Fresh US airstrikes against Iranian targets finally gave oil bears a reason to blink. Brent crude rallied back above $76 after Washington retaliated for attacks on commercial shipping in the Strait of Hormuz, but the move was notable less for its direction than for its restraint. In another environment, military action involving one of the […]
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GBP/USD declined to 1.3352 on Wednesday amid a general deterioration in the external environment and a decline in risk appetite. The escalation of tensions in the Strait of Hormuz and Iran’s attacks on facilities in Read more…
The DAX 40 has shed more than 2% over the past several sessions, breaking a rally that had pushed the index to record highs on the back of Germany’s fiscal pivot toward defence, infrastructure and Read more…
The escalation of the conflict in the Middle East has allowed oil prices to recover. The US dollar has gained favour as a safe-haven asset. The US dollar quickly regained ground amid the escalation of Read more…