United States Dollar Index trades slightly lower at the start of the US NFP week

The US Dollar (USD) is slightly down in the Asian trading session at the start of the week. The US Dollar Index (DXY), which gauges the Greenback’s value against its peers, corrects 0.1% to near 99.58 after a strong Friday. The Greenback gained strongly on Friday as remarks from Federal Reserve (Fed) Chairman Kevin Warsh […]

WTI remains above $83.50 as Iran fires missiles following US strikes

West Texas Intermediate (WTI) declines after opening at a bullish gap, remaining in positive territory and trading around $83.60 per barrel during the Asian hours on Monday. Crude oil prices surged as Iran launched a coordinated barrage of ballistic and anti-ship cruise missiles across multiple locations, including Tehran, Lorestan, Karaj, Khorramabad, and Shiraz. The strikes, […]

ECB Kocher says Europe economy shows momentum, threats price stability

Martin Kocher, Governor of the Austrian National Bank and a member of the European Central Bank (ECB), said in an interview with Bloomberg that Europe’s economy shows more momentum. At the Jackson Hole Symposium on Friday, he said that the economy has been more resilient than expected and that threats lean towards price stability. Key […]