Home / Market Update / Commodities (page 7)

Commodities

Dollar Loses Wartime Safe-Haven Premium as Iran Peace Deal Fuels Euro and Pound Rally: Central Bank Bonanza Begins

Key Takeaways Dollar retreats: The DXY fell 0.2% to 99.52 — its third consecutive losing session — as the wartime safe-haven premium unwound. Euro and pound at weekly highs: Both currencies climbed to their strongest levels since June 5. Peace framework confirmed: Washington and Tehran agreed to end hostilities, lift …

Read More »

Gold Surges 2.2% as Iran Peace Deal Crashes Oil and Rate Hike Bets: December Fed Hike Odds Fall From 69% to 49%

Key Takeaways Gold jumps sharply: Spot gold rose 2.2% to $4,311.64 per ounce, while gold futures also gained 2.2% to $4,332.75. Extends recovery from multi-month lows: Bullion continues to rebound from last week’s near-$4,000 trough. U.S.-Iran peace framework announced: Both sides confirmed a deal Sunday to halt hostilities, end the …

Read More »

Oil Crashes to March Lows as U.S.-Iran MOU Triggers “Ships of the World, Start Your Engines” — Trump

Key Takeaways Oil slumps 4%+: Brent fell 4.1% to $83.79 per barrel, while WTI dropped 4.6% to $80.99 — the lowest levels since March 10. Losses extend from last week: Both contracts continued their steep decline as peace deal optimism builds. MOU announced Sunday: Trump and Iranian officials confirmed a …

Read More »

Key Assets’ Outlook: Central Banks Take the Spotlight as Currency, Gold, and Oil React

Global financial markets are heading into a pivotal week, with major central bank decisions expected to shape currency movements, commodity prices, and overall investor sentiment. After a relatively calm period, traders are now bracing for policy signals that could redefine short-term market direction.US Dollar Softens Ahead of Key DecisionsThe US …

Read More »

US-Iran Peace Deal Nears Finish Line as Washington Signals Hormuz Reopening

Iran

Financial markets received a major boost after a senior US official indicated that Washington and Tehran are close to finalizing a landmark agreement that could significantly reduce tensions across the Middle East.According to the official, negotiators have made substantial progress and expect a formal agreement to be signed within the …

Read More »

Dollar Drifts Lower as Iran Deal Optimism and Soft Core PPI Ease Rate Fears: Euro Eyes Best Week in a Month

Key Takeaways Dollar weakens: The DXY ticked 0.1% lower in London trade, stabilizing after sliding to a one-week low overnight; on track for a 0.3% weekly loss. Euro near weekly high: EUR/USD hovered at its strongest level in a week, poised for its best weekly performance in over a month. …

Read More »