Sterling today: Pound steadies as U.S.-Iran sanction waiver talk lifts mood

Perth, Jan. 28, 2025 (GLOBE NEWSWIRE) — perseus mining takes final investment decision on CMA UNDERGROUND PROJECT at yaouré Perth, Western Australia/January 28, 2025/Perseus Mining Limited (ASX/TSX:PRU) is pleased to advise that a Final Investment Decision (FID) has been taken, to develop the CMA underground project at the Yaouré Gold Mine in Côte d’Ivoire. The…

EUR/USD extended the consolidation pattern from 1.0176 last week. Initial bias remains neutral this week first. Outlook will remain bearish as long as 38.2% retracement of 1.1213 to 1.0176 at 1.0572 holds. On the downside, break of 1.0176 will resume whole fall from 1.1213. However, decisive break of 1.0572 will raise the chance of reversal,…

Keeping the fundamental basis for assessing oil aside, let’s look at both US crude oil and Brent oil. Using 200-day moving average extensions, we find that today’s high in US crude oil of $119.48 stood 88% above its 200 DMA, well above the 79% during the 1990 GulfWar, when it peaked at $40. Meanwhile, Brent…

Elior Manier Market Analyst Elior brings over seven years of experience in financial markets to our analyst team. Since 2018, he has actively engaged in observing, charting, and trading, driven by his passion for mastering market dynamics. With a profound understanding of the geopolitical and macroeconomic forces that shape market movements, Elior focuses on analysing…