Energy risks cap recovery against US Dollar – ING
ING’s Francesco Pesole notes that EUR/USD has rebounded above 1.140 on lower Oil prices but argues the move looks optimistic without a clear de-escalation in geopolitical tensions. Pesole stresses that elevated European gas prices are hurting the Euro’s terms of trade, while upcoming Eurozone data are unlikely to deliver enough domestic support to offset Dollar-safe-haven […]
Gold Price Forecast: XAU/USD Buyers Test Resistance as Mideast Tensions Ease and Oil Slumps – Bitcoin World
Gold Price Forecast: XAU/USD Buyers Test Resistance as Mideast Tensions Ease and Oil Slumps Bitcoin World Source link
Science Group reports H1 revenue decline, raises buyback target
Science Group reports H1 revenue decline, raises buyback target Source link
Gold edges higher as US-Iran talks, oil slide pressure USD before FOMC
Gold (XAU/USD) opens with a bullish gap at the start of a new week, though it struggles to capitalize on the momentum or find acceptance above the $4,100 mark as bulls seem reluctant ahead of the crucial FOMC meeting, starting on Tuesday. Crude oil prices slump around 5% amid reviving hopes for a diplomatic resolution […]
Gold Price Forecast: XAU/USD buyers try their luck on Mideast respite, Oil slump – FXStreet
Gold Price Forecast: XAU/USD buyers try their luck on Mideast respite, Oil slump FXStreet Source link
South Korea’s Naver jumps 10% on Nvidia’s $1 billion investment plan
South Korea’s Naver jumps 10% on Nvidia’s $1 billion investment plan Source link
British Pound extends gains vs weak USD as Iran diplomacy hopes grow
The GBP/USD pair builds on Friday’s modest bounce from a three-week low and gains strong follow-through positive traction at the start of a new week. This marks the second straight day of a positive move and lifts spot prices above mid-1.3300s during the Asian session amid a broadly weaker US Dollar (USD). The USD Index […]
Naver jumps to one-month high as Nvidia takes $1 billion stake for AI data center
Naver jumps to one-month high as Nvidia takes $1 billion stake for AI data center Source link
Nvidia in talks to provide $250 bln guarantee for OpenAI data center project – WSJ
Nvidia in talks to provide $250 bln guarantee for OpenAI data center project – WSJ Source link
Supply risks keep prices elevated – BNY
BNY’s Geoff Yu notes that Brent has retreated slightly below $100 but remains supported by renewed Middle East tensions, Red Sea and Strait of Hormuz disruptions, and Kazakhstan’s export halt. Institutional flows show high-conviction re-accumulation of energy exposure from a still-depleted base. The report stresses that the oil surge is feeding directly into inflation and […]
