WTI Crude above $59.50 as softer US Dollar outweighs supply pressures
West Texas Intermediate (WTI), the US crude oil benchmark, is trading near $59.85 during early European hours on Friday. Prices are edging higher as broad US Dollar weakness and an improved risk appetite lend support to the market. The US Dollar has softened after President Donald Trump eased tariff rhetoric and ruled out the use […]
Japanese Yen hovers near one-week low against USD ahead of BoJ press conference
The Japanese Yen (JPY) remains under pressure near its weekly low versus the US Dollar following the Bank of Japan’s (BoJ) widely anticipated decision to keep short-term interest rates unchanged. Market participants remain cautious, refraining from fresh directional bets as they await guidance on the timing of any further policy tightening. In this context, comments […]