Crude Oil –02.07.2025 – Orbex Forex Trading Blog

Short Term Elliott Wave View in Dollar Index (DXY) suggests that decline to 100.2 ended wave 1. Rally in wave 2 is in progress as an expanded flat Elliott Wave structure.  Up from wave 1, wave (a) ended at 101.14 and pullback in wave (b) ended at 100.91. Wave (c) higher ended at 101.47 which…

US – Iran on negotiation, and also on war preparation Data: 🟦 Global Rates | Yields firm as Fed repricing continues United States (UST): 2Y ~3.48% | 5Y ~3.72% | 10Y ~4.10–4.13% | 30Y ~4.74–4.78% — long-end drifted higher after stronger U.S. data and hawkish interpretation of Fed minutes. United Kingdom: 10Y Gilt ~4.48–4.55%, supported…

Asia FX steady after Powell’s cautious stance; Aussie dollar gains on hot CPI Source link