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Japan CFTC JPY NC Net Positions down to ¥-832K from previous ¥-93.7K
Japan CFTC JPY NC Net Positions down to ¥-832K from previous ¥-93.7K
Eurozone CFTC EUR NC Net Positions: €26K vs €-7.5K
Eurozone CFTC EUR NC Net Positions: €26K vs €-7.5K
United Kingdom CFTC GBP NC Net Positions climbed from previous £-56.4K to £-54.7K
United Kingdom CFTC GBP NC Net Positions climbed from previous £-56.4K to £-54.7K
United States CFTC Gold NC Net Positions up to $162.5K from previous $156.3K
United States CFTC Gold NC Net Positions up to $162.5K from previous $156.3K
Australia CFTC AUD NC Net Positions fell from previous $70.8K to $65.1K
Australia CFTC AUD NC Net Positions fell from previous $70.8K to $65.1K
Gold surges past $4,850 as Hormuz reopening crushes the US Dollar
Gold (XAU/USD) price rallies on Friday ahead of the weekend, breaking past the $4,850 level and rising more than 1.50%, as the US-Iran conflict seems to be de-escalating after Iran reopened the Strait of Hormuz, easing inflationary pressures worldwide.
Asia FX: De-escalation hopes support regional currencies – MUFG
MUFG’s Senior Currency Analyst Lloyd Chan notes that improved diplomatic signals in the Middle East have boosted risk sentiment, softening the US Dollar (USD) and supporting Asian FX. However, high US front-end yields still underpin the Dollar, and bond markets remain cautious.
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