News
Lebanon ceasefire gives hope as US-Iran standoff continues
2+ hour, 52+ min ago (223+ words) Joshua Mahony is Chief Markets Analyst at Scope Markets. Joshua has a particular focus on macro-economics and technical analysis, built up over his 11 years of experience as a market analyst across three brokers. EUR/USD trades in a tight channel…...
Turkey Consumer Price Index (Yo Y) registered at 30. 87%, below expectations (31. 4%) in March
3+ week, 5+ hour ago (269+ words) EUR/USD remains subdued for the second successive day, trading around 1. 1540 during Asian hours on Friday. The daily chart technical analysis indicates a potential bullish reversal as the pair is testing the upper boundary of the descending channel pattern. GBP…...
Turkey sells 60 tonnes of Gold to backstop Lira
3+ week, 6+ day ago (1077+ words) We know one of the reasons there has been so much downward pressure on gold since the beginning of the Iran War. Turkey recently sold and swapped 60 tonnes of gold to support its currency. The Iran War is temporarily giving…...
Iraqi and Kurdish authorities reach deal to resume oil exports to Turkey's Ceyhan port
1+ mon, 6+ day ago (351+ words) Iraq's oil minister said on Tuesday that'the Iraqi government and the Kurdistan Regional Government (KRG) reached an agreement to resume oil exports to Turkey's Ceyhan energy hub starting on Wednesday, Reuters reported. ' The KRG stated that both sides would form…...
Israel warns Lebanon of "heavy price" as bombs hit Beirut
1+ mon, 2+ week ago (367+ words) Israel's Defense Minister Israel Katz on Saturday warned the Lebanese government to disarm Hezbollah or "pay "a very "heavy price."" "We (ISRAEL) "have no territorial claims against Lebanon, but we will not accept a situation where what "existed "for many…...