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Fundamental Analysis Posted 3 hours ago

Oil holds $90 as Middle East tensions persist

News
Oil prices remain supported near $90/barrel amid escalating Middle East tensions and attacks on vessels in the Strait of Hormuz. While geopolitical risk typically strengthens safe-haven currencies like JPY and CHF, this theme is faded—markets have already priced in regional instability. Without new, concrete escalation moving prices right now, the catalyst for fresh FX directional moves remains absent.
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