USD/CAD – Loonie Lower Ahead of FOMC Minutes
The Canadian dollar depreciated today versus the USD. The U.S. dollar gained 0.67 versus the CAD...
FOMC Minutes to Validate Fed and Markets on US Rate Hikes
After hiking at the end of 2015 the Fed has now lowered Expectations to 2 Raises in 2016 The USD ...
Gold Rebounds, US Services PMI Rises
Gold has posted gains on Tuesday, reversing the downward movement in the Monday session. In the Nort...
US Crude Flat, US Services PMI Rises
US crude futures are showing limited movement on Tuesday, continuing the trend which marked the Mond...
Kuwait Confident on Oil Freeze Deal in Doha
All signs suggest that a meeting of OPEC and non-OPEC oil producing countries in Doha on April 17 wi...
IMF Lagarde Says Economy Not in Crisis But Growth is Slow
The world economy is continuing to recover but it's still at a delicate stage, IMF Managing Director...
US ISM Rose in March
The Institute for Supply Management said Tuesday that its headline index for the service sector rose...
Oil Near 1 Month Low as Gasoline Demand Falls in US
Oil traded near one-month lows on Tuesday after a surprise fall in gasoline demand in the United Sta...
USD/CAD – Loonie in Tight Range Despite Oil Price Tumble
The Canadian dollar traded in a tight range versus the USD as the weak fundamentals in the U.S. ...
Gold Subdued, Markets Eye Services PMI
Gold is showing limited movement on Monday. In North American trade, gold is trading at a spot pric...
Japan’s Monetary Base Rises to Record High
Japan's monetary base stood at a record-high 375.70 trillion yen ($3.36 trillion) at the end of Marc...
India’s Gold Imports Fall 34% From a Year Ago
India's gold imports in February fell 34 percent compared with the same period last year, news agenc...
Gold Lower As Investors Seek Riskier Assets
Gold prices are modestly lower in early U.S. trading Monday, amid an improving general world trader/...
Russian Oil Production Rose 0.3% in March
Russia's oil production rose 0.3 percent to 10.91 million barrels per day in March, its highest leve...
India Imports 500,000 barrels a Day from Iran
India's Iran oil imports topped 500,000 barrels per day (bpd) in March, highest in at least five yea...
US Crude Steady, Markets Eye ISM Non-Manufacturing PMI
US crude futures are showing limited movement on Monday, trading at $36.67 per barrel in the North A...
RBI, RBA and MAS 3 Asian Central Banks on Deck This Week
Central banks in India and Australia are set to issue policy decisions this week as both countries f...
Iran Oil Minister Rejects Saudi Demand to Freeze Oil Production
Iran’s oil minister on Sunday rejected a Saudi demand to stop throttling up its petroleum producti...
Oil Output Freeze in Danger as Saudi Demands Iran Participate
Oil prices hit one-month lows as prospects of top exporters agreeing to curb chronic oversupply fade...
Week Ahead in FX: Strong NFP Fails to Impress as Dovish Fed Cloud Lingers
Dovish Remarks from the Fed Kept the USD from Gaining on a Strong Jobs Report Employment remains ...