Oil prices jumped on Monday following the failure of the peace talks between the US and Iran and the US pledge to block the Strait of Hormuz.
Forex
The USD/JPY pair opens with a bullish gap at the start of a new week, though it lacks follow-through buying and remains below the 160.00 psychological mark heading into the European session.
Commodities
Silver price (XAG/USD) claws back half of its early losses and rebounds to near $74.35 during the early European trading session on Monday, but is still almost 2% down.
Forex
The GBP/USD pair opens with a bearish gap at the start of a new week and, for now, seems to have snapped a five-day winning streak to its highest level since late February, around the 1.3485 region set last week.
West Texas Intermediate (WTI), futures on NYMEX, trade 7.6% higher to near $98.00 during the Asian trading session on Monday.
Forex
The AUD/USD pair opens with a bearish gap at the start of a new week, though it lacks follow-through and recovers around 40 pips from the Asian session low levels below the 0.7000 psychological mark.
West Texas Intermediate (WTI) – the US oil benchmark – has opened the week with a bullish gap, climbing roughly 8%, looking to retarget the $100 threshold.
April 10th, 2026 North-American Session Recap – Traders are already looking forward to Monday after a Market rocking week. US-Iran talks should commence this weekend, keeping Markets alert. Check up the latest trends and developments, daily asset and FX performance, what changed fundamentally and what's coming up in the session ahead.
Commodities
Commodities Market update: The traditional safe-haven status of metals is put to the test as Gold, Silver, and Copper trace confusing price action through the Greenland Crisis and US-Iran conflict. With precious metals rebounding on ceasefire rumors rather than escalating fears, historic market correlations are breaking down. Explore a Daily timeframe technical analysis to see if technicals can untangle the future of XAU/USD, XAG/USD, and XCU/USD.
Commodities
President Donald Trump increases pressure on Iran ahead of direct talks in Islamabad, while the closure of the Strait of Hormuz and renewed fighting in Lebanon threaten a fragile Middle East ceasefire.
