Canada Imposes 10% Tariff on Canned Vegetable Imports to Protect Domestic Industry 
Japan Signals Readiness to Intervene as USD/JPY Nears 161 Amid Yen Weakness 
Oil Prices Steady as U.S.-Iran Truce Uncertainty and Middle East Tensions Keep Markets on Edge 
US Stock Futures Jump on Reports of Preliminary US-Iran Peace Deal Despite Fed’s Hawkish Outlook 
Trump and Iran Sign Framework Peace Deal in France Amid Ongoing Middle East Tensions 
Oil Prices Slide as U.S.-Iran Deal and Hormuz Reopening Ease Supply Concerns 
Europe EV Demand Surges as Fuel Prices Rise Amid Iran Conflict 
Asian Stocks Advance as Nikkei Nears Record High Ahead of Fed Decision 
German Industry Employment Falls to Lowest Level in a Decade 
Asian Stocks Rally as Japan and South Korea Reach Record Highs on US-Iran Peace Deal 
Oil Prices Drop as U.S.-Iran Peace Deal Eases Supply Concerns 
Gold Prices Rebound on U.S.-Iran Peace Deal Optimism Despite Fed Rate Hike Signals 
Oil Prices Ease as Markets Weigh U.S.-Iran Peace Deal and Strait of Hormuz Reopening 
Australia Eases Capital Gains Tax Reforms to Support Small Businesses and Startups 
Canada, British Columbia Launch $5 Billion Infrastructure Partnership to Boost Housing, Transit, and Healthcare 
Fed Chair Kevin Warsh Signals Policy Overhaul as Hawkish Rate Outlook Rattles Markets 
Japan Inflation Stays Below BOJ Target Despite Rate Hike and Rising Energy Cost Risks 
The U.S. dollar slipped on Wednesday as investors shifted away from safe-haven assets and moved toward riskier investments following renewed optimism over a possible peace agreement between Washington and Tehran. The decline came as reports suggested the White House and Iran were nearing a framework agreement that could ease tensions in the Middle East and reduce pressure on global oil markets.
The U.S. Dollar Index, which measures the greenback against a basket of major currencies, fell by 0.4% to 98.05. Market sentiment improved after reports indicated that both nations were discussing a temporary nuclear agreement that could eventually lead to sanctions relief and the release of frozen Iranian assets. Investors also reacted positively to signs that restrictions surrounding the Strait of Hormuz may be eased, helping calm fears over disruptions to global oil supplies.
President Donald Trump stated that if Iran accepts the proposed terms, tensions could significantly decline and commercial transit through the Strait of Hormuz would reopen fully. However, he warned that military action could intensify if negotiations fail. The developments pushed oil prices slightly lower, although prices remain elevated compared to pre-conflict levels. Analysts believe lower oil prices could weaken the dollar further by reducing the United States’ relative economic advantage in energy markets.
Meanwhile, the Japanese yen strengthened sharply against the dollar as traders anticipated possible currency intervention by Japanese authorities. The yen gained nearly 1%, with investors believing Tokyo may step in again to prevent the USD/JPY pair from rising above the key 160 level. Japanese officials have repeatedly warned against excessive currency speculation in recent weeks.
Elsewhere, the euro and British pound also posted gains against the dollar, while the Australian dollar climbed after Australia’s central bank raised interest rates for a third consecutive meeting.
