Business activity in Australia construction sector contracts. US Dollar Index posts small daily gains on Wednesday. FOMC members Barkin and Daly will speak later. The AUD/USD pair came under modest selling pressure during the Asian trading hours and dropped...
JPY and SEK are the top G10 FX gainers today, up 0.01% and 0.0% vs the dollar while GBP and NZD are the top losers, down -0.9% and -0.25% vs the dollar. The forex market continued to remain wary...
The price of crude oil rose in the American session after the API released inventories data. Numbers showed that crude inventories declined by more than 11 million barrels in the past one week. This was much lower than what...
NZD and SEK are the top G10 FX gainers today, up 0.28% and 0.1% vs the dollar while GBP and CHF are the top losers, down -0.38% and -0.28% vs the dollar. The EUR fell as the U.S. dollar...
According to FX Strategists at UOB Group, the Kiwi Dollar is unlikely to test the 0.6300 support in the near term at least. Key Quotes 24-hour view: “While we expected NZD to weaken yesterday, we were of the view...
The price of crude oil declined in overnight trading, even after the EIA released slightly bullish inventories numbers. The data showed that inventories declined by more than 2.7 million barrels in the past week. This was a higher decline...
OPEC’S MARKET SHARE SINKS AMID OUTPUT CUT POLICY – WTI REGAINS $ 56 MARK The latest Organization of the Petroleum Exporting Countries (OPEC) data relevant to the oil markets show that the cartel’s share of the global oil market has...
The price of crude oil declined in overnight trading, even after the EIA released slightly bullish inventories numbers. The data showed that inventories declined by more than 2.7 million barrels in the past week. This was a higher decline...
US futures rose sharply as investors’ fear about trade and an inverted yield curve waned. The Dow and Nasdaq are set to rise by 228 and 85 points respectively. During the week, investors were worried after yield curves in...
The price of crude oil fell deep into the bear territory after the EIA released inventories data for the past week. Numbers showed that inventories rose by 2.35 million barrels. This was higher than the drawdown of 2.84 million...
