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US President Donald Trump: We're having very productive talks with Iran
US President Donald Trump said that he had very productive talks with Iran, Fox News reported on Wednesday.
Silver Price Forecast: XAG/USD revisits monthly high near $61 as oil price plunges further
Silver price (XAG/USD) trades 1.8% higher at around $60.95 during the Asian trading session on Wednesday.
WTI slips below $74.00 as Hormuz talks progress, US stocks rise
West Texas Intermediate (WTI) oil price falls after paring its daily gains, trading around $73.80 per barrel during the Asian hours on Wednesday.
WTI rises to near $75.00 despite diplomatic progress in Middle East
West Texas Intermediate (WTI) oil price appreciates after registering over 5% losses in the previous day, trading around $75.00 per barrel during the Asian hours on Wednesday.
Iran rejects US claim of open Strait of Hormuz
Iran rejects US Treasury Secretary Scott Bessent's and US President Donald Trump's claim that the Strait of Hormuz will open tomorrow under a new deal, Fars news agency reported on Tuesday.
United States API Weekly Crude Oil Stock above expectations (-2M) in July 31: Actual (2.69M)
United States API Weekly Crude Oil Stock above expectations (-2M) in July 31: Actual (2.69M)
Forex Today: Oil extends collapse on Hormuz reopening reports, Silver surges
Oil prices extended their slide on Tuesday after reports that an announcement on the reopening of the Strait of Hormuz could come within hours.
WTI Oil drops sharply after Bessent signals an imminent Iran deal
West Texas Intermediate (WTI) US Oil is falling sharply on Tuesday, trading around $75.70 per barrel at the time of writing, down 3.91% on the day and at its lowest level in the last three weeks.
British Pound rebounds as soft JOLTS and Oil decline pressure USD
The Pound Sterling (GBP) recovers some ground against the US Dollar (USD) on Tuesday, up 0.14%, as US jobs data was softer than expected but confirmed the strength of the labor market, with layoffs being little changed. The GBP/USD pair trades at 1.3451 after rebounding from 1.3419.
Euro holds above 1.1500 on Hormuz reopening hopes and softer US jobs data
EUR/USD holds firm above 1.1500 on Tuesday as traders assess the latest developments surrounding US-Iran talks and the possible reopening of the Strait of Hormuz.
Gold recovers as Hormuz reopening hopes drag US Dollar, Oil prices lower
Gold (XAU/USD) catches a fresh bid on Tuesday as traders react to encouraging headlines about the possible reopening of the Strait of Hormuz. At the time of writing, XAU/USD trades around $4,087, recovering from an intraday low near $4,042.
Canadian Dollar weakens as Oil prices slide on US-Iran deal hopes
USD/CAD reverses its earlier losses on Tuesday as falling Oil prices weigh on the commodity-linked Canadian Dollar (CAD) following comments from US Treasury Secretary Scott Bessent on US-Iran talks.
US Treasury Secretary Bessent says Hormuz deal nears as Oil prices tumble
US Treasury Secretary Scott Bessent said in a CNBC interview on Tuesday that a deal with Iran to reopen the Strait of Hormuz could be reached as soon as Tuesday or Wednesday. He added that he expects energy prices to "settle back down".