuts – BNY

US and Iran negotiations teams reportedly set to return to Islamabad for talks this week.The market mood continues to pick up on headlines like these. The dollar is slipping lower across the board while stocks in Europe are kick starting the day on a more positive note.

WTI Price Forecast: Holds key support level of $90.00 amid US-Iran optimism.WTI Price Forecast: Holds key support level of $90.00 amid US-Iran optimism

Dollar Selloff Resumes as Markets Price Second Round of US-Iran Talks, War Premium Unwinds.Dollar is under broad selling pressure today, giving back its war premium as markets pivot back to diplomacy. Yesterday's pessimism is already being unwound, with traders reassessing the outcome of the US-Iran talks in Islamabad.

Oil: Supply shock risks with Hormuz crisis – Rabobank.Oil: Supply shock risks with Hormuz crisis – Rabobank

Headlines Around the Middle East Continue Determining Trading.The US started its own naval blockade of the Straight of Hormuz in an “open-for-all or close-to-all” policy. The move came after collapsed weekend talks between the US and Iran.

Chinese Tanker Passes the Strait Despite Blockade.For market events, the US releases PPI in the afternoon, where the upwards pressure from February is expected to continue. Markets estimate PPI to increase 1.1% m/m SA, an increase from the already surprisingly high February figures of 0.7% m/m SA, as cost pressures from the oil supply shock continues.