The United States recently imposed expanded sanctions on Iran’s petroleum and petrochemical sectors in response to an Iranian missile attack on Israel, heightening concerns in the global oil market. As reported by Reuters, these sanctions add a...
The spot price continues to be shaped by a combination of fundamental and technical factors, with global economic influences playing a pivotal role in its movement. Crude oil prices and China's economic performance are particularly significant for...
On Monday, the spot price touched a fresh low against the Dollar, although concerns about potential government intervention curbed aggressive selling. A modest downtick in the USD also failed to fuel substantial momentum, keeping the pair just above...
On Monday, the spot price retraced its gains from the previous session against the Dollar. Supported by a hawkish Bank stance and stimulus measures from China, its largest trading partner, the price has showcased resilience in a challenging global...
The Aussie dollar rebounded sharply in early trading, but the broader picture suggests the market is looking for a clear direction. Similar to the Euro, the Aussie appears to be forming a consolidation range, with key technical levels shaping its...
