United States Baker Hughes US Oil Rig Count dipped from previous 411 to 410

Apr 17, 2026

GBP/USD nears 1.3600 as Hormuz reopening dents US Dollar

GBP/USD advances during the North American session as breaking news revealed Iran’s reopening of the Strait of Hormuz following the agreement of a ceasefire in Lebanon, which pushed the British Pound to a daily high near 1.3600. At the time of writing, the pair trades at 1.3567, up 0.36%.

Fed’s Daly: Could Leave Rates Where They Are

Mary Daly, President of the Federal Reserve (Fed) Bank of San Francisco, spoke at the University of California-Berkeley's Fisher Center on Friday. She indicated that, at this point, she is observing whether higher oil prices are affecting the prices of other goods and services.