Middle East

Middle East developments remain the principal lodestar for FX traders, and unless there’s a material shift, dollar’s losses will likely be limited, and it may even find a floor around current levels. As such, the EUR/USD forecast is still subjective to increased volatility as investors await further developments in the Middle East.

The Israel-Iran situation remains tense, keeping Bent oil steady near $75 handle. For the reason, the near-term risks for the EUR/USD forecast remains tilted to the downside.

The oil market volatility has not been enough to convincingly spark a rally in the dollar yet, which is helping to keep the EUR/USD forecast in an overall bullish direction. But could that change, soon?

Gold may have cooled from its recent highs but make no mistake—the precious metal is far from out of the spotlight.

There is little doubt about the gold outlook which remains positive amid raised geopolitical risks in the Middle East, ongoing trade tensions that don’t seem to go away and multiple other factors. The response of Iran is now going to be key.

Crude Oil Week Ahead: Tariff concerns weigh on oil demand forecasts and geopolitical tensions elevate supply risks; this dual pressure is stalling oil’s rebound near the $70 per barrel mark ahead of Liberation Day and U.S. Nonfarm Payrolls (NFP) week.

Crude Oil Week Ahead: Oil prices remain range-bound, caught between rising Middle East tensions and potential Russia–Ukraine peace deals. While peace deals could amplify oversupply and weak demand concerns, escalating conflict may lift risk premiums and temporarily support prices.

Crude Oil Week Ahead: After OPEC’s fifth downward revision for 2024 oil forecasts and additional cuts for 2025, crude oil prices stabilized near their 4-year support zone, buoyed by China’s stimulus commitments and significant Middle East reforms. Will it hold on FOMC week?

Crude Oil, Gold Forecast: Following China’s commitment to a moderately loose monetary policy in 2025, demand sentiment for Chinese oil and gold has surged, pushing crude oil above $70 and gold above $2,700. Middle East tensions continue to reinforce support levels for these commodities as drastic regional developments unfold.

Crude Oil Week Ahead: The bearish outlook on oil prices for 2025 is colliding with significant Middle Eastern reforms. OPEC’s decision to extend its output cuts into 2025 has stabilized oil prices near their 4-year support zone, which will be tested this week by Chinese economic data, US inflation reports, and Middle East developments.

Bitcoin, Gold Analysis: Ceasefire agreements are transitioning from speculation to reality ahead of the holiday season and Trump’s upcoming term. Gold’s rally has stalled below the $2,700 mark as haven demand wanes, while Bitcoin has retreated slightly below the psychological $100,000 level.