
Gold Slides Below $4,400 as Fed Hike Bets and Mideast Jitters Revive USD Demand
Gold slides below $4,400 as Fed hike bets and Mideast jitters revive USD demand. Chart stamps C4,431.42 / H4,440.74 (+0.43%).

Gold slides below $4,400 as Fed hike bets and Mideast jitters revive USD demand. Chart stamps C4,431.42 / H4,440.74 (+0.43%).

NZD/USD prints 0.5836 then 0.5843 as bears test the 200-day SMA near 0.5850–0.5854. Risk-off oil and a China imports miss weigh on the kiwi.

GBP/JPY prints a fresh YTD low near 207.00, then trades mid-208.00s still down 0.25%. BoJ Sep 17–18 path after wages and faster GDP.

Suez Canal traffic gathers pace as Hormuz tensions reroute ships. July stamps 1,340 vessels (+27% YoY) and $505M revenue; SCA FY path $5.8B–$6B. Hormuz is not reopened.

WTI climbs above $92.00 to its highest since July 23 on Hormuz supply concerns. Chart stamps C92.05 / H92.12 (+1.42%); Hormuz is not reopened.

CENTCOM struck three IRGC crude carriers on 5 September after ballistic missiles toward two US Navy ships. Adm. Brad Cooper set the cost message. Reuters stamps Tehran’s counterclaim on Hormuz routes. Iran’s Rezaei flagged a new restricted maritime zone — attributed claims only.

USD/CAD slips near 1.3780 (−0.25%) as surging oil lifts the Canadian dollar. A separate stamp is 1.3783; WTI is near $91.50. Hormuz is not reopened.

WTI slips below $90.50 to around $90.40 in Asian trade Tuesday despite rising Middle East supply risks. Jazan damage limited; Iran–Oman Hormuz pact nearing; Hormuz is not reopened.

WTI trades around $91.15 on Monday — its highest since July 24 — as Middle East supply risks stay elevated after weekend US–Iran attacks. Hormuz is not reopened; OPEC+ held October policy.

Saudi Aramco’s Jizan oil facilities were hit on Monday, the Financial Times reported citing sources. WTI surged back above $90 to about $90.40 (+1.27%). Hormuz is not reopened.

Iraq is hiring multiple tankers via state-run Iraqi Oil Tankers Co. to transit the Strait of Hormuz, a cabinet-approved step confirmed by a government spokesman.

Laden Qatari LNG tanker Al Marrouna is nearing the Strait of Hormuz Monday after loading in Qatar early last month, with Port Qasim listed as a potential Thursday arrival. It is unclear if it continues through; Hormuz is not reopened.