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About: josephine

Recent Posts by josephine

Oil slides as US-Iran deal hopes overshadow tightening inventories and record export-driven drawdowns

Oil prices slipped as Iran deal hopes rose, despite record US inventory draws and strong exports.

Dollar firms as rising US yields bolster Fed hike bets, while AI-led risk appetite caps gains

US dollar firms as yields rise; Fed minutes hint tightening, but inflation forecast tempers hikes; risk appetite limits gains.

Eurozone PMI slump and energy-driven inflation keep ECB on course for June rate rise amid Gulf risks

Eurozone PMI drops signal weak Q2 growth, but rising input costs strain ECB; June hike likely, energy risks.

Sterling consolidates near 1.3440 as weak PMIs and UK swap repricing fears weigh on outlook

GBP/USD steadies near 1.3440 as weak UK PMI dents sterling and traders trim BoE hike expectations.

USD/JPY hovers near 159 as intervention fears cap gains and traders eye options hedges

USD/JPY hovers near 159 amid intervention fears; falling yields and oil bolster yen, trade surplus lifts BOJ hopes.

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