Monday morning early indications FX moves: US strikes on Hormuz again over the weekend
Early forex rates are relatively calm despite renewed hostilities in the Gulf:
As is usual for a Monday morning, market liquidity is very thin until it improves as more Asian centres come online ... prices are liable to swing around, so take care out there.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
After the G7 releases reserves, Trump takes action again to suppress oil prices before the election: reportedly plans to relax tax-exempt "red diesel" usage restrictions
According to reports, the Trump administration is expected to announce a related plan as early as this Monday, possibly expanding the use of red diesel to road vehicles. Last Friday, the G7 announced the release of 100 million barrels of emergency oil reserves and a significant supply of diesel in the first 20 days. Afterwards, Trump stated that the United States would no longer enforce the diesel export ban. Europe has a large amount of diesel, and the United States will also increase its supply.
EUR/CHF Price Forecast: 100-day SMA limits immediate downside
Crypto prices
More
