Monthly Archives: July 2026

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Oil Nears $100 as U.S.–Iran Tensions Revive Supply Disruption Fears

Written on July 24, 2026 at 8:15 am, by

Key Takeaways: *Crude oil extends gains as U.S.–Iran tensions intensify *Prices attempt to retest the psychological $100 level *Red Sea and Strait of Hormuz risks keep energy markets on edge Market Summary: Crude oil prices continued to extend gains, with prices attempting to retest the psychological level of $100 as tensions between the United StatesContinue Reading

EUR/USD Edges Lower as Stronger Dollar Outweighs ECB Policy Hold

Written on July 24, 2026 at 8:13 am, by

Key Takeaways: *EUR/USD continues to trade lower as stronger US dollar weighs on the pair *ECB keeps interest rates unchanged at 2.40%, in line with market expectations *Renewed Middle East tensions raise concerns over eurozone inflation risks Market Summary: The EUR/USD continued to edge lower as renewed strength in the US dollar weighed on theContinue Reading

Dollar Extends Gains as Oil-Driven Inflation Risks Pressure Gold

Written on July 24, 2026 at 8:08 am, by

Key Takeaways: *US dollar continues to strengthen as surging oil prices revive inflation concerns *Stronger-than-expected jobless claims data reinforces confidence in the US economy *Gold remains under pressure as stronger USD and higher yields outweigh safe-haven demand Market Summary: The Dollar Index, which tracks the greenback against a basket of six major currencies, continued toContinue Reading

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