Crude Oil WTI

The better than expected retail sales report from the US undercut the expectations that the Fed will lower rates more aggressively. Following the upbeat jobs report in June, retail sales report also came out higher than expectations. This…
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The US dollar attempted to reverse the losses from last week on Monday, turning slightly bullish. However, price action was rather subdued. Investors will be looking towards the US retail sales report due later today. Following a strong…
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Here is our weekly video analysis for the FX Majors. We will be breaking down time-frames while highlighting what you should be looking out for this week!
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Producer prices data from the US released on Friday saw a slower pace of growth in June. Official data showed that inflation at the factory gate grew just 0.1% on the month in June. The slower pace came as energy prices fell 3.1% while…
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Depending on who you ask, gold and oil are the two most traded commodity CFDs in the forex markets. The debate about gold trading and oil trading isn’t over how important they are, but rather about whether gold is a currency or a commodity.…
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A day after the Fed Chair Powell’s comments to Congress sent equities higher and the dollar lower, the markets were stabilizing. The US dollar closed the day flat, while the Dow Jones index broke fresh ground, testing the 27,000 milestone.…
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The much-anticipated testimony from Fed Chair Jerome Powell happened on Wednesday. As widely speculated, Powell made the case for a rate cut. This sets the stage for the July Fed meeting where interest rates could be lowered. Following…
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The markets were trading mostly flat on the day on Tuesday thanks to a lack of economic data. Investors are now waiting for Fed Chair Jerome Powell’s testimony today. Powell will be making prepared remarks later today. Following the…
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The monthly payrolls report from the US saw employers adding 224,000 jobs during June. This was higher than the estimates of 162,000 jobs. The unemployment rate ticked higher to 3.7% on an increased participation rate. The average hourly…
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