Euro (EUR) gains slowed overnight, in line with our caution. EUR was last at 1.18 levels, OCBC's FX analysts Frances Cheung and Christopher Wong note.
The USD/CNH pair extends its sideways consolidative price move for the third straight day on Thursday and remains close to the year-to-date low touched earlier this week.
West Texas Intermediate (WTI) Crude Oil continues to trade in a narrow range on Wednesday, consolidating after a sharp selloff triggered by the Iran–Israel ceasefire, as geopolitical risk premiums unwind and traders reposition ahead of the upcoming Organization of the Petroleum Exporting Countries a