Brent crude plunged 11% as Iran supply fears eased; Aramco boosted flows, IEA reserve release considered.
Gold slid under $5,200 as dollar firmed; oil retreated; traders await US CPI amid Middle East risks.
IEA oil release could ease Hormuz disruption briefly; focus shifts to today’s US CPI, with energy inflation rising.
DXY stalled below 99.7 as oil fell; fading safe-haven demand and restrictive Fed policy capped dollar gains.
Spain’s retail sales rose 4% year-on-year in January, accelerating from 2.9% previously, data shows.
EUR/USD stayed below 1.1650 as markets awaited US CPI; Danske sees slightly above-consensus data, limited impact.
G7 energy ministers support using strategic reserves; IEA considers record oil release amid Middle East tensions.
GBP/USD rose to 1.3450 as oil eased, conflict inflation fears faded, and softer dollar awaited CPI.
USD/CAD declines near mid-1.3500s as US rate-cut bets grow; technicals signal mild bearish momentum ahead.
Denison posted a $0.02 per-share loss; revenue beat estimates, and shares rose 43% year-to-date.
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