US Crude Production Rises to All Time High
U.S. oil production surged to an all-time high in November, topping the previous record set nearly h...
Archive
Pound Slides as Tensions with EU Worsen
The British pound has posted sharp losses in the Wednesday session. In North American trade, GBP/USD...
Crude Drops After Bigger Drawdown than Expected on Weekly Inventories
Oil prices fell more than 1 percent on Wednesday and gasoline futures tumbled, after the U.S. govern...
US Stocks Down on Healthcare and Rate Anxiety
Wall Street’s main indexes pared early gains on Wednesday, weighed down by losses in energy and he...
USD/JPY – Yen Gains on Dollar, Shrugs Off Weak Japanese Data
The Japanese yen has posted considerable gains in the Wednesday session. In North American trade, US...
USD/JPY – Hawkish Fed Provides Temporary Relief
The US dollar continues to show weakness against a strengthening Japanese yen, and Craig Erlam, seni...
CAC Shrugs off Soft French Consumer Data
The CAC index has ticked lower in the Wednesday session. Currently, the index is at 5,338.50, down 0...
As Rate Expectations Rise, Markets Take a Tumble
US Futures Pare Gains as Powell Speech Triggers Another Dip in Stocks US futures are trading slightl...
USD/CAD – Canadian Dollar Unchanged, US GDP Next
The Canadian dollar is unchanged in the Wednesday session. Currently, USD/CAD is trading at 1.2775,...
DAX Edges Lower after Powell Says Rate Hikes to Continue
The DAX index has posted slight losses in the Wednesday session. Currently, the index is trading at ...
EUR/USD – Euro Inches Lower as Eurozone CPI Matches Forecast
The euro has ticked lower in the Wednesday session, after considerable losses on Tuesday. Currently,...
Fed’s Door Ajar for Four Fed hikes
Wednesday February 28: Five things the markets are talking about U.S interest rates and the dollar h...
GBP/USD – Pound Dips as Powell Pushes Dollar Higher
The British pound has posted losses in the Tuesday session. In North American trade, GBP/USD is trad...
Gold Slides as Powell Says Gradual Rate Hikes to Continue
Gold has posted sharp losses in the Tuesday session. In North American trade, the spot price for an ...
USD/JPY – Japanese Yen Dips on Powell Testimony
The Japanese yen has lost ground in the Tuesday session. In North American trade, USD/JPY is trading...
Powell Sees Gradual Rate Hikes Amid Strong U.S. Growth Outlook
Federal Reserve Chairman Jerome Powell said the central bank can continue gradually raising interest...
USD/CAD – Canadian Dollar Steady Ahead of Canadian Budget and Powell Testimony
The Canadian dollar has recorded small gains in the Tuesday session. Currently, USD/CAD is trading ...
Powell Faces New Risks as Fed Chair
Federal Reserve Chairman Jerome Powell’s embrace of his predecessor’s gradual approach to tighte...
UK Set to Become Net Crude Exporter
For all the talk of aging oil fields and shrinking production, the U.K. is about to achieve a surpri...
DAX Under Pressure, Investors Eye German CPI
The DAX index is down considerably in the Tuesday session. Currently, the index is trading at 12,4...