Russia Stocks End Flat as MOEX Index Hits New 52-Week Low; Gold Falls and Oil Mixed 
Japan Inflation Stays Below BOJ Target Despite Rate Hike and Rising Energy Cost Risks 
Oil Prices Drop as U.S.-Iran Peace Deal Eases Supply Concerns 
Asian Stocks Surge as Oil Prices Fall and Strong US Dollar Weighs on Markets 
China’s AI Manufacturing Boom Masks Weak Consumer Economy, Citi Says 
Dollar Hits One-Month High as Hawkish Fed Outlook Boosts Greenback 
Australia Eases Capital Gains Tax Reforms to Support Small Businesses and Startups 
Fed Chair Kevin Warsh Signals Policy Overhaul as Hawkish Rate Outlook Rattles Markets 
Gold Prices Slide as Hawkish Fed and Strong Dollar Weigh on Bullion 
Oil Prices Steady as U.S.-Iran Truce Uncertainty and Middle East Tensions Keep Markets on Edge 
German Auto Suppliers Turn Bearish as Investment and Jobs Shift Overseas 
Gold Prices Rebound on U.S.-Iran Peace Deal Optimism Despite Fed Rate Hike Signals 
Japan Signals Readiness to Intervene as USD/JPY Nears 161 Amid Yen Weakness 
Yen Near 40-Year Lows Despite BOJ Rate Hike, Markets Brace for Possible Intervention 
Canada, British Columbia Launch $5 Billion Infrastructure Partnership to Boost Housing, Transit, and Healthcare 
Europe EV Demand Surges as Fuel Prices Rise Amid Iran Conflict 
Italy’s Economy Outpaces Eurozone Peers as Investment Spending Fuels Growth 
The U.S. dollar headed for a second consecutive weekly decline as escalating geopolitical tensions and renewed tariff threats weighed on investor confidence and reduced demand for U.S. assets. The dollar index (DXY), a key gauge of the greenback against a basket of major currencies, remained under pressure despite a modest rebound late in the week.
Market sentiment deteriorated after the White House confirmed that President Donald Trump signed an executive order targeting countries that supply oil to Cuba, raising fears of broader trade disruptions. These tariff threats added to existing global strains involving Iran, Venezuela, Greenland, and Europe, all of which have unsettled foreign exchange markets.
Concerns intensified following reports that Trump is considering targeted military strikes against Iran. The possibility of conflict pushed oil prices higher and further weakened the U.S. dollar, as investors moved away from risk-sensitive U.S. assets. Analysts noted that geopolitical uncertainty has become a key driver behind the recent dollar slide.
On Friday, the dollar index edged up 0.2% to 96.35, trimming its weekly loss to around 1.1%, though it remained near multi-year lows. Earlier in the week, the dollar touched a four-year low after Trump appeared unconcerned about currency weakness. Some stability returned after Treasury Secretary Scott Bessent reiterated Washington’s commitment to a strong-dollar policy.
In currency markets, the euro slipped 0.2% to $1.194, while the Japanese yen weakened to 153.39 per dollar. Sterling also eased to $1.3791. A softer dollar has offered limited relief to the yen, which has hovered in the 152–154 range amid speculation about potential intervention by U.S. and Japanese authorities.
The Federal Reserve provided mild support to the greenback after holding interest rates steady, with Chair Jerome Powell citing a resilient U.S. economy and easing inflation risks. In Japan, Tokyo inflation data showed core consumer prices rising 2% year-on-year, aligning with the central bank’s target.
Elsewhere, the Australian and New Zealand dollars both slipped against the U.S. dollar. In cryptocurrencies, bitcoin and ether posted small declines, reflecting cautious risk sentiment across global markets.
