0.0 00 Despite high demand and a global supply shortage, the U.S. West Texas Intermediate (WTI) crude oil futures contract is stalling around $75 per barrel. U.S. black gold is also trading above the 50, 100 …
Read More »Euro Currency continues to Trek Higher against the Yen
0.0 00 Despite a sour mood in the global financial markets, the euro currency is retaining the upper hand against the safe haven Japanese yen. The EUR/JPY currency exchange rate is continuing its six days in …
Read More »Gold Loses Ground thanks to a Stronger US Dollar
0.0 00 The widely traded spot gold futures chart shows that the yellow metal remains on the defensive. The key simple moving averages look flat. However, the bullion is trading below all three simple moving averages …
Read More »Euro Currency Looks to Extend Losses this Week
0.0 00 The euro currency fell for the third week in a row against the U.S. dollar. The EUR/USD currency exchange rate is near a yearly low price point at 1.1663 but still above the key …
Read More »British Pound Rally starts to Look Tired against the Yen
0.0 00 The British pound has climbed higher against the safe haven Japanese yen headed into Friday Asian trade session. The benchmark GBP/JPY currency exchange rate is looking to extend gains made yesterday after the Bank …
Read More »New Zealand Dollar Dips after Hawkish Federal Reserve
0.0 00 The New Zealand dollar remains on the defensive against the U.S. dollar after a hawkish sounding U.S. Federal Reserve Board. The NZD/USD currency exchange rate is trading near a monthly low price point around …
Read More »Dollar Trades Cautiously ahead of the FOMC Decision
0.0 00 The U.S. dollar is looking cautious ahead of a key central bank decision. The USD/CAD currency exchange rate is trading in a narrow range as trade starts during the Asian trade session. This currency …
Read More »British Pound Looks Weak around the 23.6% Fibo Level
0.0 00 The British pound continues to retreat against the U.S. dollar. This week, the GBP/USD currency exchange rate will be focused on monetary policy and rate decisions from the U.S. Federal Reserve and Bank of …
Read More »Gold Looks Bearish as Traders wait on the Fed
0.0 00 Looking at the spot gold futures contract, the bullion fell sharply lower last Thursday and is trading below the 61.8 percent Fibonacci level. The weakness was due, in part, to broad strength of the …
Read More »Euro Currency fall against the Almighty Dollar
0.0 00 A resurgent U.S. dollar has put the euro currency on the back foot as we head into Friday’s trade session. The headline EUR/USD currency exchange rate is trading around 1.1762 to 1.1765 and below …
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