Oil Climbs After Surprise Drawdown in Gasoline Inventories
Oil futures climbed on Wednesday to their highest in more than a week despite a surprise build in cr...
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OPEC Getting Higher Oil Revenues Than Last Year
Haldane’s comments raised speculation that the Bank is coming close to reversing the emergency qua...
BoE Deputy Governor Backs Carney on Holding Rates
The battle lines for a key Bank of England decision on interest rates have been made clearer after d...
Fed’s Kashkari Asks What’s the Rush? on Raising Rates
With inflation low and wages showing little sign of an upward surge, the U.S. Federal Reserve should...
Market Really Wants to be ‘Long Euro’ – Craig Erlam, Oanda
Craig Erlam, Senior Market Analyst at Oanda says the sharp rally in the EUR on the back of slight ha...
GBP/USD – Is the BoE Considering a Hike? (Video)
We’ve been getting very mixed messages recently from the Bank of England which would suggest p...
Gold Edges Higher, Markets Nervously Eye US GDP
Gold has edged higher on Wednesday. In the North American session, spot gold is trading at $1249.56 ...
GBP/USD – Pound Punches Above 1.29 on Carney’s Rate Comments
The British pound has posted considerable gains in the Wednesday session. In North American trade, G...
USD/JPY – Yen at 6-Week Lows, Markets Eye Kuruda Speech
USD/JPY is trading quietly on Wednesday, as the pair trades at 112.20 in the North American session....
Cunliffe Supports Carney on Interest Rates
Bank of England deputy governor Sir Jon Cunliffe has joined the debate over raising UK interest rate...
CAC Ticks Lower, Investors Look for Cues
The CAC index is showing little movement in the Wednesday session. Currently, the index is down 0.07...
Markets Incorrectly Interpreted Draghi Comments
European Central Bank President Mario Draghi intended to signal tolerance for a period of weaker inf...
Eurozone Slack Looks Worse Than Thought
The difference between current and potential levels of output in the euro area economy could be grea...
Senate Republicans Delay Obamacare Vote
U.S. Senate Republican leaders postponed a vote on a healthcare overhaul on Tuesday after resistance...
Yellen Sees No New Financial Crisis in Our Lifetime
U.S. Federal Reserve Chair Janet Yellen said on Tuesday that she does not believe that there will be...
Are Central Banks Turning More Hawkish?
Focus will once again be on the central banks on Wednesday, with heads from a number of them schedul...
DAX Lower, Investors Await German CPI
The DAX index has lost ground in the Wednesday session, continuing the downward trend which marked t...
EUR/USD – Energized Euro Hits 11-Month High on Draghi Remarks
The euro has posted slight gains in the Wednesday session, adding to sharp gains on Tuesday. Current...
USD/CAD Canadian Dollar Higher as Oil Price Bounces
The Canadian dollar rose on Tuesday after oil prices rebounded from yesterday’s losses and the...
Weekly FX Update – 27 June 2017 (Video)
In this week’s FX update, Senior Market Analyst Craig Erlam discusses this week’s possib...