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WTI eases below $103.50 as US, Iran reportedly seeking 45-day ceasefire
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $103.30 during the early European trading hours on Monday. The WTI price retreats after reports that…
Canadian Dollar strengthens on US–Iran ceasefire hopes
The USD/CAD pair declines to around 1.3940 during the early European trading hours on Monday. The US Dollar (USD) edges lower against the Canadian Dollar (CAD) after reports that…
US, Iran discuss 45-day ceasefire as mediators push for deal ahead of deadline
The United States (US), Iran and regional mediators are discussing terms for a possible 45-day ceasefire that could lead to an end of fighting, Bloomberg reported on Monday, citing…
EUR/JPY remains below 184.00 as traders price in BoJ rate hike odds
EUR/JPY moves little after registering modest losses in the previous trading day, hovering around 183.80 during the Asian hours on Monday. The currency cross may extend its decline…
US Dollar Index strengthens above 100.00 on upbeat US NFP, geopolitical risks
The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, currently trades near 100.25 during the Asian trading…
Canadian Dollar stays weak vs firm USD as bullish oil limits losses
The USD/CAD pair attracts some buyers for the third consecutive day on Monday and trades just below mid-1.3900s during the Asian session, well within striking distance of a nearly…
Australian Dollar softens on strong US jobs data, Middle East tensions
The AUD/USD pair extends the decline to near 0.6885 during the early Asian session on Monday. The US Dollar (USD) strengthens against the Australian Dollar (AUD) amid…
Japanese Yen holds steady amid US-Iran tensions
The USD/JPY pair trades on a flat note near 159.65 during the early Asian session on Monday. The pair steadies as traders continue to assess the developments surrounding the…
Open the Strait of you’ll be living in hell
United States President Donald Trump has threatened to destroy Iran if they do not reopen the Strait of Hormuz before the deadline, in a post shared on Truth Social.Tuesday will be…
NZD/USD hovers above mid-term lows at 0.5700 with US NFP on tap
The New Zealand Dollar (NZD) is showing the weakest performance among major currencies in an otherwise calm Good Friday session, with most markets closed on bank holidays. The Kiwi…