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Fundamental Analysis

Dollar Soars As War Rages & Oil Spikes
Dollar Soars As War Rages & Oil Spikes

Dollar Rally ContinuesThe US Dollar is ending the week firmly higher, with the DXY now trading its highest level since November last year. The move comes in response to the rising oil prices we’re...

Crude Surges Higher Despite Record IEA Release
Crude Surges Higher Despite Record IEA Release

Crude Spikes AgainCrude prices are on watch today following a fresh spike higher yesterday which saw crude futures surging by more than 11%. The push higher reflects heightened uncertainty around the...

Iron Ore Pushing Higher Despite Demand Concerns
Iron Ore Pushing Higher Despite Demand Concerns

Iron Ore Rally ContinuesIron ore prices are pushing higher again today as the conflict in the Middle East keeps the market underpinned. Spot prices are now up almost 8% off the YTD lows, recovering...

Hawkish RBA Bets Boosting Aussie
Hawkish RBA Bets Boosting Aussie

RBA to Hike Next Week?The Aussie has been one of the bets performers in the FX space this week, bolstered by a fresh spike in oil prices, given the country’s energy position. Looking ahead, hawkish...

Crude Spikes As Oil Tankers Targeted by Iran
Crude Spikes As Oil Tankers Targeted by Iran

Iran Attacks Oil TankersCrude prices are turning higher again today as traders react to news of further Iranian attacks on ships in the Strait of Hormuz. Overnight, two oil tankers in the area were...

Is USDJPY Eyeing A Fresh Breakout?
Is USDJPY Eyeing A Fresh Breakout?

Dollar Pushing Higher AgainUSDJPY is pushing higher again today with the YTD highs now only around 0.6% above market. A fresh rally in USDH is helping lift the pair again today as the greenback...

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Crude On Watch As IEA Considers Record Reserve Release

Conflict Keeps Crude UnderpinnedCrude prices are rising again today in response to news of the escalating conflict in the Strait of Hormuz. A bulk carrier was hit by an Iranian missile while...

Euro Stocks Knocked Lower Midweek
Euro Stocks Knocked Lower Midweek

Iran War ImpactEuropean stocks have come under fresh selling pressure today as traders react to a fresh escalation in the US/Israel conflict with Iran as well as some hawkish ECB commentary this week....

Crude Soars to Highest Levels Since 2022
Crude Soars to Highest Levels Since 2022

Crude Hits $120 p/bWe’re seeing record moves in oil at the start of the week with crude futures exploding higher. CL1 rallied around 30% from Friday’s close hitting highs of just shy of $120 p/b,...