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Market News
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Yen steady, dollar firms on Middle East war fears
The dollar index , which measures the US currency against six units, was steady at 98.452 after rising 0.3% on Monday SINGAPORE: The yen was steady on Tuesday amid lingering market nerves after suspected intervention by Tokyo last week sparked sharp gains in recent sessions, while the U.S. dollar firmed on safe-haven demand as the
May 5, 2026 -
EUR/USD Price Forecast: Tests 50-day EMA support after slipping below 1.1700
EUR/USD moves little after two days of losses, trading around 1.1690 during the Asian hours on Tuesday. The daily chart technical analysis indicates a potential for a bearish reversal, as the pair is testing the lower boundary of the ascending channel. However, a neutral near-term stance prevails as the EUR/USD pair hovers just above the
May 5, 2026 -
Oil Price Today (May 5): Crude oil falls but holds above $110 as Iran war tensions persist. What are experts saying?
Oil prices edged lower on Tuesday after surging as much as 6% in the previous session, as signs emerged that the U.S. Navy is easing Iran’s blockade of the Strait of Hormuz, raising hopes of some supply returning from the Middle East. The United States on Monday began a fresh operation to reopen the key waterway. Shipping
May 5, 2026 -
Gold rebounds from over one-month low but inflation fears cap gains
May 5 (Reuters) – Gold prices rose on Tuesday, rebounding from a more than one-month low hit in the previous session, though gains were limited by elevated oil prices that kept inflation fears alive and clouded the U.S. interest rate outlook. Spot gold was up 0.5% at $4,541.39 per ounce, as of 0230 GMT. Bullion
May 5, 2026
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