The Dow Jones found new all-time highs on Friday before trimming gains. US consumer sentiment took…
Category: Forex
Trump and Putin joint press conference ends with no deal
United States (US) President Donald Trump and Russian President Vladimir Putin concluded an initial face-to-face meeting…
At make or a break near $62
The Oil price trades lower at around $62.50 ahead of the Trump-Putin meeting. US President Trump…
Trump after Putin meeting: We have a very good chance of getting peace in Ukraine
High risk warning: Foreign exchange trading carries a high level of risk that may not be…
GBP holds a solid gain on the week – Scotiabank
With no local developments or data of note to drive markets, the GBP’s rebound today reflects…
Any advance may be limited to a test of 148.20 – UOB Group
US Dollar (USD) could rebound further; overbought conditions suggest any advance may be limited to a…
Gold price falls after unexpectedly strong US producer price data – Commerzbank
The Gold price came under pressure yesterday following the publication of US producer prices. These rose…
USD/CNH is expected to trade in a sideways range of 7.1750/7.1880 – UOB Group
Momentum indicators are turning flat; US Dollar (USD) is expected to trade in a sideways range…
OPEC predicts tight Oil market – Commerzbank
In its monthly report, OPEC has slightly raised its forecast for Oil demand next year, Commerzbank’s…
US EIA expects an oversupply, lower oil prices, and falling US oil production – Commerzbank
The US Energy Information Administration (EIA), in contrast, has significantly revised its estimate of the supply…