About: davin

Recent Posts by davin

As oil prices fall, the commodity-linked Canadian dollar weakens, lifting USD/CAD near 1.3590 in Asia

USD/CAD climbed near 1.3590 as oil slid, while Strait of Hormuz tensions tempered safe-haven demand.

RBNZ member Prasanna Gai says pre-emptive tightening needs strong synchronisation and an active coordination mechanism, without bias

RBNZ’s Gai says pre-emptive tightening needs strong synchronisation and coordination; no automatic tightening bias; NZD/USD rises.

Sterling rises slightly to around 1.3580; Middle East tensions curb gains, awaiting Friday’s US jobs report

GBP/USD edges up near 1.3580; Middle East tensions and Friday’s US jobs report may cap gains.

WTI rebounds above $98 after opening near $96.45; Hormuz concerns counterbalance OPEC+ increased output during Asia session

WTI rebounds near $96.45; Hormuz tensions, stalled US-Iran talks offset OPEC+ output hike and stronger dollar.

EUR/USD trades near 1.1720 in Asia amid reports the US will increase tariffs on EU vehicles

EUR/USD stayed near 1.1720 as Trump raised EU auto tariffs and Middle East tensions boosted dollar demand.

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