WTI edges lower below $63.50 on concerns over oil demand
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $63.40 during the early European trading hours on Thursday. The WTI declines amid concerns over the US economy and excess supplies.
Forex Today: Eyes on the BoE verdict after Fed’s cautious cut
Here is what you need to know on Thursday, September 18:
Crude Oil price today: WTI price bearish at European opening
West Texas Intermediate (WTI) Oil price falls on Thursday, early in the European session. WTI trades at $63.38 per barrel, down from Wednesday’s close at $63.63.Brent Oil Exchange Rate (Brent crude) is also shedding ground, trading at $67.28 after its previous daily close at $67.53.
Japanese Yen sticks to negative bias; looks to BoJ policy update for fresh impetus
The Japanese Yen (JPY) drifts lower for the second straight day on Thursday and retreats further from its highest level since July 7, touched against a broadly firmer US Dollar (USD) the previous day.
ECB’s Kazaks: There cannot be a pre-determined path for ECB
Speaking in a CNBC News interview on Friday, European Central Bank (ECB) policymaker Martins Kazaks said that “there cannot be a pre-determined path for the ECB.”
Crude oil price today: WTI price bearish at European opening
West Texas Intermediate (WTI) Oil price falls on Friday, early in the European session. WTI trades at $61.63 per barrel, down from Thursday’s close at $62.02.Brent Oil Exchange Rate (Brent crude) is also shedding ground, trading at $65.68 after its previous daily close at $66.08.
United Kingdom Total Trade Balance: £-5.26B (July) vs previous £-5.015B
United Kingdom Total Trade Balance: £-5.26B (July) vs previous £-5.015B
UK GDP arrives at 0% MoM in July, as expected
The UK economy stalled in July, with the Gross Domestic Product (GDP) arriving at 0% following a 0.4% rebound in June, the latest data published by the Office for National Statistics (ONS) showed on Friday.
USD/CAD Price Forecast: Likely to find resistance at the 1.3825 area
The US Dollar is trading higher for the fourth consecutive day against the Canadian Dollar.
Forex Today: Gold corrects from record-high, USD awaits key data releases
Here is what you need to know on Thursday, September 4:
AUD/JPY Price Forecast: Tests confluence support zone near 96.50, nine-day EMA
AUD/JPY halts its winning streak that began on August 21, trading around 96.70 during the early European hours on Thursday. The technical analysis of the daily chart shows that the currency cross is positioned within the ascending channel pattern, suggesting a prevailing bullish bias.
Japanese Yen sticks to negative bias against USD; lacks bearish conviction ahead of US data
The Japanese Yen (JPY) remains on the back foot against its American counterpart through the early European session on Thursday amid a combination of negative factors.
France HCOB Manufacturing PMI above expectations (49.9) in August: Actual (50.4)
France HCOB Manufacturing PMI above expectations (49.9) in August: Actual (50.4)
EUR: French government looks likely to fall in September – ING
Hitting EUR/USD late on Monday was the surprise announcement from French Prime Minister François Bayrou that he was calling a vote of confidence in his government’s fiscal austerity plans on 8 September.
USD/JPY consolidates near 147.90 as Fed’s Cook vows to stay
The US Dollar is regaining lost ground across the board amid a new twist in the Federal Reserve saga, as Governour Lisa Cook dismissed Trump’s call to resign and committed to carry on with her duties at the Central Bank.
Dow Jones futures fall as traders adopt caution due to Fed independence concerns
Dow Jones futures fall by 28% to trade around 45,200 during European hours on Tuesday, ahead of the opening of the United States (US) regular markets. Moreover, the S&P 500 futures decline by 0.26% to trade below 6,450, and the Nasdaq 100 futures fall by 0.30%, trading around 23,400.
Forex Today: Markets turn risk-averse as Trump renews tariff threats
Here is what you need to know on Tuesday, August 26:
WTI tumbles to near $64.50 amid Russia-Ukraine supply concerns
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $64.60 during the early Asian trading hours on Tuesday. The WTI edges lower as traders assess the prospects of additional US tariffs on Russia.
USD/CHF holds above 0.8050 as Fed Governor Cook refuses to resign
USD/CHF extends its gains for the second successive session, trading around 0.8060 during the Asian hours on Tuesday.
France Consumer Confidence came in at 87 below forecasts (90) in August
France Consumer Confidence came in at 87 below forecasts (90) in August