WTI Crude Rises Toward $65 as US-EU Finalize 15% Tariff Agreement
West Texas Intermediate (WTI) crude oil is trading near $64.90 during Monday’s Asian session, gaining traction as markets respond to the newly confirmed trade agreement between the United States and the European Union. The deal, which introduces a 15% tariff on traded goods, is set to take effect on August 1—just ahead of President Joe […]
Australian Dollar Extends Losses Amid Cautious Market Tone; Focus Shifts to Key Data and Trade Talks
The Australian Dollar (AUD) continued its downward trend against the US Dollar (USD) on Monday, marking a third straight session of losses. However, AUD/USD saw a brief uptick following the announcement of a new trade agreement between the United States and the European Union (EU). Market participants are closely monitoring the scheduled meeting between US […]
EUR/USD Price Outlook: Bullish Tone Intact Above 1.1700 and 100-SMA (H4)
EUR/USD started the week on a firm footing, rising toward the 1.1770 level during the Asian session amid renewed optimism surrounding a potential US-EU trade agreement. However, the pair is struggling to build on this momentum as traders remain cautious ahead of the two-day FOMC meeting beginning Tuesday and key U.S. economic data due later […]