Dollar Down But Not Out While Oil’s $10 Collapse Signals Iran Deal Optimism

Dollar is under broad-based pressure today as safe-haven demand unwinds, but the scale of the selloff remains surprisingly modest considering the dramatic move in...

Oil Collapses on Hormuz Optimism, EUR/CAD Rally May Be Just Getting Started

Oil prices extended their sharp decline on today as markets grew increasingly confident that a breakthrough in US-Iran negotiations could eventually restore normal energy...

Gold and Silver Hold Make-or-Break Zones After Trump’s Iran Pivot, but Bullish Reversal Remains a Work in Progress

Financial markets staged a powerful relief rally after US President Donald Trump abruptly called off planned military strikes against Iran and declared that diplomatic...

Euro Shrugs Off ECB Hike as Traders Refocus on Rising US-Iran Risks

The Euro was broadly steady after the ECB delivered its widely anticipated 25 basis point rate hike, as traders quickly shifted their attention back...

US Michigan Consumer Sentiment Improves in June, But Inflation Worries Remain...