US Retail Sales Rebound to Boost Dollar
Dollar rally lost steam after Trump press conference The so called Trump rally in stocks and the dol...
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Demonetisation Trigged World Bank Downgrade to India’s Growth Forecast
The World Bank has downgraded the Indian economy’s growth forecast as sharp falls in the countryâ€...
XAU/USD – Gold Punches Above $1200 as Trump Speech Disappoints
Gold continues to move higher and has posted gains in the Thursday session. In North American trade,...
WTI/USD – US Crude Climbs to $53, Markets Eye Retail Sales and Consumer Confidence
US crude has moved higher in the Thursday session. In North American trade, US crude futures are tr...
GBP/USD – Pound Steady, US Jobless Claims Sparkles
The British pound pushed above the 1.23 line earlier on Thursday but was unable to consolidate and h...
OPEC Could Expand Cut Agreement by 6 Months
OPEC could extend its oil output cuts to the end of 2017, provided other producers continue to play ...
Fed’s Evans Says 4% US Growth Achievable But With Deep Economic Changes
Aggressive fiscal and other policies could for a time achieve President-elect Donald Trump’s g...
Gold Steady Despite Hawkish Fed
After pushing above $1,200 an ounce and hitting its highest levels since late November, gold could s...
Loonie Higher on Higher Oil and Struggling USD
The Canadian dollar strengthened to a near 3-month high against its U.S. counterpart on Thursday as ...
USD Lower After Trump Press Conference Disappoints
The U.S. dollar hit its lowest level in five weeks against a basket of major currencies on Thursday ...
OPEC Secretary General Expects Global Oil Inventories to Fall in Q2
OPEC expects to see global oil inventories fall by the second quarter of this year in response to pr...
Oil Prices Higher After OPEC Cuts Trickle In and Chinese Demand Grows
Oil prices jumped more than $1 a barrel on Thursday on news that key OPEC members were cutting produ...
Saudi Arabia Cut its Oil Production to 2 Year Low
Saudi Arabia has cut oil output to its lowest in almost two years, its energy minister said on Thurs...
US Weekly Jobless Numbers Rise Less Than Expected
The number of Americans filing for unemployment benefits rose less than expected last week and the u...
US Import Prices Rise in December Despite Strong USD
U.S. import prices rose in December, boosted by higher prices for petroleum products, but a strong d...
Fed’s Harker Sees 3 Rate Hikes in 2017
The U.S. economy is gathering enough strength to warrant three interest rate increases this year fro...
USD/CAD – Canadian Dollar Jumps as Trump Press Conference Disappoints
The Canadian dollar has posted sharp losses in the Thursday session. Currently, USD/CAD is trading a...
Fed Officials Up Next After Trump Spooks Markets
It may have been a slow start to the week for markets but things have certainly picked up over the l...
USD/JPY – Yen Higher as US Dollar Falters After Trump Theatrics
USD/JPY is considerably lower in the Thursday session. Currently, the pair is trading at 114.30. On ...
Lack of Details Unwind the Trumpflation Trade
Thursday January 12: Five things the markets are talking about U.S dollar bulls should be preparing ...