Israel has increased airstrikes on the Rafah area.
The price of crude oil is still trading lower on a day at $82.20 that down around $-0.60 on the day..
Earlier today, Hamas official Abu Zuhri said:
Hamas will not be swayed by US pressure on issue of Gaza hostages.Firm on demand that Israel and the Gaza war as part of any deal to release hostages.
The wonder is how many hostages are there to release?
Spot gold is a 1%, and in the process is extending back above its 100 hour moving average at $2335.14
This article was written by Greg Michalowski at www.forexlive.com.