Three vessels carrying Qatari gas and Iraqi oil sailed through the strait after Iran designated a new shipping route. Three tankers—two laden with Qatari liquefied natural gas and one carrying Iraqi Basrah crude—have passed through the Strait of Hormuz in recent days. The
Market sentiment improves as US and Iran near a deal, weakening USD demand and lifting risk assets like S&P 500 futures. The Euro climbed to 1.1645 against the US Dollar in early European trading, supported by optimism over a potential US-Iran agreement. The risk-on mood r
Traders continue monitoring Litecoin for its liquidity and long market history amid shifting crypto risk sentiment. Litecoin remains a fixture on trading desks despite lacking the hype of Bitcoin or newer tokens. The cryptocurrency, launched in 2011, maintains real liquidi
Nasdaq PHLX gets conditional approval for Bitcoin options Nasdaq PHLX has received conditional approval to list cash-settled, European-style Bitcoin index options under the ticker QBTC. The options will be settled in U.S. dollars and track the CME CF Bitcoin Real Time
USD/CAD falls to 1.3805 The USD/CAD pair edges lower to around 1.3805 during the early European session on Monday. The US Dollar softens against the Canadian Dollar after US officials signal progress on a peace deal. The Canadian Dollar gains ground amid ho
The Indian Rupee strengthens for a fourth session after RBI official hints at further intervention to stabilize the currency. The Indian Rupee (INR) extended its rally against the US Dollar (USD) on Monday, with the USD/INR pair falling to near 95.20, its lowest level in a
The Japanese Yen rises against the USD, trading near 158.90 in Asian hours, supported by a decline in oil prices. USD/JPY fell to around 158.90 during Asian trading on Monday, extending losses as the Japanese Yen gained support from declining oil prices. The pair opened wi
The British pound extends gains against the dollar, nearing 1.3500 amid broader USD softness and geopolitical developments. The GBP/USD pair climbed toward 1.3500 on Monday, extending intraday gains as the US dollar weakened. The move follows a modest bullish opening gap a
The pair climbs toward a 1.5-week high amid softer USD demand and easing inflation concerns linked to lower oil prices. The GBP/USD pair extended gains during Monday’s Asian session, rising toward 1.3500 as the US Dollar faced broad selling pressure. The move erased last w
The currency pair recovers from a low of 1.1576, climbing past a key Fibonacci retracement as traders assess breakout potential. EUR/USD staged a modest recovery after hitting a low of 1.1576, moving above the 23.6% Fibonacci retracement level of its recent decline. The pa
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