Novia

WTI extends its recovery to a two-week high near $72.95 in Wednesday’s early Asian session. The rising Middle East geopolitical tensions boost the WTI price. US crude oil stockpiles climbed by 9.043 million barrels last week, according to the API. West Texas Intermediate (WTI), the US crude oil benc

WTI crude oil surges as US labor market data fuels demand optimism. Nonfarm payrolls miss expectations, but wage growth remains strong. Labor force participation rate edges higher, supporting energy demand outlook. The West Texas Intermediate (WTI) crude oil prices climbed on Friday to around $70.80

EUR/JPY rebounds over 80 pips from a multi-month low touched earlier this Friday. IMF’s warning of spillovers from rising foreign market volatility weighs on the JPY. The divergent BoJ-ECB policy outlook keeps a lid on any further gains for the cross. The EUR/JPY cross stages a goodish intraday reco

GBP/USD has rallied by 2.1% from Monday, 3 February swing low. The 2-year yield premium shrinkage between UK sovereign fixed income over the US Treasury Note may trigger a bearish reversal on the GBP/USD. Watch the key medium-term resistance of 1.2610 on the GBP/USD. Since its swing low of 1.2249 pr

USD/JPY is testing a crucial support level. BOJ rate hike expectations are growing on the back of strong data. Key support levels are at 151.53 and 150.00, while resistance levels are at 153.91, 155.00, and 156.27. Most Read: Brent Crude Oil Analysis: Iran Tensions, OPEC+ and Price Trends USD/JPY ha

The market is definitely feeling better into Wednesday and most of that is because investors are seeing a path forward in which trade wars will be avoided. Currencies are up across the board against the US Dollar and stocks are well off their recent lows. Share: Analysis feed

Risk sentiment is on the floor this morning after Donald Trump imposed 25% tariff on most Mexican and Canadian imports and 10% tariff on Chinese imports which will take effect from tomorrow – a move, I believe, will certainly backfire and end up in tears for everyone. But it will first add volatilit

The US Dollar remains soft after the Fed left rates unchanged and revised its inflation assessment. US GDP growth slowed to 2.3% in Q4, missing forecasts of 2.6% and down from 3.1% in Q3. The Fed removed prior language on inflation progress, stating it remains “somewhat elevated.” Powell’s mixed mes

The European Union is reportedly proposing a phased ban on imports of Russian Aluminum to the bloc, ING’s commodity analysts Ewa Manthey and Warren Patterson note. EU sanctions are likely to spur LME prices“The proposal calls for an import quota for a year before the complete ban comes into effect.

EUR/USD shed 0.6% on Tuesday as market sentiment pulls back. Latest Fed rate call expected to be a hold, investors waiting to see changes in narrative. Tariff threats continue to hang over trader risk appetite, keeping Greenback bid. EUR/USD pared recent gains on Tuesday, shedding six-tenths of one