0.0 00 The New Zealand dollar is struggling to extend Friday’s gains against the greenback as we head into Monday’s trade session. The NZD/USD currency exchange rate is trading around 0.7040 after see two weeks in …
Read More »Crude Oil Holds above the Key $80 per Barrel Level
0.0 00 The U.S. West Texas Intermediate (WTI) crude oil futures contract saw a two day long losing streak come to an end. The WTI contract is consolidating weekly losses around $80.35 to $80.20 per barrel …
Read More »British Pound Looks to Extend Losses vs the Dollar
0.0 00 The British pound continues to weaken against a resurgent U.S. dollar. Market sentiment favors safe haven currencies after U.S. monthly consumer prices surged 6.2 percent. This could complicate matters for the U.S. Federal Reserve …
Read More »Euro Trades around 0.8550 against the Pound
0.0 00 The euro currency continues to struggle against the British pound. The benchmark EUR/GBP currency exchange rate is wallowing around 0.8550 as we head into Wednesday’s trade session. The corrective bounce off the fifty (50) …
Read More »Euro looks to Gain Ground against the Loonie
0.0 00 The euro currency has gained some ground against the Canadian dollar. The EUR/CAD currency exchange rate is trading higher headed into Tuesday trading around 1.4420. Overnight European Central Bank Chief Economist Philip Lane spoke. …
Read More »Gold Recovers Despite Stronger Greenback
0.0 00 The spot gold futures contract was indecisive most of last week. The spot contract fell sharply on Wednesday after the U.S. Federal Reserve’s policy announcement. The Federal Reserve said that they would begin scaling …
Read More »Euro Currency Trades near a 3 Month Low Price at 1.15
0.0 00 The euro currency has fallen for two weeks in a row against the dollar. The EUR/USD currency exchange rate is trading near its lowest price level since July 2020. This benchmark Forex market is …
Read More »Crude Oil Plummets over 5% on the OPEC + Decision
0.0 00 The spot U.S. WTI crude oil futures contract has been on a bit of a rollercoaster the last two days. On Thursday, price rose to nearly $83.50 per barrel before plummeting over $5 to …
Read More »British Pound is Looking for Support ahead of the BOE
0.0 00 The British pound is trading below the fifty (50) percent Fibonacci level. The GBP/USD currency exchange rate has found some support around 1.36. This is a key psychological level. On Wednesday, the U.S. Federal …
Read More »Silver Struggles for Direction around $23.50 per Ounce
0.0 00 The spot silver futures contract is struggling to extend gains from a three week low price point. The white metal is consolidating quietly around $23.50 per ounce as we head into a busy Wednesday. …
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