Stops were tripped in the 1.3160/65 area which I mentioned in the ‘recent comments’ section (hope you didn’t miss them) and we spiked to new sesion high of 1.3176, presently at 1.3170.
Talk of sell orders now clustered 1.3180/90. I’d like to tell you where next lot of buy stops are parked but to be honest I don’t know.
I’d hazard a guess close above 1.3200 though.
Most Popular
Sponsored
US Secretary of State Rubio said the Strait of Hormuz will be open "one way or another" as Iran deal language negotiations in Qatar could take a few more days to finalise.
Oil's $100+ streak may last years. Energy shock's not over, with 'tank bottoms' in Asia.
Sri Lanka raised its overnight policy rate by 100 basis points to 8.75% on Tuesday, citing surging oil prices from Middle East tensions that pushed April inflation to 5.4% and weakened the rupee.
Costco's $45 membership deal offers a $20 card, boosting member value and attracting new sign-ups.
BOJ Deputy Governor Himino told the Diet the central bank will continue raising its policy rate, while flagging that timing will depend on how Middle East developments affect Japan's economy and prices.
Dow futures surge 400 pts on Iran deal hopes; oil dives. S&P 500 hits record highs.
China tycoon's $1.7B loss highlights regulatory risk. Market jitters ahead?
Sponsored
Must Read
