Crude Oil Futures: A deeper retracement appears not favoured

Pablo Piovano FXStreet

According to preliminary figures from CME Group for crude oil futures markets, investors trimmed their open interest positions for the fourth consecutive session on Wednesday, now by around 15.6K contracts. On the other hand, volume, advanced for the second consecutive day, this time by around 207.4K contracts.

WTI: Immediate up barrier emerges at $95.79

Tuesday’s decline in prices of the WTI was accompanied by shrinking open interest, indicative that a deeper pullback looks not favoured for the time being. Against that, crude oil prices could attempt to retest the YTD high at $95.79 per barrel (February 14).

Author

Pablo Piovano

FXStreet

Born and bred in Argentina, Pablo has been carrying on with his passion for FX markets and trading since his first college years.

AUD/USD holds losses above 0.7100 amid risk aversion

AUD/USD is off the lows but remains in the red above 0.7100 in Friday's Asian trading. Broad risk-aversion amid US-Iran uncertainty, combined with weak Australian GDP data, weighs heavily on the higher-yielding Australian Dollar. All eyes now remain on the US NFP report for fresh impetus.

USD/JPY coiling up around 160.00 amid 'Yentervention' threats

USD/JPY sits glued near 160.00 in Asia on Friday, as the Japanese Yen remains supported by persistent 'Yentervention' threats by Japan's officials. However, the pair's downside remains capped by the Mideast tensions-led risk-off mood and the US Dollar's bullish consolidation.

Gold keeps testing 200-day SMA ahead of the key US NFP data

Gold is reversing a part of the previous rebound early Friday, back around the $4,450 level as markets trade with caution amid a deadlock in the Gulf conflict and ahead of the all-important US Nonfarm Payrolls data release.

DeFi hack losses drop 80% from 2022 peak as security defenses improve — Immunefi

Losses from decentralized finance exploits have fallen by 80% since reaching a record high in 2022, according to a report released by Immunefi. The report, which analyzed exploit-driven losses across major blockchain ecosystems between 2020 and 2025, found that DeFi protocol losses declined from $2.62 billion in 2022 to $534 million in 2024.

Nonfarm payrolls: Testing the limits of Fed policy patience

The upcoming nonfarm payrolls report for May will provide the final update on the US labor market before Kevin Warsh attends his first policy meeting as the new Fed Chair later this month.

Recession on paper: What really moves the Canadian Loonie now?

Statistics Canada handed the headline writers a gift and the analysts a headache. Real GDP shrank 0.1% on an annualized basis in the first quarter, and with the fourth quarter of 2025 revised down to a 1.0% contraction, that is two negative quarters in a row, the textbook definition of a technical recession and Canada's first since the pandemic.