Discussion about EUR/USD at 1.20 now open – ING

Earlier here: More detail now. Summary: Oil prices seen peaking in coming weeks Peak tied to resumption of Hormuz shipping Prices likely to rise until flows normalise U.S. blockade adding to near-term disruption Venezuela supply ramp offers partial offset U.S. Energy Secretary Chris Wright said oil prices are likely to reach their peak within the…

By RoboForex Analytical Department The GBP/USD pair declined to 1.3366 on Wednesday, reflecting intensified selling pressure on the pound. Sterling’s weakness stems from a sharp rise in UK government bond yields and broader global concerns regarding fiscal stability. The yield on 30-year gilts climbed to 5.695%, marking its highest level in 25 years. This surge…

Scott Bessent and President Trump have generated two consecutive days of favorable news for US assets and the US dollar, highlighting de-escalations with China, a less aggressive Federal Reserve stance, and a reaffirmation of the ‘strong dollar policy.’ Our models suggest that the dollar has more potential for growth, but it hinges on Trump providing…

Daily Pivots: (S1) 188.59; (P) 188.92; (R1) 189.33; More… Range trading continues in GBP/JPY and intraday bias stays neutral. Risk will remain on the downside as long as 190.06 resistance holds. Below 184.35 will target 180.00 low. Nevertheless, break of 190.06 will turn bias back to the upside for stronger rebound. In the bigger picture,…