Oil Sets the Tone, Central Banks Pick the Winners as Yen Surges and NZD Sinks

Today’s themes: Oil: Brent spiked to an intraday high of $97.04 before retreating, keeping inflation and yield risk elevated across markets without yet confirming a clear reversal. Yen: strongest major, combining a risk-aversion carry unwind with an independently more hawkish BoJ story, BoJ’s Takata called 2026 a rate-hike “regime change,” and Bessent reportedly pushed Japan […] The post Oil Sets the Tone, Central Banks Pick the Winners as Yen Surges and NZD Sinks appeared first on ActionForex.