Forex Today: US Dollar on pause ahead of US CPI

The US Dollar Index (DXY) is trading little changed in the vicinity below the 100.00 price zone ahead of the United States (US) July Consumer Price Index (CPI), which is expected on Wednesday. Investors expect the repor…

Read more →

Oil: Strait of Hormuz risk premium – Commerzbank

Commerzbank’s energy team notes fading hopes for a US–Iran agreement to reopen the Strait of Hormuz, driving Brent toward USD 90 and gas oil to nearly USD 1,350 per ton. Drone attacks on refineries in Saudi Arabia, Russ…

Read more →