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About: davin

Recent Posts by davin

US API reports weekly crude oil stocks rose 2.3 million, defying forecasts expecting a 1.3 million drawdown

US API crude stocks rose 2.3M barrels March 20, versus expectations for a 1.3M-barrel draw.

After Monday’s 20-day SMA test near 158.10, USD/JPY rebounds towards 159.00, aiming for 160.00

USD/JPY rebounds from 20-day SMA, retests 159.00; bullish bias targets 159.50-160.00, intervention risk persists.

Gold hovers near $4,400 as Middle East tensions, higher oil and US yields curb gains

Gold held steady near $4,404 as Middle East tensions, oil surge, and stronger dollar kept markets cautious.

Following Iran’s denial of talks, the Dollar Index regained ground, climbing 0.30% to around 99.40

Dollar Index rebounds to 99.40 as risk aversion, oil-driven inflation fears, and mixed PMIs shift Fed expectations.

WTI crude rebounded 3%, trading above $90 per barrel, after an 11% slump amid scepticism

WTI rebounds 3% above $90 as Hormuz disruption fears persist; IEA warns record supply shock.

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