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Chinese Refiners Snap Up Iraqi Oil as Gulf Supply Routes Fracture
Chinese refiners are buying Iraqi crude, with recent purchases of 8 million barrels of Basrah Heavy ...
United States Dollar Index weakens below 99.00 on Fed repricing, Treasury bond buybacks
The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of...
Asian equities rally; KOSPI leads gains as US Treasury support counters Fed/Iran risks
Asian equities advanced on Thursday, with South Korea's KOSPI surging nearly 6% intraday amid a more...
Oil: US-Iran progress weighs on prices – Commerzbank
Commerzbank reports that diplomatic progress in US-Iran talks has pressured Oil, with Brent falling to USD 77.90 and WTI also lower. A 60‑day US license allows Iran to sell crude internationally, and ...
United States Dollar Index hovers around 101.00 ahead of US PMI data
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, holds gains near a 13-month high of 101.13, reached on June 19, during the early European hours ...
Forex Today: US Dollar stays resilient ahead of key PMI data
Here is what you need to know on Tuesday, June 23:
Japanese Yen: Downside bias as BoJ lags Fed – MUFG
MUFG’s Michael Wan notes that the US Dollar (USD) is edging stronger, with USD/JPY moving closer to 162.00 as Asian currencies weaken in an orderly fashion. He highlights a sharp intraday move in the ...
WTI slumps below $73.00 as traders continue to watch US-Iran peace talks
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $72.75 during the early European trading hours on Tuesday. The WTI price falls to the lowest level since early March as tra ...
NZD/USD Price Forecast: Kiwi tests YTD lows at 0.5683 in cautious markets
The New Zealand Dollar (NZD) extends losses against the US Dollar (USD) for the fifth consecutive day on Tuesday, reaching levels sub-0.5700, and approaching year-to date lows, at 0.5683.
France Business Climate in Manufacturing below expectations (101) in June: Actual (100)
France Business Climate in Manufacturing below expectations (101) in June: Actual (100)
Euro: Rate spread pressure EUR against US Dollar – Danske Bank
Danske Research Team notes that EUR/USD started the week under pressure as widening interest rate differentials favor the US Dollar over the Euro.
AUD/USD Price Forecast: Tests descending channel bottom around 0.6950
AUD/USD continues its losing streak for the sixth consecutive day, trading around 0.6960 during the Asian hours on Tuesday. The technical analysis of the daily chart shows the pair remaining within th ...
GBP/USD Price Forecast: Bearish bias persists as pair tests Symmetrical Triangle breakdown zone
The British Pound (GBP) trades slightly lower against its major currency peers during the European trading session on Tuesday, but remains firm against Asia-Pacific currencies.
British Pound: Range trading with downside risk against US Dollar – UOB
United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann note that GBP/USD closed little changed at 1.3250 after intraday swings, leaving momentum broadly flat and favoring near-term range trading ...
AI boom and HBM demand to boost Micron's DRAM revenues in Q3
Micron Technology, Inc. (MU) is set to report its third-quarter fiscal 2026 results after the market closes on June 24, and expectations are quite strong.