WTI Crude Bounces Back Above $64 on Inventory Drop and Hopes of US-Russia Talks
West Texas Intermediate (WTI) crude oil prices edged higher in early Asian trading on Thursday, climbing back above the $64.00 mark after a five-day losing streak. The rebound is supported by a larger-than-expected drawdown in US crude inventories and speculation about possible talks between the US and Russia amid escalating geopolitical tensions. As of writing, […]
EUR/USD Extends Rally as Dollar Weakens and Ukraine Peace Hopes Rise
The EUR/USD pair continued its upward momentum for a third straight session on Thursday, buoyed by renewed hopes of a Ukraine peace deal and a weakening US Dollar. Despite disappointing German economic data, the euro remained strong, supported by diplomatic developments and speculation around upcoming changes at the Federal Reserve. The euro climbed steadily from […]