The extension of the two-week Iran ceasefire helped global stock markets continue to rise last week. However, WTI oil prices also moved higher as traders stayed focused on the risk of oil supply disruption. Strong U.S. retail sales and better consumer sentiment data also showed that the U.S. economy remains strong. Higher oil prices and […]
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AUD/JPY is setting up for a potential upside breakout toward 120 psychological level, with the next move likely to be decided by a high-stakes combination of BoJ policy and Australian inflation data. Today’s bounce suggests Read more…
Despite the cancellation of a second round of US–Iran talks, crude oil prices showed little urgency to push higher, with Brent holding near $106 and WTI anchored around $98. In earlier phases of the conflict, Read more…
Key Highlights EUR/USD corrected gains and tested the 1.1665 support. A bullish trend line is forming with support at 1.1690 on the 4-hour chart. GBP/USD could continue to move higher toward the 1.3620 resistance. Gold Read more…