0.0 00 The U.S. West Texas Intermediate (WTI) crude oil futures contract is headed into Thursday trading around $83.50 per barrel. This is the highest price level since October 2014. The WTI contract has been climbing …
Read More »Euro Remains on the Defensive against the Pound
0.0 00 The euro currency remains on the defensive against the British pound. The headline EUR/GBP currency exchange rate is trading lower and near 0.8430 headed into Wednesday trade session. Forex traders are waiting on inflation …
Read More »Euro Currency Reclaims Ground back above 1.16
0.0 00 The euro currency has recovered some losses as financial market sentiment has improved. However the shared currency remains on the defensive against the U.S. dollar. The EUR/USD currency exchange rate is challenging the short-term …
Read More »Dollar Remains in Control of the Japanese Yen
0.0 00 The dollar remains in bullish over the Japanese yen. Since the benchmark USD/JPY currency exchange rate opened at 109.22 yen on 22 September, the greenback has climbed 4.68 percent. Last week, this Forex marked …
Read More »Gold Trades below $1,800 per ounce as Dollar Recovers
0.0 00 Last week, the popular spot gold futures contract started off calm over the first two trading days. The spot contract was trading in a narrow range above $1,750 per ounce. Then the yellow bullion …
Read More »Australian Dollar Holds Near the 100 Day Moving Average
0.0 00 The sentiment and commodity linked Australian dollar is climbing higher against the U.S. dollar as we enter Friday’s trade session. The headline AUD/USD currency exchange rate is currently seeing some resistance at the one …
Read More »Silver Briefly breaks Above $23 before Falling Back Lower
0.0 00 The spot silver futures contract briefly broke above its week long trading range before paring back some gains and falling back towards $23 per ounce and back within the rising ascending triangle formation. This …
Read More »Dollar Waits on U.S. Consumer Prices Data
0.0 00 The U.S. dollar is opening the Wednesday trade session on a weak note against the safe haven Swiss franc. The headline USD/CHF Forex market is above the short-term 21 day simple moving average as …
Read More »Australian Dollar has the Edge against the Yen
0.0 00 The sentiment and commodity linked Australian dollar has been moving higher against the safe haven Japanese yen. The AUD/JPY currency exchange rate continues to look poised for possible gains as we head into Tuesday’s …
Read More »British pound Trades below a Key Falling Trend Line
0.0 00 The British pound remains below a falling trend line as well as below the fifty, one hundred and two hundred (50, 100, 200) day simple moving averages. The benchmark GBP/USD Forex market has been …
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