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9 minutes ago
WTI Oil holds steady as US troop buildup, Iran talks keep prices in balance
West Texas Intermediate (WTI) US Oil trades around $89.10 on Wednesday at the time of writing, remaining broadly stable on the day after earlier falling to a three-week low near $85.
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11 minutes ago
GBP/USD holds near 1.3570 as Iran talk optimism cools
The GBP/USD halts its advance on Wednesday and remains steady around 1.3570 as optimism about a resumption of US-Iran talks has tempered. At the same time, US equities extended their gains, and the Greenback seems to have bottomed after hitting a six-week low.
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14 minutes ago
EUR/USD edges higher as US-Iran talk hopes weigh on the US Dollar
EUR/USD regains ground on Wednesday, erasing earlier losses as the US Dollar (USD) continues to weaken, allowing the Euro (EUR) to extend gains for an eighth consecutive day amid improving risk sentiment driven by hopes of renewed US-Iran talks.
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28 minutes ago
ECB’s Nagel: As long as Hormuz is not resolved, the danger of higher inflation rises
Joachim Nagel, President of the Bundesbank and member of the European Central Bank (ECB) spoke in an interview with Bloomberg on Wednesday. He said that questions about the Strait of Hormuz are essential, as we're between the baseline and an adverse scenario.