WTI/USD – US Crude Slides Below $45 on Soft Crude Inventories Report
US crude prices have reversed directions and dropped sharply on Wednesday, wiping out Tuesday’...
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AUD/USD – Steady Ahead of Aussie Employment Report
The Australian dollar is showing limited movement on Wednesday, following considerable gains which m...
GBP/USD – Pound Jumpy Ahead of BoE Rate Decision
The British pound has shown movement in both directions on Wednesday but is unchanged over the cours...
USD/JPY – Slumping Yen Falls to 3-Week Low
The Japanese yen has taken a breather on Wednesday, following strong losses in the Tuesday session.Â...
What’s The BoE To Do?
The Bank of England (BoE) is expected to cut its benchmark interest rate to a new record low (+0.25%...
EUR/USD – Euro Remains Subdued as Markets Look for Cues
EUR/USD has posted small gains on Wednesday, as the pair continues to drift this week. The pair is t...
AUD/JPY and the Nikkei. Wood to chop topside.
For all the talk of stimulus and helicopter money overnight and the general shift to “risk on&...
CAD Higher Ahead of Bank of Canada Monetary Policy Report
The Canadian Central Bank is Not Expected to Act in 2016 The Bank of Canada (BoC) will be thankful f...
XAU/USD – Gold Slide Continues as Risk Appetite Improves
Gold has posted losses on Tuesday, continuing the downward trend which marked the Monday session. Th...
WTI/USD – US Crude Jumps as OPEC Projects Lower US Oil Production
US crude prices have posted sharp gains on Tuesday, as WTI/USD futures are trading at $46.61 per bar...
USD/CAD Loonie Rebounds After Risk Appetite Returns Ahead of BOC
The Canadian dollar broke through the 1.31 price level and is aiming to end lower than 1.30 after th...
AUD/USD – Aussie Jumps on Strong NAB Business Confidence Report
The Australian dollar has posted strong gains on Tuesday, as AUD/USD is trading above the 0.76 line ...
Saudi Energy Minister Says Oil Price Above $50 Needed for Balance
The oil industry needs a price of more than $50 per barrel to sustain investments, Saudi energy mini...
Oil Bounces From 2 Month Low Due to Soft USD
Crude futures bounced back from two-month lows on Tuesday, helped by a weaker dollar, but an oil sto...
Tokyo Stocks Higher After Easing Yen and Stimulus Promises
Tokyo stocks closed over 2 percent higher Tuesday, with the Nikkei index recovering to the 16,000 le...
Japanese PM Orders Stimulus Measures to Fight Deflation
Prime Minister Shinzo Abe ordered his ministers Tuesday to compile economic stimulus measures to ove...
Gold Purchases Rise in Japan
Tetsushi Kudo, a 50-year-old office worker, bought a one-ounce gold coin this month for the first ti...
UK Policymakers were Warned about Property Funds Withdrawals
The Bank of England was warned of the possibility that commercial property funds may be suspended be...
Japan Expected to Cut Consumer Inflation Forecasts in 2016
Japan’s government is expected to cut its consumer inflation forecast for the current fiscal y...
OPEC Hopeful Market Will Soak Excess Supply in 2017
With global oil demand growth forecast to rise in 2017 and non-OPEC supply expected to fall, OPEC sa...