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Crude Oil rallies after Biden administration says no to bombing Iranian oil fields
Crude Oil is sprinting higher on Monday after Israel got a red light on its request to bomb Iranian oil fields. United States (US) President Joe Biden said on Friday that it was under consideration, suggesting that other targets should be looked for instead.Fxstreet
Oct 7, 2024
Gold snakes sideways prior to US Nonfarm Payrolls
Gold (XAU/USD) continues trading sideways in the $2,660s on Friday as traders brace for the release of what is likely to be the most significant macroeconomic data report of the week, the US Nonfarm Payrolls (NFP) for September published by the US Bureau of Labor Statistics (BLS).Fxstreet
Oct 4, 2024
Crude Oil posts fresh monthly high as markets weigh up likelihood of fresh escalation in Middle East
Crude Oil heads into its fourth straight day of gains for this week, accumulating more than 8% price rise since its opening on Monday. With tensions not easing in Lebanon, more risk is being priced in after headlines emerged that Israel was seeking greenFxstreet
Oct 4, 2024
Gold price remains range bound, looks to US NFP report for fresh directional impetus
Gold price (XAU/USD) extends its sideways consolidative price move in a familiar range held since the beginning of the current week as traders await a fresh catalyst before positioning for the next leg of a directional move.Fxstreet
Oct 4, 2024
