Oil slipped back below $100 today as signs emerged that the Strait of Hormuz remains navigable, easing fears of a full disruption to global energy supply. Dollar weakened broadly as traders scaled back the most extreme oil shock scenarios tied to the US-Israel conflict with Iran. Overall market sentiment also improved with major European indexes […]
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The Australian dollar continues to strengthen, pushing to fresh 2021–2022 highs, supported by a combination of the Reserve Bank of Australia’s tight monetary stance and a weaker US dollar. This week’s rate hike by the Read more…
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