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WTI oil opened with wide gap lower on Monday and fell to the lowest levels in nearly one month, registering a drop of around 5% at the start of the week. Israel’s attack on Iran over the weekend was a main oil driver with Iran’s oil facilities remaining intact that offset fears of energy supply […]

The post WTI Outlook: Oil Opens With Gap Lower as Supply Fears Fade After Israel’s Attack on Iran appeared first on Action Forex.

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23/05/2024

EUR/USD Fell With Noticeable Acceleration After FOMC Minutes

Markets Above-consensus April inflation figures in the UK triggered an obvious underperformance of gilts, resulting in yield gains between 7.2 (30-yr) and 14.2 bps (2-yr). A June rate cut by the BoE is just short of fully priced out. Steep gilt losses dragged core peers lower as well. German yields gapped higher at the open […]
10/09/2024

AUD/USD Shrugs After Weak Confidence Data

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12/07/2024

A September Fed Rate Cut Could Lead to Easing Spree During end-2024

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