Oil turns negative, gold rebounds
Oil dips as OPEC+ fails to reach decision The EIA crude oil inventory left me with mixed feelings. ...
Archive
Biden’s opening infrastructure offer, ADP and Pending Home Sales, IMF reports dollar reserves drop, bitcoin rebounds off Goldman news
Investors appear to have already priced in President Biden’s “Build Back Better” plan which wi...
German Retail Sales, PMIs eyed
The euro has recorded slight gains in the Wednesday session. Currently, the pair is trading at 1.174...
Australian retail sales in focus
The Australian dollar continues to have a relatively quiet week. Currently, the pair is trading at 0...
Wobbly yen pressing on 111
The Japanese yen continues to lose ground this week. Currently, USD/JPY is trading at 110.67, down 0...
Biden, Bonds and the Dollar
OANDA Senior Market Analyst Jeffrey Halley takes us through the Biden infrastructure package tonight...
Europe edges lower, Biden and US bonds in focus
After a weak handover from Wall Street and Asia, European bourses are heading south, giving back som...
Oil under pressure, gold eyes Biden speech
Oil extends losses ahead of EIA data Oil remains under pressure but holds above the key USD60.00 lev...
Oil eyes OPEC+, gold falls below 1700
Oil markets await OPEC+ tomorrow Oil markets retreated overnight as they digested the Suez Canal reo...
The US dollar rally continues at pace
Dollar shows gains as US yields rise The US dollar continued to march higher overnight, initially on...
Asian equities sink despite positive data
China equities dip despite strong PMI reports Wall Street stocks ranged noisily overnight, finishing...
Build back better bashes bonds
US yields rise ahead of Biden infrastructure speech The implications of President Biden’s Buil...
Oil and gold down on strong dollar
Oil market eyes OPEC+ meeting A trifecta of reasons sent crude prices lower: The Suez Canal is open ...
Stocks drop, yields rise, lira pares losses, bitcoin surges
US stocks are dropping on lackluster volume, as investors anticipate the economy is about to run eve...
Canadian dollar slips to 3-week low, GDP next
The Canadian dollar has lost ground for a second straight day. Currently, USD/CAD is trading at 1.26...
British pound dips, GDP next
The British pound has weakened on Tuesday. Currently, GDP/USD is trading at 1.3717, down 0.28% on th...
Swissie falls despite sparkling Swiss KoF
The Swiss franc is trading in negative territory in the Tuesday session. Currently, USD/CHF is trad...
Dax hits an all-time high, US yields rise
Following on from a record close on the Dow, equities across Europe are pushing higher, boosted by t...
Oil looks to OPEC, gold tests 1700
Last week’s volatility has given way to a calmer mood in the oil market as investors tread water a...
The US dollar rallies once again
US yields boost the dollar Once again, the US dollar rose overnight, powered by higher US yields. In...