RSI enters overbought territory as bears defend 1.4000

RSI enters overbought territory as bears defend 1.4000

USD/CAD trades on the front foot on Friday as lower Oil prices weigh on the commodity-linked Canadian Dollar (CAD) amid cautious optimism that the United States (US) and Iran could reach an agreement that would reopen the Strait of Hormuz. At the time of writing, the pair trades around 1.3979 after touching 1.4024 on Thursday, […]

Gold clears $4,200 as optimism on Middle East deal dents inflation woes

Gold clears ,200 as optimism on Middle East deal dents inflation woes

Gold (XAU/USD) price consolidates above the $4,200 figure on Friday as market participants are optimistic about a potential US-Iran deal, set to be signed next week, according to newswires. Meanwhile, households in the US are becoming more optimistic about the economy. The XAU/USD pair trades at $4,216, up 0.11%. XAU/USD steadies as deal chatter offsets […]

Growth resilience but softer inflation – Deutsche Bank

Growth resilience but softer inflation – Deutsche Bank

Deutsche Bank’s Sanjay Raja says the UK economy is tracking close to the Bank of England’s Scenario A, with stronger‑than‑expected early‑2026 GDP but a cooling labour market and easing price pressures. GDP is seen around 1% in 2026–27, while CPI is projected slightly below Scenario A and potentially under the 2% target at longer horizons. […]

Iran accord secures peace, Hormuz reopening

Iran accord secures peace, Hormuz reopening

A senior administration official said on Friday that the Iran deal will guarantee long-term peace in the region. The agreement would achieve core US objectives and reopen the Strait of Hormuz. The official said that the US would get enriched nuclear material and include an inspection regime. SENIOR ADMINISTRATION OFFICIAL: IRAN DEAL ACCOMPLISHES CORE U.S. […]