Daily market news

04:00 - 27.07.2026
Author:
OANDA News
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WTI remains heavily offered near $84.00 amid hopes for de-escalation in US-Iran conflict

West Texas Intermediate (WTI) – the benchmark US Crude Oil price – opens with a bearish gap at the start of a new at the start of a new week and retreats further from its highest level since June 8, around the $92.25 zone, touched last Thursday.

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forex Forex
22:00 - 24.07.2026
Author:
OANDA News
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NZD/USD Price Forecast: Tests 0.5800 as bullish momentum fades

The New Zealand Dollar gains over 0.30% against the US Dollar, poised to test key resistance levels, with the 50-day Simple Moving Average (SMA) at 0.5793, slightly below the 0.5800 figure. At the time of writing, the NZD/USD trades at 0.5789, after bouncing off daily lows of 0.5767.

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commodities Commodities
20:00 - 24.07.2026
Author:
OANDA News
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Silver Price Forecast: XAG/USD consolidates as bulls struggle to clear the 21-day SMA

Silver (XAG/USD) edges higher on Friday as a pullback in Oil prices pushes US Treasury yields lower, while the US Dollar (USD) fluctuates near recent highs. At the time of writing, XAG/USD trades around $58.60, up 2.40% on the day.

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16:00 - 24.07.2026
Author:
OANDA News
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WTI Price Forecast: Bulls retest 100-day SMA as momentum stays bullish

West Texas Intermediate (WTI) eases on Friday as traders lock in profits following a 6% jump the previous day. However, the widening Middle East war limits the downside as supply risks intensify around two major energy-shipping routes, the Strait of Hormuz and Bab el-Mandeb.

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commodities Commodities
15:00 - 24.07.2026
Author:
OANDA News
oanda_news

Silver Price Forecast: XAG/USD recovers as the US Dollar eases

Silver (XAG/USD) trades around $58.55 at the time of writing on Friday, up 2.24% on the day, benefiting from a modest pullback in the US Dollar (USD) following its recent rally.

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forex Forex
10:00 - 24.07.2026
Author:
OANDA News
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Forex Today: New wave of US tariffs, deepening Middle East conflict keep markets on edge

Here is what you need to know on Friday, July 24:

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forex Forex
09:00 - 24.07.2026
Author:
OANDA News
oanda_news

AUD/USD Price Forecast: Surging US bond yields warrant downside

The Australian Dollar (AUD) trades marginally higher at around 0.6976 against the US Dollar (USD) during the European trading session on Friday.

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08:00 - 24.07.2026
Author:
OANDA News
oanda_news

WTI Price Forecast: Falls to near $90.00, while bullish structure stays intact

West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $90.05 during the early European trading hours on Friday. WTI tumbles as traders book some profits.

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forex Forex
07:00 - 24.07.2026
Author:
OANDA News
oanda_news

EUR/JPY Price Forecast: Eyes rising wedge top near 187.00

EUR/JPY extends its gains for the fourth consecutive day, trading around 186.50 during the Asian hours on Friday. The currency cross is maintaining a bullish near-term bias as price holds above both the nine-period and 50-period Exponential Moving Averages (EMAs).

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04:00 - 24.07.2026
Author:
OANDA News
oanda_news

10% weekly surge: WTI holds above $90.00 amid Middle East escalation

West Texas Intermediate (WTI) oil price halts its three-day winning streak, trading around $90.20 per barrel during the Asian hours on Friday. However, WTI crude price is on track to surge over 10% this week.

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22:17 - 17.08.2023
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OANDA FX
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China’s Evergrande propels debt woes by filing for bankruptcy protection in US court

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China’s second-large realtor, as well as the world's most heavily indebted property developer, Evergrande filed for protection from creditors in a US bankruptcy court on Thursday, per Reuters.

The news came in after the real-estate company posted a combined $81 billion loss for 2021 and 2022 at the latest.

Along with the Evergrande, Tianji Holdings, a related company, also sought Chapter 15 protection in Manhattan bankruptcy court, said the news.

That said, Evergrande shares are not trading since 2022 as the company shook markets by missing bond payments.

It’s worth noting that the news crosses wires amid concerns about the financial health of China’s biggest realtor, namely Country Garden, as it missed the bond payment and is undergoing a 30-day grace period.

Market reaction

Given the looming concerns about China’s debt crisis and the real-estate woes, the news could add strength to the present risk aversion. However, the AUD/USD awaits more clues to react to the updates, making rounds to 0.6400 at the latest. 

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