Japan’s Verbal Intervention Offers Yen Some Respite
Markets The dollar caught all market attention yesterday. Surging against everything and everyone, the trade-weighted […]
Rising Oil Prices Give Off a Foul Smell
Released yesterday, the European services PMI data came in softer than expected in all major […]
Price of Oil Sets Maximum of the Year
Yesterday, the price of WTI oil rose above USD 85.50 per barrel. This has not […]
RBA Remains on Hold, Chinese Sluggish Recovery Continues, UK Retail Sales Bounce Back
The Australian dollar fell further this morning despite the RBA holding interest rates steady and […]
A Slow Start to the Week as Germany Continues to Display Weakness
Not the most thrilling start to the week, with the US bank holiday naturally bringing […]
Soft US Jobs Data, Further China Stimulus Fuel Appetite
Last week ended on a positive note, and this week started with a solid risk […]
WTI Oil Technical: Risk of Countertrend Setback After Rallying a Year-to-Date High
Erased prior two weeks of consecutive losing streaks to trade a current year-to-date closing high […]
Dollar Stays Resilient after Volatile Week, Euro Falters as Worst Performer
In a week marked by high volatility, Dollar proved resilient, closing within its established range […]
Fed Could Not Have Hoped for a Better Week of US Jobs Data
If you’re a Federal Reserve official, you’ll find it hard not to be very pleased […]
Gold Price and Crude Oil Price Turn Green
Gold price is showing positive signs above the $1,925 pivot level. Crude oil price is […]