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Oil: Chinese demand peak shifts market balance – Commerzbank

Commerzbank’s Carsten Fritsch notes that softer-than-expected US sanctions on Iran have added to downward pressure on Oil prices despite severe disruptions to tanker traffic through the Strait of Hormuz. At the same tim…

GBP/JPY Price Forecast: 217.00 caps bulls as RSI stalls

The GBP/JPY consolidates near familiar levels around 217.00 on Monday, as risk aversion dominates markets, with flows moving into haven assets like the US Dollar and Gold amid uncertainty over the Middle East conflict.

Chinese Yuan: Targeting 6.7200 against US Dollar – UOB

United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann keep a downside bias on USD/CNH after the pair dipped to 6.7180 and closed near 6.7210. Intraday, they expect any further weakness to be limited within 6.7150–…

Gold rallies as Iran sanctions stoke haven demand

Gold (XAU/USD) price resumes its advance on Monday and refreshes three-month highs at $4,681 as US Treasury Secretary Scott Bessent crosses the wires to reveal sanctions on Iran-linked entities, while investors await a …

Japanese Yen: Focus shifts to BoJ path – Scotiabank

Scotiabank strategists Shaun Osborne and Eric Theoret note that the Japanese Yen (JPY) is slightly softer versus the US Dollar (USD), with USD/JPY trading between 158.00 support and resistance in the upper‑159s. Market …

EUR/USD Price Forecast: 1.1700 caps bulls as RSI overheats

The shared currency registers minimal losses of 0.13% versus the US Dollar as EUR/USD fails to surpass 1.1700, exacerbating the drop towards the 1.1660 area, despite retaining its current neutral-to-upward bias.

The Treasury bids and offers the Dow Jones Industrial Average

The same department that spent the morning telling the bond market it has roughly 950 billion Dollars available to hold long yields down will spend the afternoon announcing sanctions designed to tighten the oil chokepoi…

British Pound holds firm as US sanctions on Iran loom

The Pound Sterling (GBP) holds firm against the US Dollar (USD) at around 1.3640 on Monday, with traders eyeing speeches by US Treasury Secretary Scott Bessent on Iran’s sanctions later in the day and by Federal Reserve…