Canadian Dollar strengthens as Iran–US tensions lift crude oil prices.Canadian Dollar strengthens as Iran–US tensions lift crude oil prices

USD/JPY Outlook: Testing the MoF Zone as Intervention Risk Intensifies.USD/JPY finds itself back testing the zone Japan's Ministry of Finance (MoF) has likely instructed the Bank of Japan (BOJ) to intervene in, following the initial episode last Thursday that saw the pair dump from above 160 to below 156 in rapid fashion.

Australia April Services PMI (final) 50.7 (preliminary 50.3, prior 46.3).Still to come later, the Reserve Bank of Australia decision, due at 0430 GMT / 0030 US Eastern time. Governor Bullock will spaeak an hour later:

Australia S&P Global Composite PMI above forecasts (50.1) in April: Actual (50.4).Australia S&P Global Composite PMI above forecasts (50.1) in April: Actual (50.4)

Australia S&P Global Services PMI came in at 50.7, above forecasts (50.3) in April.Australia S&P Global Services PMI came in at 50.7, above forecasts (50.3) in April

GBP/JPY Price Forecast: To consolidate after testing  the 100-day SMA.GBP/JPY Price Forecast: To consolidate after testing  the 100-day SMA

Crude Oil rallies on fresh missile strikes, can Brent reach $115?.Crude Oil rallies on fresh missile strikes, can Brent reach $115?

Reminder, Japanese and mainland China markets are close again today, Tuesday, May 5, 2026.Thin trading in the yen makes it more responsive to intervention efforts. Its has some spikey movies.

USD/JPY churns near 157.00 after the BoJ's FX intervention shock.USD/JPY churns near 157.00 after the BoJ's FX intervention shock

Trading Day: The oil, bonds tango.Oil prices jumped further above the $100-a-barrel mark on Monday as Iran controls the Strait of Hormuz, despite U.S. efforts to free up shipping, pushing U.S. Treasury yields higher and dragging stocks lower.

China: Blocking rule reshapes risk calculus – MUFG.China: Blocking rule reshapes risk calculus – MUFG

Natural Gas News: Short-Covering Rally or Trap? Market Analysis and Chart Levels.Natural gas futures rise today, but bearish market trend holds as inventory stays high. Analysis points to weak forecast despite lower production and steady LNG demand.

Natural Gas Price Forecast: Breakout Tests Key Resistance Zones.Natural gas extends its falling wedge breakout rally into key resistance, with moving averages and prior trend lines shaping whether upside continuation or pullback develops next.

Are Commodities Just One Month Away from a Major Supply Shock?.The world may be less than one month away from a major Commodity crunch point and most traders are still dangerously under-positioned.

IMF says worst-case global economy warning is now the working assumption - oil shock hit.IMF chief Georgieva has abandoned the fund's mild slowdown forecast, warning that if the Middle East war continues into 2027 with oil at $125 a barrel, a "much worse" global economic outcome must be expected.

Indonesia: Stable inflation outlook with oil risks – UOB.Indonesia: Stable inflation outlook with oil risks – UOB

ECB's Nagel: June rate hike may be warranted if the inflation outlook does not improve.ECB's Nagel: June rate hike may be warranted if the inflation outlook does not improve

Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Rallies As Iran Strikes A Petroleum Complex In Fujairah.Oil prices soar as traders focus on escalation in the Middle East.

Fed's Williams: Inflation likely to be 3% this year.Fed's Williams: Inflation likely to be 3% this year

China: Oil shock seen contained – Standard Chartered.China: Oil shock seen contained – Standard Chartered

Oil surges as Iran strikes UAE and Hormuz risks fuel supply fears.Oil surges as Iran strikes UAE and Hormuz risks fuel supply fears

Netherlands: Stockpiling supports manufacturing growth – ABN Amro.Netherlands: Stockpiling supports manufacturing growth – ABN Amro

Canada: Trade and jobs seen subdued – TD Securities.Canada: Trade and jobs seen subdued – TD Securities

U.S. Dollar Gains Ground Amid Rising Tensions In the Middle East: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY.Rising demand for safe-haven assets provided support to the American currency.

Eurozone: Higher inflation and ECB hikes support Euro – BNP Paribas.Eurozone: Higher inflation and ECB hikes support Euro – BNP Paribas

USD/JPY Analysis: Can the Yen Continue Gaining Strength?.Recent sessions have been marked by heightened volatility in USD/JPY, as the pair has posted a decline of more than 2.11% on average over the last three trading days, reflecting a notable bearish bias that had not been seen in several months and highlighting a meaningful recovery in favor of the Japanese yen.

Japan's Katayama says Japan will take "decisive action" against speculative FX moves.Japan's Katayama says Japan will take "decisive action" against speculative FX moves

Turkey: Disinflation risks rise with energy shock – ING.Turkey: Disinflation risks rise with energy shock – ING

A Currency Intervention - Japan Imploding?.To add Benzinga News as your preferred source on Google, click here. Years ago, a massive money printer emerged out of Japan.

USD/JPY steadies after suspected Japan intervention amid safe-haven Dollar demand.USD/JPY steadies after suspected Japan intervention amid safe-haven Dollar demand