Iran would open Strait of Hormuz 30 days after peace deal, Nikkei reports citing source

Iran would open Strait of Hormuz 30 days after peace deal, Nikkei reports citing source Source link

Iran war poses new threat to harvests in hunger-stricken Sudan

Iran war poses new threat to harvests in hunger-stricken Sudan Source link

Oil: WTI and Brent test key psychological levels – Scotiabank

Scotiabank’s Global FX Strategy team highlights that global benchmark Oil prices are lower, with WTI nearing the psychologically important $90/bbl level and Brent slipping toward the mid-$90s after briefly trading…

Iran Talks Drive Market Focus as USD/JPY Tests Higher

The week remained focused on the Iran situation, as negotiations reached an important stage. Some progress was reported, but major issues remained, especially around Iran’s uranium enrichment program and how…

USDCAD backs off from runs above the 200 day MA

The USDCAD moved sharply lower through April but has turned back to the upside in May. The rebound this month pushed the pair above two key technical levels — the…

The Dollar Took a Step Back Amid Expectations of aDeal

Rumours of a U.S.-Iran agreement weighed on the dollar. The Fed may resume its rate-cutting cycle. The US dollar opened the week with a small downward gap and is currently…

USDCHF bouncing off swing level support. 100 day MA remains a key target at 0.7839

The USDCHF extended to the downside today after finally breaking below the key 100-day moving average at 0.78393, a level that had helped hold support on Friday. Once below, downside…

South Korean Won: Hawkish BoK risk as authorities flag weakness – BBH

Brown Brothers Harriman’s (BBH) Elias Haddad expects the Bank of Korea (BoK) to hold its policy rate at 2.50%, but warns of a hawkish surprise aimed at curbing Korean Won…

The USD is lower as markets react to the peace hopes.

The USD is lower as the US wakes to a holiday and they honor all those who have died on the battlefields, and the UK barbecues get heated up in…

Dow Jones Wave Analysis – ActionForex

Dow Jones: ⬆️ Buy Dow Jones broke resistance zone Likely to rise to resistance level 51000.00 Dow Jones index continues to rise after the earlier breakout of the resistance zone…