WTI stays lower near $78.50 ahead of US-Iran peace talks 2.0

WTI stays lower near .50 ahead of US-Iran peace talks 2.0

West Texas Intermediate (WTI), futures on NYMEX, trade 7.4% lower at around $78.50 during the European trading session on Monday. The Oil price holds onto its opening losses, driven by the announcement of a ceasefire 2.0 between the United States (US) and Iran. Over the weekend, US President Donald Trump said, through a post on […]

Japanese Yen outperforms its peers amid speculation of fresh US-Japan intervention

Japanese Yen outperforms its peers amid speculation of fresh US-Japan intervention

The Japanese Yen (JPY) trades sharply higher against its major currency peers during the European trading session on Monday. The Japanese currency is up 0.6% at around 211.00 against the British Pound (GBP) even after giving back a majority of its early gains amid fears that the United States (US) and Japan could jointly intervene […]

Gains traction above 1.1500, while remaining constrained below 100-day SMA

Gains traction above 1.1500, while remaining constrained below 100-day SMA

The EUR/USD pair trades in positive territory near 1.1535 during the early European trading hours on Monday, bolstered by improved risk sentiment. The Euro (EUR) edges higher against the US Dollar (USD) after reports that US President Donald Trump had called off an attack on Iran and talks between the two sides would happen on Monday. Traders […]