WTI Slides Below $61.00 Amid Ongoing Trade Tensions
West Texas Intermediate (WTI) crude oil, the U.S. benchmark, is trading near $60.80 in early Wednesday trading during the Asian session. The commodity remains under pressure as market participants weigh the impact of U.S. President Donald Trump’s latest tariff measures. On Monday, the Organization of the Petroleum Exporting Countries (OPEC) revised its global oil demand […]
GBP/USD Surges to Fresh Six-Month Highs Near 1.3250 Ahead of Key UK CPI Release
The GBP/USD pair is extending its bullish run that began on April 8, currently hovering around the 1.3250 mark during Wednesday’s Asian trading hours. Earlier in the session, the pair briefly reached a new six-month high of 1.3256. The ongoing rally is supported by improving global risk appetite, particularly after U.S. President Donald Trump announced […]
Australian Dollar Holds Steady as US Dollar Softens Ahead of Retail Sales Data
The Australian Dollar (AUD) continued its upward momentum for the sixth straight session on Wednesday, with the AUD/USD pair remaining resilient following the release of Australia’s Westpac Leading Index. The index, which forecasts economic growth over the next three to nine months, showed a slower pace—easing to 0.6% in March from 0.9% in February. Supporting […]