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Iran and Oman Near Landmark Deal to Manage Strait of Hormuz
Iran and Oman are close to agreeing on joint management of the Strait of Hormuz, media have reported...
Australian Dollar climbs as softer US data, improving risk sentiment weigh on USD
AUD/USD trades around 0.7060 on Wednesday at the time of writing, up 0.20% on the day. The pair benefits from broad-based US Dollar (USD) weakness as investors react to softer-than-expected US economi ...
US Dollar: Limited downside on softer payrolls – TD Securities
TD Securities strategists expect only modest US Dollar (USD) weakness if July payrolls or the unemployment rate disappoint.
US Oil Product Inventories Continue to Fall
Crude oil inventories in the United States saw an increase of 2.5 million barrels during the week ending July 31, according to new data from the U.S. Energy Information Administration (EIA) released o ...
Crude oil prices ease losses after Houthis say they attacked Saudi tanker
FTI Consulting Stock Declines 4.1% Since Q2 Earnings Beat
FCN beats second-quarter earnings estimates and reaffirms revenue guidance. Its rising costs squeeze margins and send shares lower.
Euro edges higher as weak US labor data, lower Oil prices temper Fed hike bets
EUR/USD trades modestly higher on Wednesday as weaker-than-expected US labor market data and easing energy-driven inflation risks temper Federal Reserve (Fed) rate-hike expectations and weigh on the U ...
United States ISM Services PMI came in at 54.1 below forecasts (54.5) in July
United States ISM Services Employment Index declined to 47.4 in July from previous 51.2
Ukraine Calls for Faster Patriot Deliveries After Deadly Russian Missile Barrage
Russian overnight drone and ballistic missile strikes killed at least 17 people in Kyiv and the surrounding region, as Ukraine warned of critical air defense shortages and urged allies to hasten deliv ...
Japanese Yen: Intervention drop seen capped near 153 – TD Securities
TD Securities strategists see the recent intervention-driven USD/JPY decline as cyclical rather than regime-changing. They expect December as the more likely timing for the next Bank of Japan (BoJ) hi ...
Gold hits one-month high on ice hopes and weak Dollar
Gold prices rose in early Wednesday trading, touching a one-month high as European markets opened. Traders remain optimistic that the United States and Iran could reach a peace agreement that would al ...
Strategists lower Euro forecasts, remain skeptical over Yen interventions - Reuters
Reuters’ latest poll of foreign exchange strategists shows a modest downward revision in Euro (EUR) forecasts while highlighting persistent market skepticism over the effectiveness of Japanese currenc ...