20 minutes ago

WTI trades near 95.50 after trimming latest losses

West Texas Intermediate (WTI) oil price gains ground after opening at levels below the previous close, trading around 95.60 during the Asian hours on Friday. Crude oil prices gain on rising supply concerns amid stalled US-Iran peace negotiations and the continued closure of the Strait of Hormuz.
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1 hour ago

Japan’s Katayama: Warns of decisive action on speculation

Japan's Finance Minister Satsuki Katayama warned that officials are in close contact around the clock with their US counterparts over speculative moves that are keeping the Japanese Yen (JPY) weak. Katayama confirmed that there are no plans to alter Japan's currency swap lines with the US.
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1 hour ago

EUR/CAD remains below 1.1700 due to increased risk aversion

EUR/USD steadies after three days of losses, trading around 1.1690 during the Asian hours on Friday. The pair remains flat as the US Dollar (USD) maintains its position as safe-haven demand increases amid persistent uncertainty surrounding the United States (US)–Iran conflict.
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