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Saudi Arabia Plans Massive Expansion of Oil Pipeline to Bypass Hormuz
Saudi Arabia plans to raise the capacity of its East-West onshore oil pipeline that helps it bypass ...
Fed’s Waller: Trump is a threat to Fed independence
Federal Reserve (Fed) Governor Christopher Waller said in the Bloomberg New Economy Forum 2026 discu...
IMF Warns Middle East War Could Derail Global Economic Growth
The energy crisis sparked by the war in the Middle East remains the biggest risk for the global econ...
Japanese Yen flatlines above 159.00 as intervention fears counter US–Iran tensions
The USD/JPY pair trades on a flat note around 159.05 during the early Asian session on Wednesday. The potential upside for the pair might be limited amid intervention fears from Japanese authorities. ...
US President Donald Trump says US may strike Iran again if there’s no deal soon
US President Donald Trump threatened to resume attacks on Iran in “two or three days” as part of the push for a deal to end the war, after he said he had just called off a US attack, Bloomberg reporte ...
Fed's Paulson: Rate cuts require progress on inflation
Federal Reserve (Fed) Bank of Philadelphia President Anna Paulson said that she favored leaving interest rates unchanged and conditioned lower borrowing costs on making sustained progress on inflation ...
Gold falls below $4,500 on rising global rate hike bets
Gold price (XAU/USD) faces some selling pressure near $4,480 during the early Asian session on Wednesday. The precious metal drops to its lowest since March 30 as persistent inflation fears keep inter ...
WTI Crude Oil claws back the Hormuz premium Trump tried to cancel
The Crude Oil market spent Tuesday teaching the headline writers a lesson.
Pound Sterling clings to long-term support as UK labour data muddies the BoE call
Tuesday handed the Pound a labour market reading that was mixed enough to satisfy nobody.
Australian Dollar slips as RBA minutes get drowned out
The Aussie's Tuesday slide had little to do with anything domestic.
NZD/USD weakens amid strong US labor data and Trump’s Iran comments
The NZD/USD pair falls toward the 0.5830 region on Wednesday as the United States (US) Dollar (USD) strengthens following upbeat labor-market data and renewed tensions linked to Iran.
Euro dives as US yields overpower ECB hike bets
EUR/USD drops near 1.1600 on Tuesday as the Greenback recovers some ground, supported by soaring US Treasury yields, even though ECB officials opened the door to rate hikes at the June meeting. The pa ...
Japanese Yen leaks lower as the BoJ keeps pretending nothing is wrong
The Yen's slow drift back toward 160.00 has the feel of a market that has stopped waiting.
United States API Weekly Crude Oil Stock registered at -9.1M, below expectations (-3.4M) in May 15
United States API Weekly Crude Oil Stock registered at -9.1M, below expectations (-3.4M) in May 15
Forex Today: US Dollar rallies on strong ADP jobs data and Trump’s Iran remarks
The US Dollar Index (DXY) strengthens toward the 99.30 region after the latest ADP employment report showed US private employers added 42,250 jobs on average over the previous four weeks, marking the ...