Crude Oil Steadies as Markets Monitor Middle East Tensions and China’s Economic Outlook Crude oil prices stabilized on Thursday after a four-day losing streak that resulted in a nearly 7% weekly drop. The market has found a temporary floor, with
EUR/USD Hits 10-Week Low Ahead of ECB Policy Announcement EUR/USD continues to show weakness, trading near 1.0850 on Thursday as the currency pair faces significant selling pressure ahead of the European Central Bank’s (ECB) interest rate decision, expected at 12:15
WTI Crude Oil Holds Modest Losses Above $70, Bearish Bias Persists West Texas Intermediate (WTI) crude oil prices struggle to maintain momentum after a modest rebound from the $69.25 region, a two-week low. During Wednesday’s Asian session, WTI is trading
Gold Price Holds Gains Around $2,670, Supported by Softer Risk Sentiment Gold (XAU/USD) continues to edge higher for the second consecutive day on Wednesday, extending its recent positive streak, reaching a one-and-a-half-week high around $2,670 during the Asian session. The
EUR/USD stays below 1.0900; further decline likely as ECB decision approaches EUR/USD remains under pressure, trading near 1.0890 during the Asian session on Wednesday after a four-day losing streak. The Euro could face additional downside as the European Central Bank
Global Investors Left in the Dark on China as Wall Street Surges Global investors are struggling to navigate China’s economic uncertainties after Beijing’s weekend stimulus update underwhelmed markets. While China remains in a fog, Wall Street powered ahead with the
Japanese Yen Vulnerable Against USD, Hovers Near Lowest Levels Since Early August The Japanese Yen (JPY) continues to struggle, failing to hold onto modest gains from the Asian session against the US Dollar (USD), and remains near its lowest point
EUR/USD Holds Below 1.0900, Lowest Since August 8, as USD Strengthens The EUR/USD pair continues its downward slide for the second consecutive day on Tuesday, dipping to the 1.0890 region in the last hour, inching closer to its lowest point
WTI Crude Drops Near $74 After China Inflation Data West Texas Intermediate (WTI) oil prices extended losses for a second consecutive session on Monday, falling to around $74.10 per barrel during Asian trading hours. The decline of over 1% comes
Japanese Yen Consolidates Against USD, Hovers Near Lowest Level Since Early August The Japanese Yen (JPY) continues its sideways consolidation against the US Dollar (USD), remaining near its lowest level since early August during Monday’s early European session. Comments from
EUR/USD Dips Below 1.0950 Amid Stronger US Dollar The EUR/USD pair continued its decline, dropping to around 1.0920 during early trading in Asia on Monday. This downward movement is driven by risk aversion, fueled by escalating geopolitical tensions in the
WTI Holds Steady Around $75, Poised for Second Consecutive Weekly Gain West Texas Intermediate (WTI) crude oil prices remain flat around the $75 per barrel mark during the Asian session on Friday, struggling to build on the previous day’s gains.