West Texas Intermediate (WTI) rebounded on Friday, recovering from a fresh 12-week low set early in the day at $76.03. The benchmark US crude remains down on the week, in the red
Markets are busy wishful thinking about the Federal Reserve cutting interest rates after U.S. inflation eased slightly in April, and they are ignoring the facts, warned the CEO of a leading independent
The GBPUSD pair extended its upside near 1.2688 during early Asian trading on Thursday, supported by a weaker Greenback after the release of softer US CPI inflation data. Later in the day,
The EURUSD pair refreshed its monthly high near 1.0870 in Wednesday’s early New York session. The major currency pair strengthened as the U.S. Consumer Price Index eased in line with CPI estimates and the
The USDJPY pair dropped sharply to 155.50 in early European trading on Wednesday, as the US Dollar extends its losing spell for the third trading session. The DXY Dollar Index has dropped
The price of gold (XAUUSD) extended its upside near $2,360 on Monday during early Asian trading, as the rising geopolitical tensions in the Middle East boost safe-haven flows and benefit precious metals.
The European currency is under pressure on Tuesday as the Euro trades close to a five-month low against the dollar near the round-level support of 1.0600. The EURUSD currency pair is vulnerable
The USDJPY pair was trading late Friday at 152.95, with a modest loss of 0.17%. Despite a drop in consumer confidence in the US, indicated by the University of Michigan’s (UoM) Consumer
West Texas Intermediate (WTI) is struggling to capitalise on the previous day’s goodish bounce from the $84.00 mark, or over a one-week low and oscillating in a narrow band during Asian trading
The Federal Reserve is expected cut rates only once this year, and the next will not be until January 2025, said the CEO of leading financial advisory and fintech deVere Group after
