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EUR/USD recovers some early losses driven by rising energy prices amid US-Iran war
The EUR/USD pair claws back some of its early losses during the late Asian trading session on Monday, but is still 0.25% down to near 1.1780.Earlier in the day, the Euro (EUR)…
US Treasury yields edge higher on rising oil prices, inflation fears mount
US Treasury bond yields edge higher during the Asian trading hours on Monday. The benchmark 10-year Treasury yield rises by 75 basis points (bps) to 3.98%, while the 30-year…
Asian markets plummets as investors shift to safe-haven fleet amid US-Iran war
Asian stock markets plunge sharply at the start of the week. Equity markets across Asia are facing the heat of brutal war between the United States (US) and Iran, which started…
Israel strikes Beirut after Hezbollah launches rocket attack
Israeli strikes were launched at Beirut's southern suburbs on Monday as Hezbollah said it fired rockets and drones toward Israel in retaliation for the death of Iranian Supreme…
WTI jumps above $70.50 on fears of Iran supply disruption
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $70.65 during the early European trading hours on Friday. The WTI jumps to its highest since June 2025…
New Zealand Dollar slumps to near 0.5950 as Middle East conflict boosts US Dollar
The NZD/USD pair tumbles to near 0.5955 during the early Asian session on Monday, pressured by a stronger US Dollar (USD). Escalating tensions in the Middle East weigh on the…
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Pound Sterling declines below 1.3450 on Middle East tensions, UK political uncertainty
The GBP/USD pair attracts some sellers to around 1.3420 during the early Asian session on Monday. The US Dollar (USD) edges higher against the Cable amid escalating tensions in the…
No vessels are permitted to cross the Strait of Hormuz – Reuters
Citing a Tehran Times post on X, Reuters reported on Sunday that the Islamic Revolutionary Guard Corps (IRGC) Navy announced via VHF radio that no vessels are permitted to cross…