GBP/USD – Pound Higher After Solid UK Job Numbers, Fed Statement Next
GBP/USD has posted gains in the Wednesday session. In North American trade, the pair is trading at t...
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U.S. Factory Production Drops for First Time in Three Months
U.S. factory output dropped in November for the first time in three months, showing an anemic recove...
OPEC Signals Larger Oil Surplus, Unless Cuts Implemented
OPEC on Wednesday signaled a growing oil supply surplus next year unless members implement their dea...
U.S Wholesale Prices Rise in November
Wholesale prices in the U.S. rose from a year earlier by the most since 2014 as food costs and retai...
U.S Retail Sales Increased Less Than Forecast
Sales at U.S. retailers rose less than forecast in November, representing a pause in spending after ...
USD/CAD – Canadian Dollar Steady Ahead of Fed Rate Statement, US Posts Mixed Numbers
The Canadian dollar has edged lower in the Wednesday session. In North American trade, USD/CAD is tr...
Will the Fed Deliver a Wake-Up Call to Markets?
US futures are trading relatively flat ahead of the open on Wednesday, with traders opting for the c...
USD/JPY – Yen Quiet as Tankan Indices Meet Expectations
USD/JPY is steady on Wednesday, as the pair trades at the 115 line. On the release front, the Japane...
Fed Lift Off Starts Today – What Else Should We Expect?
Wednesday December 14: Five things the markets are talking about Today’s Fed meeting is of cri...
EUR/USD – Euro Steady Ahead of Expected Fed Hike
The euro is showing limited movement in the Wednesday session. Currently, EUR/USD is trading at 1.06...
US Federal Reserve to End Year with Interest Rate Hike
Fed faces different market conditions than a year ago The last interest rate hike came in December 2...
XAU/USD – Gold Steady Ahead of Expected Rate Hike
Gold prices have edged higher in the Tuesday session. In North American trade, the spot price for an...
GBP Struggles at Highs Despite Inflation Boost
Senior Market Analyst Craig Erlam discusses the UK inflation data and gives his analysis on GBPUSD, ...
WTI/USD – US Crude Unchanged, Fed Decision Looms
US crude posted slight gains on Tuesday but then retracted. In the North American session, WTI/USD f...
GBP/USD – Pound Edges Higher as CPI Beats Estimate
GBP/USD has posted slight gains in the Tuesday session. In North American trade, the pair is trading...
USD Higher Awaiting Fed Decision
The dollar steadied against the yen and euro on Tuesday after its weakest day in a week, with market...
Gold Weaker Ahead of FOMC Statement
Gold prices are again modestly lower in early U.S. trading Tuesday and hovering not far above Monday...
Hedge Funds Bullion on Oil After OPEC Cut
Hedge funds were badly caught out by the production cuts announced by OPEC at the end of last month,...
Russian Energy Minister to Discuss Cuts with Oil Companies this Week
Russian Energy Minister Alexander Novak said he would discuss with Russian oil companies on Wednesda...
Oil Higher on OPEC and Other Major Producers Agreement
Oil prices rose on Tuesday, supported by strong demand in Asia and supply cuts by Abu Dhabi, Kuwait ...