Rabobank strategists highlight that Brent Oil prices are down on screens even as the US blockade of Hormuz, combined with Iran’s actions, threatens prolonged disruption. They warn that refinery feedstock is running out, airlines like Qantas are … [Continue reading]
EUR/USD climbs to 1.1765-1.1770, highest since March as Iran diplomacy hopes undermine USD
The EUR/USD pair is seen building on the previous day's strong intraday move up of over 100 pips and gaining some follow-through traction during the Asian session on Tuesday. This marks the eighth straight day of a positive move and lifts spot prices … [Continue reading]
EUR/USD extends gains as Dollar slides to fresh six-week lows now
EUR/USD extended its gains on Monday as market mood improved, weighing on the US Dollar, which fell to six-week lows near 98.36 according to the US Dollar Index (DXY). At the time of writing, the pair trades at 1.1757, up 0.32%.Euro draws support … [Continue reading]
Dow Jones Industrial Average edges lower as Goldman drags, Crude Oil climbs back over $100
The Dow Jones Industrial Average (DJIA) edged lower on Monday, slipping around 50 points to trade near 47,900 after recovering from a much steeper drop at the open. The S&P 500 rose 0.2% to trade above 6,800, while the Nasdaq Composite gained … [Continue reading]
Canada Building Permits (MoM) registered at -8.4%, below expectations (-0.5%) in February
Gold rebounds from the $4,633-$4,632 area, a four-day trough touched during the Asian session on Monday, but stays in nehative territory at around $4,700. Rising crude Oil prices after the US and Iran failed to reach a deal in the first round of … [Continue reading]
EUR/GBP Price Forecast: Euro hesitates around 0.8700 amid cautious markets
EUR/USD remains trapped within a tight range between 0.8695 and 0.8725.Higher Oil prices are keeping Euro upside attempts limited on Monday.On Wednesday, BoE's Bailey and ECB's lagarde might give a fresh impulse to the pair.The Euro (EUR) shows a … [Continue reading]
WTI Price Forecast: Rallies to $98 as Trump aims to blockade Hormuz
West Texas Intermediate (WTI), futures on NYMEX, trade 7.6% higher to near $98.00 during the Asian trading session on Monday. The oil price rises after a warning from United States (US) President Donald Trump, through a post on Truth.Social, that he … [Continue reading]
US President Trump considers limited strikes on Iran after talks collapse – WSJ
Citing officials and people familiar with the situation, the Wall Street Journal (WSJ) reported on Monday that White House advisers are considering resuming limited military strikes in Iran along with the US blockade of the Strait of Hormuz as a way … [Continue reading]
Government officials, crypto leaders rally behind CLARITY Act passage ahead of Congress’s resumption
US government officials and leading crypto industry figures are intensifying calls for Congress to advance the Digital Asset Market Clarity Act of 2025, as lawmakers prepare to resume full legislative activity next week.The CLARITY bill seeks to … [Continue reading]
Ethereum Price Forecast: Increased derivatives demand spurred ETH’s rise after US-Iran ceasefire
Ethereum price today: $2,230Ethereum's open interest spiked by $2.2 billion following the US-Iran ceasefire.Buyers are dominating the ETH futures market following a sustained upward tilt in the Taker Buy-Sell Ratio.ETH has recovered the $2,210 level … [Continue reading]