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British Pound gains ground above 1.3450 on US–Iran progress

The GBP/USD pair gains traction to near 1.3480 during the early Asian session on Monday. The US Dollar (USD) weakens against the British Pound (GBP) as the United States (US) and Iran signal peace pro ...

Silver Price Forecast: XAG/USD holds gains near $78.50 on US-Iran deal optimism

Silver price (XAG/USD) rises nearly 4% after registering losses in the previous day, trading around $78.50 per troy ounce during the Asian hours on Monday.

Canadian Dollar edges higher vs USD; Oil slump cap gains amid Iran peace deal hopes

The USD/CAD pair kicks off the new week on a weaker note, eroding a part of Friday's strong gains to the 1.3825 region, or the highest level since April 13. Spot prices, however, lack follow-through s ...

Oil Prices Plunge Below $100 on Iran Deal Optimism

Oil prices plunged in early Asian trade on Monday following reports over the weekend that a deal to reopen the Strait of Hormuz was in its final stages. At the time of writing, both oil benchmarks had ...

Market Crash? My Favorite Growth Stock to Buy Right Now.

The market continues to misread MercadoLibre, and this oversight could benefit investors over time.

Japanese Yen edges higher to near 159.00 as US, Iran signal peace progress

The USD/JPY pair declines to near 158.90 during the early Asian session on Monday. Progress in talks between the United States (US) and Iran to bring an end to the Middle East conflict drags the US Do ...

Lagarde speech: ECB set to upgrade its inflation forecast in June

In an Italian talkshow Che Tempo Che Fa on Sunday, the European Central Bank (ECB) President Christine Lagarde said that the central bank is likely to raise the inflation forecast at its monetary poli ...

Gold climbs above $4,550 on US‑Iran deal hopes

Gold price (XAU/USD) rises to near $4,570 during the early Asian trading hours on Monday. The precious metal attracts some buyers on weaker US Dollar (USD) after the reports that the United States (US ...

European Gas Storage Can’t Survive 3 More Months of Hormuz

Europe could face a critical shortfall in natural gas stocks if shipping disruptions through the Strait of Hormuz persist for another 1-3 months, senior executives at Norwegian energy giant, Equinor A ...

WTI tumbles 5% on renewed hopes of the Strait of Hormuz reopening

West Texas Intermediate (WTI) – the US oil benchmark – has witnessed a steep bearish opening gap on Monday, now losing nearly 5%, on its way to surrendering the $90 threshold.

Euro gathers strength to near 1.1650 on US-Iran peace progress

The EUR/USD pair gathers strength to around 1.1640 during the early Asian session on Monday. The Euro (EUR) edges higher against the US Dollar (USD) as US-Iran peace deal hopes improve risk sentiment.

Oil slides, stocks rise as markets bet on Hormuz breakthrough