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Pound Sterling Price News and Forecast: GBP/USD holds weekly gains as Fed hike doubts deepen
The British Pound steadied against the US Dollar on Friday, but it is poised to end the week with ga...
WTI Crude Oil advances on softer US jobs data and lingering Middle East tensions
West Texas Intermediate (WTI) trades around $68.65 at the time of writing on Friday, up 0.30% on the...
Oil Markets Grow Numb to U.S.-Iran Ceasefire Drama
Oil prices remain stuck in a tight range as traders look past geopolitical headlines and wait for cl...
China’s Return to the Oil Market Could Boost Inflation
The U.S.-Iran agreement to reopen the Strait of Hormuz could prompt China to return to buying more crude after months of multi-year-low purchases, which could reignite inflationary pressures despite t ...
Japanese Yen: Short positioning elevated into BoJ hike – MUFG
MUFG’s Lee Hardman observes that the Japanese Yen has not benefited from lower energy prices, with USD/JPY still above 160.00 ahead of the BoJ meeting.
US futures surge as Iran ceasefire deal sends oil tumbling and tech stocks flying
Ahead of the bell US stock futures surged on Monday after Washington and Tehran announced a ceasefire agreement that should reopen the Strait of Hormuz, sending oil prices sharply lower and lifting ri ...
USA Rare Earth commissions hydrometallurgical demonstration facility
At a glance: stocks gapping down premarket
Comtech shares jump following $157.5M sale of part of its Satellite & Space Communications segment.
SpaceX debut revives interest in post-IPO drawdowns
US Dollar: Weaker path after US-Iran deal – MUFG
MUFG’s Lee Hardman notes that the US Dollar has extended losses after the US and Iran reached an interim agreement to end conflict and reopen the Strait of Hormuz.
Oil Prices Slump to 3-Month Lows, Exxon and Chevron Stocks Fall After U.S., Iran Deal
Oil prices slumped to three-month lows of just above $80 a barrel early Monday after the U.S. and Iran reached an interim deal that includes plans to reopen the Strait of Hormuz. Exxon Mobil Chevron ...
Oil prices decline after U.S.-Iran agree to framework of peace deal
West Texas Intermediate and Brent crude fell after officials agreed to a 60-day ceasefire while final arrangements are being negotiated.
Depleted oil inventories still a concern even as Strait of Hormuz set to reopen
WTI falls below $79.00 to three-month lows
West Texas Intermediate (WTI) crude falls around 5%, reaching a three-month low of $78.60 per barrel on Monday. Crude oil prices declined to three-month lows on easing supply concerns following report ...