Crude Oil Prices Eyeing $70 Amid Viral Concerns, Small Stockpiles Draw

Crude Oil Prices Eyeing $70 Amid Viral Concerns, Small Stockpiles Draw https://www.dailyfx.com/forex/market_alert/2021/08/04/Crude-Oil-Prices-Eyeing-70-amid-Viral-Concerns-Small-Stockpiles-Draw-.html WTI crude oil prices are hovering below $71/bbl as traders mull the Covid-19 flareup around the world and its ramifications for energy demand. API reported a smaller-than-expected draw in crude inv…

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DailyFX - Market News FX

USD/CHF consolidates around 0.7950 as investors await US inflation data 18 December 2025

The USD/CHF pair trades in a tight range around 0.7950 during the late Asian trading session on Thursday. The Swiss Franc pair wobbles as investors await the United States (US) inflation data for November, which will be published at 13:30 GMT.

Australian Dollar dips as US Dollar strengthens on rate outlook 18 December 2025

The Australian Dollar (AUD) loses ground against the US Dollar (USD) on Thursday for the sixth successive day.

Saudi Arabia Gold price today: Gold falls, according to FXStreet data 18 December 2025

Gold prices fell in Saudi Arabia on Thursday, according to data compiled by FXStreet.

EUR/USD Price Forecast: Could test 1.1750 amid strengthening bullish bias 18 December 2025

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Gold price (XAU/USD) edges lower below $4,350 during the early European trading hours on Thursday. The precious metal retreats from seven-week highs amid some profit-taking and a rebound in the US Dollar (USD).

Philippines Gold price today: Gold falls, according to FXStreet data 18 December 2025

Gold prices fell in Philippines on Thursday, according to data compiled by FXStreet.

United Arab Emirates Gold price today: Gold falls, according to FXStreet data 18 December 2025

Gold prices fell in United Arab Emirates on Thursday, according to data compiled by FXStreet.

Tesla extends rally to historic high, pullback should find strong bid [Video] 18 December 2025

Tesla (TSLA) recently advanced to a new all‑time high, underscoring the strength of bullish momentum in the market. The short‑term Elliott Wave analysis indicates that the cycle from the November 14, 2025 low has concluded as a clear impulse structure.

Pakistan Gold price today: Gold falls, according to FXStreet data 18 December 2025

Gold prices fell in Pakistan on Thursday, according to data compiled by FXStreet.

USD/INR opens flat on hopes of RBI’s follow-through intervention 18 December 2025

The Indian Rupee (INR) opens on a flat note against the US Dollar (USD) on Thursday, with the USD/INR pair wobbling around 90.80. Investors anticipated a flat opening amid expectations that the Reserve Bank of India (RBI) could intervene again to support the Indian Rupee.

Japanese Yen remains confined in a range as traders await BoJ rate decision on Friday 18 December 2025

The Japanese Yen (JPY) extends its sideways consolidative price move through the Asian session on Thursday as traders opt to move to the sidelines ahead of the key central bank event risk.

India Gold price today: Gold falls, according to FXStreet data 18 December 2025

Gold prices fell in India on Thursday, according to data compiled by FXStreet.

AUD/JPY Price Forecast: Edges lower below 103.00, but stays supported above 100-day EMA 18 December 2025

The AUD/JPY cross declines to around 102.70 during the early European session on Thursday. The Japanese Yen (JPY) strengthens against the Australian Dollar (AUD) amid firming expectations for an imminent rate hike by the Bank of Japan (BoJ) this week.

Malaysia Gold price today: Gold falls, according to FXStreet data 18 December 2025

Gold prices fell in Malaysia on Thursday, according to data compiled by FXStreet.

EUR/JPY hovers near 183.00 amid concerns over Japan’s deteriorating fiscal outlook 18 December 2025

EUR/JPY holds ground after registering 0.51% gains in the previous session, trading around 182.90 during the Asian hours on Thursday. The currency cross holds steady as the Japanese Yen (JPY) remains under pressure amid worries about Japan’s weakening fiscal outlook.

US CPI data set to show inflation remained well above Fed target in November 18 December 2025

The United States (US) Bureau of Labor Statistics (BLS) will publish the all-important Consumer Price Index (CPI) data for November on Thursday at 13:30 GMT.

US Dollar Index (DXY) flat lines below mid-98.00s as traders await US inflation data 18 December 2025

The US Dollar Index (DXY), which tracks the Greenback against a basket of currencies, struggles to build on the previous day's modest recovery gains and oscillates in a narrow band during the Asian session on Thursday.

US President Trump: Next Fed chair will believe in lower interest rates 'by a lot' 18 December 2025

Speaking in a national address early Thursday, US President Donald ‌Trump said the next chairman of the ⁠‌Federal Reserve (Fed) will be ‍someone who believes in lower interest rates "by ‌a lot."

WTI tumbles to near $56 amid Ukraine peace talks 18 December 2025

West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $56.00 during the Asian trading hours on Thursday. The WTI price edges lower amid optimism over a peace agreement between Russia and Ukraine.

USD/CAD holds near 1.3800 amid market caution ahead of US CPI data 18 December 2025

USD/CAD holds position after registering modest gains in the previous session, trading around 1.3790 during the Asian hours on Thursday.

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Crude Oil Prices Eyeing $70 Amid Viral Concerns, Small Stockpiles Draw

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