WTI remains subdued near $74.00 due to Iran-Oman agreement on Hormuz

West Texas Intermediate (WTI) oil price remains subdued for the fourth successive day, trading around $74.20 per barrel during the Asian hours on Thursday. Crude oil prices declined following news that Iran and Oman reached an agreement on a shipping route through the Strait of Hormuz, fueling expectations of increased energy flows from the Middle East. An Iran-Oman joint…

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Strength extends on intervention talk against US Dollar – Commerzbank

Commerzbank economists highlight ongoing Korean Won (KRW) appreciation against the Dollar. USD/KRW slipped 0.1% to 1,430, extending declines from earlier in the week. They attribute KRW strength to reported coordinated FX intervention by the Ministry of Economy and Finance with Japan and sustained exporter Dollar selling, including sizeable forward sales in June. Intervention and exporters back stronger Won “July…

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US Dollar Under Pressure As Markets Embrace Warsh’s Dovish Stance. Forecast as of 05.08.2026

2026.08.05 2026.08.05 US Dollar Under Pressure As Markets Embrace Warsh’s Dovish Stance. Forecast as of 05.08.2026 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ The markets appear to have figured out Kevin Warsh. Investors increasingly believe he sees little need to raise interest rates, regardless of whether Treasury yields rise or fall. That dovish perception is weighing on the US dollar. Let’s examine the outlook…

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Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 05.08.2026

2026.08.05 2026.08.05 Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 05.08.2026 Roman Oneginhttps://www.litefinance.org/blog/authors/roman-onegin/ Dear readers, I’ve prepared a short-term forecast for Bitcoin, Ripple, and Ethereum based on Elliott Wave analysis. The article covers the following subjects: Major Takeaways BTCUSD: The price continues to decline in the fifth part of an impulse. Consider short positions with a Take Profit at 57,662.00….

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