Japan Jibun Bank Services PMI below expectations (51.2) in April: Actual (51)

May 8, 2026

EUR/USD edges higher above 1.1700 on US-Iran peace optimism, US NFP data looms

The EUR/USD pair posts modest gains around 1.1730 during the early Asian session on Monday, supported by growing optimism surrounding a potential US-Iran peace deal. Markets might turn cautious later in the day ahead of the highly-anticipated US Nonfarm Payrolls (NFP) report for April.

WTI falls to near $93.50 after Israel, Iran signal an end to hostilities

West Texas Intermediate (WTI) oil price loses ground after registering modest gains in the previous day, trading around $93.70 per barrel during the Asian hours on Friday.