« Back
Loading…
News Image

Crude Oil, Silver Price Outlook: WTI Slides to 91, Silver Surges Above 76

WTI slides back toward 91, while silver surges above 76 as easing US–Iran tensions once again shift market sentiment, bringing key technical levels and the potential reopening timeline of the Strait of Hormuz into focus.
Date: 06.05.2026  |  Source: forex.com
Read Full Story

Stay Informed!

Follow us on social media so you don't miss important news:

Get smart forecasts, analytics, and valuable insights — install our mobile app for even more power!

Quotes

Instrument Price Change (%)
EURUSD 1.178780 +0.81074%
GBPUSD 1.363510 +0.72022%
USDJPY 155.810000 -1.30487%
XAUUSD 4718.085000 +3.52274%
USDCAD 1.359630 -0.16521%
NZDUSD 0.598100 +1.677%
USDCHF 0.777760 -0.64511%
AUDUSD 0.726330 +1.12693%
EURGBP 0.864510 +0.16336%
EURJPY 183.672000 -0.486%
GBPJPY 212.465000 -0.6653%
AUDJPY 113.170000 -0.14206%
CADJPY 114.596000 -1.12425%
CHFJPY 200.328000 -0.63046%
NZDJPY 93.197000 +0.42023%
GBPCHF 1.060450 +0.010374%
EURCHF 0.916770 +0.10592%
USDMXN 17.204300 -0.95965%
USDZAR 16.307890 -2.11233%
USDTRY 45.218420 -0.0046%
USDRUB 74.590000 -1.19941%
USDSEK 9.179800 -0.64528%
USDCNY 6.811500 -0.26356%

Upcoming Important Events

Time Country Event Forecast Previous
06.05.2026
14:00 🇨🇦 Ivey PMI (Apr) 49.9 49.7
07.05.2026
01:30 🇦🇺 Balance of Trade (Mar) 4.25 5.686
08.05.2026
12:30 🇺🇸 Non Farm Payrolls (Apr) 60 178
12:30 🇨🇦 Unemployment Rate (Apr) 6.7 6.7
14:00 🇺🇸 Michigan Consumer Sentiment (May) 49.5 49.8
09.05.2026
03:00 Balance of Trade (Apr) 82.4 51.13
03:00 Exports YoY (Apr) 2.5
03:00 Imports YoY (Apr) 27.8
11.05.2026
01:30 Inflation Rate YoY (Apr) 1
14:00 🇺🇸 Existing Home Sales (Apr) 3.98