United States (US) President Donald Trump told the Wall Street Journal that the US was aware of Israel’s plans to attack Iran. Trump further noted that he spoke with Israeli Prime Minister Benjamin Netanyahu on Thursday and added that he plans to speak with again on Friday. “Attack would be great for the market because Iran will not have…
GBPUSD technicals The GBPUSD started the day by making a new high for the year during the early Asian session, but risk-off flows following an Israeli strike on Iran triggered a sharp reversal. The flight to safety into the US dollar pushed the pair lower, breaking below both the 100- and 200-hour moving averages, which were converged near 1.3544….
Israel attacks Iran overnight, targeting nuclear officials and military sites. Trump pushes Iran to make a nuclear deal, but negotiations are likely over. Oil prices surge over 8%, which could push inflation higher. Dow Jones opens 1% lower, while US Treasury yields rise. Israel launched unilateral strikes on Iranian officials, military sites and nuclear facilities on Thursday night, hostilities…
Present trump is now telling Reuters that Iran has sustained a devastating hit. It is unclear if Iran still has a nuclear program He is not concerned about a regional war breaking out as a result of Israel’s strike on Iran. I tried to save Iran’s humiliation and death. Israelis ultimate objective is to ensure Iran does not possess…
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USDCAD technicals The USDCAD is pushing to fresh lows as safe-haven demand for the U.S. dollar fades and rising oil prices provide a tailwind for the Canadian dollar. From a technical standpoint, the pair has broken below the prior low for the year, reaching 1.3574—its lowest level since early October 2024. The drop took the price beneath a key…
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does…
The NY Times is reporting that Israel has resumed the attacks on Iran. The strikes are centered on Fordo, one of the main underground nuclear sites. Israel wants to cease Iranians production of nuclear weapons. I would expect that endeavor to continue until the mission is complete. This article was written by Greg Michalowski at www.forexlive.com.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does…
Baker Hughes rig count for the current week: Oil rig -3 at 439 Natural gas -1 at 113 Total recount -4 at 555 Versus a year ago the oil rig count is down from 485 or -46 rigs. That is a decline of 9.5%. Despite the decline,US oil production is at 13.43 million barrels per day, up from approximately…
