Daily Forex Analysis

Global markets remained under pressure on Tuesday as expectations for tighter Federal Reserve policy outweighed optimism surrounding progress in U.S.–Iran negotiations. 

Global markets began the week on a steadier note as reports of a potential 60-day U.S.–Iran peace roadmap eased concerns over energy supply disruptions and pushed oil prices lower. 

Markets remained defensive on Friday as the Federal Reserve’s hawkish outlook continued to strengthen the U.S. dollar and weigh on precious metals and major currencies. 

Global markets turned cautious on Thursday after a hawkish Federal Reserve meeting sparked a broad rebound in the U.S. dollar and Treasury yields.

Global markets extended their recovery on Wednesday as optimism surrounding the upcoming U.S.–Iran peace agreement increased risk appetite and eased inflation concerns. 

Global markets remained relatively stable on Tuesday as investors assessed the impact of the newly ratified U.S.–Iran peace agreement and prepared for key central bank decisions. 

Global markets started the week on a positive note after the formal U.S.–Iran peace agreement eased geopolitical tensions and reduced inflation concerns. 

Markets ended the week focused on central bank policy and geopolitical developments as the ECB delivered its expected rate hike while investors assessed the outlook for further tightening.