Crude oil prices stabilized on Monday, with front-month WTI futures last trading flat in the $92.00 per barrel area, as traders weigh ongoing escalation in the Russia-Ukraine crisis against the rising likelihood of a new US/Iran nuclear pact. According to the news flow coming out of Russia, President Vladimir Putin …

Russian President Vladimir Putin said on Monday that he would make the decision on whether or not to recognize the breakaway regions of Eastern Ukraine as independent nations on Monday, after being urged by most of the members of his cabinet, as well as leaders in Russia’s State Duma.To do …

Gold hit fresh multi-month highs near the $1,910 on Monday but has since dropped back under the $1,900 handle. Geopolitics remains the wildcard that could stoke surprise volatility in either a bullish or bearish direction. The Russian ruble has been coming under significant pressure on Monday, indicative of rising fears …

The Turkish lira has added to its Friday’s losses and lifts USD/TRY pair to the upper end of the recent range near 13.70 on Monday.The USD/TRY pair flirts with the area of recent highs near 13.70 despite the renewed offered stance in the greenback and amidst the broad-based upbeat mood …

During Friday’s session, the precious metal consolidated around the $1,886-$1,900 area, amongst exchanges of statements in news media between Russia, Ukraine, and NATO countries, keeping uncertainty around the current situation in Ukraine.Brent crude futures settled 57 cents, or 0.6%, higher at USD 93.54 a barrel, while American WTI crude ended …

During Friday’s session, the yellow metal consolidated around the $1,886-$1,900 area, amongst exchanges of statements in news media between Russia, Ukraine, and NATO countries, keeping uncertainty around the current situation in Ukraine.The US 10-year Treasury yield fell five basis points sits at 1.925% in the bond market. At the same …

Baker Hughes on Friday reported that the number of active US rigs drilling for oil was up by four to 520 this week. That followed a climb of 19 oil rigs the week before, Baker Hughes data show. The total active US rig count, which includes those drilling for natural …

AUD/USD was unable to hold to the north of the 0.7200 level for a third successive trading session, despite solid jobs data earlier in the week keeping calls for RBA monetary tightening this year.At current levels in the 0.7170s, AUD/USD is trading a touch lower on the day, though still …

Gold and the USD Indexes reacted energetically to the concerns raised by Eastern Europe’s tensions. However, only the US dollar can stay cool about its medium-term future.Geopolitical tensions uplift gold, silver and mining stocks, they are in rally mode each and every minute a doom-and-gloom headline surface. However, while the …

GBP/USD tried but was unable to break above its 1.3500-1.3650ish range that has prevailed for most of February. The pair fell back under 1.3600 in the US session as geopolitical angst remains elevated. That kept USD in demand and negated pushback against a 50bps March rate hike from Fed’s Williams.The …