Elliott Wave View: Wti Crude Oil (Cl) Eyeing Lower Range at $68–$73

WTI Light Crude Oil (CL) maintains a bearish sequence that began from the May 19, 2026 high. The decline from that peak produced wave 1 at $86.35, followed by a…

Global Research Desk

Indonesian Rupiah declines due to fresh US-Iran military friction

USD/IDR extends its gains for the third consecutive day, trading around 17,950 during the Asian hours on Friday. The pair appreciates as the US Dollar (USD) receives support amid renewed…

Global Research Desk

Report – US forces down Iranian drones going for strikes on Hormuz shipping

US forces intercepted and shot down two Iranian one-way attack drones near the Strait of Hormuz, after Iran attempted to target commercial vessels transiting the waterway, according to a Fox…

Global Research Desk

USD/JPY Could Restart Its Uptrend with Bulls Back in Control

Key Highlights USD/JPY corrected some gains but found support at 159.55. It traded below a bullish trend line with support at 160.20 on the 4-hour chart. Bitcoin could start a…

Global Research Desk

United States Dollar Index gains ground above 99.50 as Middle East tensions, hot US PPI fuel demand

The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, currently trades near 99.80 during the Asian trading hours on…

Global Research Desk

IRGC vows “regret-inducing” response, signals no surrender on deal

The statement reads primarily as posturing aimed at domestic and regional audiences, asserting strength rather than explicitly rejecting any deal. Still, the rhetoric of continued strikes and a closed Strait…

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PBOC sets USD/CNY reference rate at 6.8109 vs. 6.8150 previous

On Friday, the People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead at 6.8109 compared to the previous day's fix of 6.8150 and 6.7640…

Global Research Desk

ECB Hike Expected With Focus on Signals

In focus today As the main event of the week in Europe, we expect the ECB to hike the deposit rate by 25bp to 2.25%, in line with consensus and…

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Fuel stations in Crimea run dry after fresh night of Ukrainian drone strikes

Fuel stations in Crimea run dry after fresh night of Ukrainian drone strikes Source link

Global Research Desk

Why is the Gold price rebounding amid easing US-Iran tensions?

Gold price (XAU/USD) trades in positive territory near $4,240 during the early European session on Friday. The precious metal rebounds from a six-month low after US President Donald Trump said…

Global Research Desk