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The USD/JPY pair initially fell by about 40 points to a low of 158.41, but has since rebounded to 158.67.
2026-08-10
The USD/JPY pair initially fell by about 40 points to a low of 158.41, but has since rebounded to 158.67.
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2026-08-10
Oil rose on Monday after Iran and Oman failed to reach an agreement over the weekend to reopen the Strait of Hormuz and Houthi forces claimed an attack on a Saudi refinery near the Red Sea. Brent briefly approached $84/bbl and WTI reached $78.5/bbl,
Oil rose on Monday after Iran and Oman failed to reach an agreement over the weekend to reopen the Strait of Hormuz and Houthi forces claimed an attack on a Saudi refinery near the Red Sea. Brent briefly approached $84/bbl and WTI reached $78.5/bbl, both up nearly 3%. Karobar Capital CIO Haris Khurshid said: "As long as the market is pricing a possibility of supply disruption rather than certainty of normalization, sentiment will remain bullish. I think geopolitical risk will continue to support crude until we see actual oil flows return to normal."
2026-08-10
Japan Meteorological Agency: El Nifio has persisted since spring 2026.
Japan Meteorological Agency: El Nifio has persisted since spring 2026.
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