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Silver falls to near $89.00 amid US Dollar strength
Silver price (XAG/USD) retreats to near $89.25 during the early Asian session on Tuesday. The white metal faces significant volatility amid escalaring tensions in the Middle East…
WTI nears multi-month high as Hormuz closure fuels supply concerns
West Texas Intermediate (WTI) US Crude Oil prices reverse a modest Asian session dip to the $70.00 neighborhood and climbs to the $71.70-$71.75 region in the last hour. The…
Iran says will attack any ship trying to pass through Strait of Hormuz — Reuters
A commander in Iran’s Revolutionary Guard Corps (IRGC) said that the Strait of Hormuz is closed and Iran will fire on any ship trying to pass, Reuters reported on Tuesday."The…
Japanese Yen weakens below 157.50 on upbeat US data, BoJ’s Ueda speech in focus
The USD/JPY pair jumps to a near three-week high of 157.35 during the early Asian session on Tuesday. The US Dollar (USD) strengthens against the Japanese Yen (JPY) on the…
Surges toward YTD high near 112.00
The AUD/JPY recovers from earlier losses, advances some 0.38% on Tuesday even though risk aversion is ruling the financial markets as tensions in the Middle East had risen. Hawkish…
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Swiss Franc surges to decade highs against the Euro before SNB threats cool CHF markets
The Swiss Franc (CHF) was the standout safe-haven performer on early Monday trading, rallying sharply against the Euro (EUR) and most major currencies as the US-Israeli military…
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Bullish engulfing pattern puts 211.00 in play
GBP/JPY rises during the North American session up by 0.24% after recoverying from hitting daily lows of 209.35 amid risk aversion spurred by the Middle East conflict between the…