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Baker Hughes shows US oil rigs rose to 452, beating forecasts, signaling faster shale supply growth.
EUR/USD steadied near 1.1438 as oil surged 12%, reshaping inflation outlooks and central bank hike expectations.
Sterling slips as Middle East tensions lift oil and dollar; traders eye GBP/USD option hedges, Fed outlook.
WTI near $81, up 13% weekly, as Iran threatens Hormuz blockade; traders brace for volatility.
USD/JPY near four-decade highs as oil, wide rate gaps and Fed hikes expectations keep yen pressured.
Dollar steadied on risk-off flows, but bearish DXY outlook persists; traders eye selling rallies, puts, 100.5 break.
Iran’s Bab al-Mandab threat lifts Brent 12%, stoking volatility as tanker delays and Chinese demand tighten supply.
Gold slips near $3,992 as stronger dollar and Fed hike odds weigh, amid escalating US-Iran tensions.
Canada’s June CPI seen easing to 2.9% as energy drags; core steady; traders eye bonds, CAD puts.
ING: DXY one-month implied volatility sinks below 5.5%, near 2021 lows; calm may soon reverse.
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