Analys

Brent - Oil Posts Its Biggest Daily Jump Since 2020, and Today Brings More

Brent - Oil Posts Its Biggest Daily Jump Since 2020, and Today Brings More

Brent surged 9.6% on Monday, its biggest one-day gain since May 2020, and trades near $85.3 today. Trump announced a 20% fee on all cargo passing through the Strait of Hormuz and reinstated the blockade of Iranian ports. Iran struck two UAE supertankers. And later today, the US releases its CPI inflation report, where rising oil prices are exactly the problem.
Born2trade | 16 dagar sedan
US Charges 20% Hormuz Fee; Oil Soars 9% - CPT Markets

US Charges 20% Hormuz Fee; Oil Soars 9% - CPT Markets

🔥 Trump reinstates Hormuz naval blockade + 20% transit fee — Brent surges 9.6% to $83.30, biggest single-day gain since May 2020. WTI jumps 9.4% to $78.14. Gold drops 3% below $4,000. September Fed hike probability hits 71%. UAE oil tankers struck by Iranian missiles. CPI and Warsh testimony today.
CPT Markets | 16 dagar sedan
Dollar rally pauses ahead of CPI and Fed Chair Warsh’s testimony

Dollar rally pauses ahead of CPI and Fed Chair Warsh’s testimony

Dollar rally pauses even as Middle East tensions further bolster Fed hike bets - US CPI inflation data and Fed Chair Warsh’s testimony in focus - Yen falls as Japan has no immediate plans to alter pension fund strategy - Wall Street and gold slide ahead of today’s key events
XM Group | 16 dagar sedan
USD/JPY Holds at Highs: Pressure Lingers on Yen

USD/JPY Holds at Highs: Pressure Lingers on Yen

USD/JPY ended Tuesday at 162.27, with the Japanese yen remaining near 40-year lows. Pressure on the currency persists, as Japanese authorities have yet to carry out fresh interventions to support the exchange rate.
RoboForex | 16 dagar sedan
Technical Outlook on USD/CAD, AUD/USD, US500

Technical Outlook on USD/CAD, AUD/USD, US500

USD/CAD abandons battle with 1.4200 resistance ahead of US CPI and central bank signals. AUD/USD retains bearish structure as China’s Q2 GDP takes focus. US500 aims to exit consolidation phase just before Q2 earnings season kicks off.
XM Group | 17 dagar sedan
EUR/USD: US Inflation Will Determine Everything

EUR/USD: US Inflation Will Determine Everything

EUR/USD opens the week around 1.1433. Investors continue to assess the situation in the Middle East, where uncertainty remains high. Oil prices corrected lower following a sharp rise at the start of the week, after reports that the United States and Iran intend to continue peace negotiations.
RoboForex | 17 dagar sedan