Dollar hands back some gains ahead of Trump-Putin summit

GBP/JPY is taking a breather after several straight sessions of gains! Are we seeing a trend pullback? Or the start of a longer-term bearish reversal? We’re zooming in on the 4-hour time frame for more clues: GBP/JPY 4-hour Forex Chart by TradingView The British pound traded mixed on Wednesday as risk sentiment grew shaky, with…

By Tom Westbrook and Amanda Cooper SINGAPORE/LONDON (Reuters) -The dollar held steady on Monday, but was set for its first monthly loss this year, as investors were focused on U.S., European and Japanese inflation data to guide the global interest rate outlook. Foreign exchange trade has been dominated by the hunt for “carry” in recent…

Key takeaways Nikkei 225 is leading global equity performance in early 2026, rising 7.9% YTD and outperforming major US indices, supported by improving domestic macro conditions and resilience despite concerns over rising JGB yields. Fundamentals remain a key tailwind, with Japan’s Citigroup Earnings Revision Index hitting a one-year high, signaling improving corporate earnings expectations versus…

FUNDAMENTAL OVERVIEW Oil prices surged yesterday after early reports suggested the third round of US–Iran talks had broken down, with Iran reportedly rejecting US demands. Later in the day, however, new headlines indicated that the discussions had actually made significant progress and that another round was scheduled for next week. The prices pulled back on…