Cable Rockets & Gold hits T1 – Cable clocked a high of 1.3370, which is a new one-year high. Gold lost some altitude following the warmer U.S. CPI outcome, better claims data, and the dollar’s initial rally, taking the contract from $1,331 highs ahead of the open, to two-week lows of $1,320.56. Prices have since bounced to $1,331,78, as USD gains faded, and as reports circulated that N. Korea may be preparing for an ICBM test launch.

 

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AUD/USD keeps the red below 0.6400 as Middle East war fears mount

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AUD/USD is keeping heavy losses below 0.6400, as risk-aversion persists following the news that Israel retaliated with missile strikes on a site in Iran. Fears of the Israel-Iran strife translating into a wider regional conflict are weighing on the higher-yielding Aussie Dollar. 

AUD/USD News

USD/JPY recovers above 154.00 despite Israel-Iran escalation

USD/JPY recovers above 154.00 despite Israel-Iran escalation

USD/JPY is recovering ground above 154.00 after falling hard on confirmation of reports of an Israeli missile strike on Iran, implying that an open conflict is underway and could only spread into a wider Middle East war. Safe-haven Japanese Yen jumped, helped by BoJ Governor Ueda's comments. 

USD/JPY News

Gold price pares gains below $2,400, geopolitical risks lend support

Gold price pares gains below $2,400, geopolitical risks lend support

Gold price is paring gains to trade back below  $2,400 early Friday, Iran's downplaying of Israel's attack has paused the Gold price rally but the upside remains supported amid mounting fears over a potential wider Middle East regional conflict. 

Gold News

WTI surges to $85.00 amid Israel-Iran tensions

WTI surges to $85.00 amid Israel-Iran tensions

Western Texas Intermediate, the US crude oil benchmark, is trading around $85.00 on Friday. The black gold gains traction on the day amid the escalating tension between Israel and Iran after a US official confirmed that Israeli missiles had hit a site in Iran.

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Dogwifhat price pumps 5% ahead of possible Coinbase effect

Dogwifhat price pumps 5% ahead of possible Coinbase effect

Dogwifhat price recorded an uptick on Thursday, going as far as to outperform its peers in the meme coins space. Second only to Bonk Inu, WIF token’s show of strength was not just influenced by Bitcoin price reclaiming above $63,000.

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