Janet Yellen Submits Resignation to Fed
Yellen told President Trump in a letter on Monday that she will step down from the Fed’s Board...
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The Trump Administration Increases North Korean Sanctions
The Trump administration intensified pressure on North Korean leader Kim Jong Un to disband his nucl...
GBP/USD – British Pound Looking for Footing
The British pound moved higher on Monday, but has given up these gains. In North American trade, GB...
Jim O’Neill Thinks Brent Could Surge to $80
Closely followed economist Jim O’Neill thinks Brent crude oil might surge to $80 a barrel in t...
US Home Purchases Reached Strongest Level in 10 Years
U.S. purchases of new homes unexpectedly advanced in broad fashion last month, reaching the stronges...
OPEC Set to Announce Extension of Production Cut
OPEC ministers head to Vienna on Thursday to decide whether to extend output cuts beyond March next ...
Inflation Views a Highlight of Jerome Powell’s Confirmation
At this week’s confirmation hearing of Jerome Powell for Federal Reserve chairman, his views o...
Gold Pushes Higher as Dollar Sags
Gold has jumped on the bandwagon, as the US dollar is broadly lower in the Monday session. In North ...
USD on the Back Foot Again
Central Bankers in Focus on Monday It’s been a relatively slow start to what is otherwise likely t...
USD/JPY – Dollar Drops Below 111 Yen, US Housing Report Next
The Japanese yen has posted gains in the Monday session. In North American trade, USD/JPY is trading...
USD/CAD – Canadian Dollar Dips, Markets Eye Powell Testimony
The Canadian dollar is down slightly in the Monday session. Currently, USD/CAD is trading at 1.2683,...
DAX Starts off Week with Gains
The DAX index has started the week with gains. In the Monday session, the DAX is at 13,101.50, up 0....
EUR/USD – Lack of Events Leaves Euro Unchanged
The euro has started the week with little movement. In the Monday session, EUR/USD is trading at 1....
Baker Hughes Gives WTI The Blues
Oil trading shows signs of life in Asia trading with, WTI dropping on a higher Baker Hughes while ...
Dollar Drops in Thanksgiving Week with US Taxes in Spotlight
December Fed rate hike priced in but fundamentals favour EUR The US dollar depreciated on Friday tou...
OPEC and Russia Agree on Outline of Output Cut Extension
OPEC and Russia have crafted the outline of a deal to extend their oil production cuts to the end of...
German Business Optimism Hits Record High
German companies are more confident than ever as they tap into the global economic upswing.A measure...
USD/CAD – Canadian Dollar Inches Higher, Investors Search for Cues
The Canadian dollar has ticked lower in the Friday session. Currently, USD/CAD is trading at 1.2715,...
Has Putin Become OPEC’s Most Influential Player?
For more than half a century, Saudi Arabia’s oil minister could move markets with a few choice wor...
SPD Reopen Door to Talks With Merkel
Germany’s Social Democrats (SPD) appeared close to dropping their opposition to renewing cooperati...