US futures, Globex, open for the new week’s trade. Risk off, as expected.

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not invest money that you…

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Correction ahead

S&P 500 ran on Hormuz open, Iran giving up enriched uranium and similar fancy headlines that though got dialed back after the closing bell. Bullish talk as a prelude to weekend jawboning?

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USD/JPY slides as Iran reopens Hormuz, WTI plunges and USD weakens

USD/JPY edges lower on Friday as the Japanese Yen (JPY) strengthens against a softer US Dollar (USD), with easing Oil prices providing additional support, given Japan’s heavy reliance on imported energy. At the time of writing, the pair is trading around 158.18, down 0.61% on the day. Despite the decline, the pair remains largely range-bound within a one-month range…

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Hormuz uncertainty keeps markets on edge as USD softens

The US Dollar Index (DXY) is losing momentum near 98.00 as safe-haven demand fades on the reopening news, but downside remains limited amid lingering geopolitical risks. Markets are experiencing fluctuations between relief and renewed caution as developments around the Strait of Hormuz continue to evolve. Earlier reports confirmed that this vital Oil chokepoint is “fully open and ready for…

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US President Trump confirms talks, threatens to destroy Iran

United States (US) President Donald Trump just confirmed on Truth Social that US representatives are going to Islamabad, where negotiations with Iran will take place on Monday. However, he also ranted on Tehran’s decision to re-close the Strait of Hormuz, and once again, threatened to destroy all Iranian power plants and bridges. Iran decided to fire bullets yesterday in…

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ERROR: The request could not be satisfied The request could not be satisfied. We can’t connect to the server for this app or website at this time. There might be too much traffic or a configuration error. Try again later, or contact the app or website owner. If you provide content to customers through CloudFront, you can find steps…

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