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Markets
EUR/USD fails to breach 1.1570 despite US Dollar’s weakness
The Euro (EUR) is trading higher against the US Dollar (USD) on Monday, favoured by a moderate improvement in market sentiment, amid news of a potential ceasefire in the Iran war.…
WTI Oil drifts below $102.00 amid hopes of a peace deal in Iran
US benchmark West Texas Intermediate Oil (WTI) depreciated about $5 from session highs on Monday, hitting lows near $101.00 per barrel, from $106.44 highs, weighed by news that the…
XAG/USD rebounds to near $73.50 on Middle East ceasefire odds
Silver price (XAG/USD) holds gains after recovering daily losses, trading around $73.30 per troy ounce during the European hours on Monday. Non-interest-bearing Silver finds…
Gold climbs toward $4,700 as weak USD offsets rate hike fears
Gold (XAU/USD) builds on its steady intraday ascent and climbs to the $4,700 neighborhood, or a fresh daily high during the first half of the European session on Monday. Bloomberg,…
US-Iran recieves plan to end hostilities, discuss two-tier deal
According to a Reuters report, a source aware of ceasefire proposals between the United States (US) and Iran has stated that both nations are discussing a two-tier deal that…
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…