We moved back to more aggression in the Gulf over the weekend:Monday open FX (unlike the closed Strait of Hormuz). Indicative rates 20 April 2026.Early FX indicated the USD higher and therefore risk off. As is usual for a Monday morning, market liquidity is very thin until it improves as more Asian centres come online ... prices are liable to swing around, so take care out there. This article was written by Eamonn Sheridan at investinglive.com.