Top News

  • US Dollar Falls as Pressure Mounting Ahead of US CPI Data

    US Dollar Falls as Pressure Mounting Ahead of US CPI Data

    Jan 9, 24 • 341 Views • Top News Comments Off on US Dollar Falls as Pressure Mounting Ahead of US CPI Data

    The dollar fell against the euro and the yen on Monday as investors weighed mixed U.S. economic data over the past week and looked ahead to the release of a key inflation gauge for further clues about when the Federal Reserve is likely to begin a tapering...

  • Global Oil Markets Face Challenges as Demand Lags Behind Surging Supply

    Global Oil Markets Face Challenges as Demand Lags Behind Surging Supply

    Jan 4, 24 • 357 Views • Top News Comments Off on Global Oil Markets Face Challenges as Demand Lags Behind Surging Supply

    Oil markets closed the year on a sober note, experiencing their first dip into the red since 2020. Analysts attribute this downturn to various factors, signaling a shift from pandemic-driven price recovery to a market increasingly influenced by speculators....

  • US Oil Production Hits Record Highs, Impacting Biden's Climate Agenda

    US Oil Production Hits Record Highs, Impacting Biden’s Climate Agenda

    Jan 3, 24 • 353 Views • Top News Comments Off on US Oil Production Hits Record Highs, Impacting Biden’s Climate Agenda

    In a surprising turn of events, the United States has become the leading global producer of oil under President Biden’s administration, breaking records and reshaping geopolitical dynamics. Despite the significant impact on gas prices and OPEC’s...

  • Financial Markets Stabilize After Central Banks Saga

    Financial Markets Stabilize After Central Banks Saga

    Dec 18, 23 • 452 Views • Top News Comments Off on Financial Markets Stabilize After Central Banks Saga

    On Monday, December 18, here’s what you need to know: The Bank of Japan is expected to announce its decision in anticipation of tomorrow’s latest policy meeting. There has been speculation concerning when the Bank would finally end its...

  • Forex Signals Today: EU, UK Manufacturing and Services PMIs

    Forex Signals Today: EU, UK Manufacturing and Services PMIs

    Nov 23, 23 • 486 Views • Forex News, Top News Comments Off on Forex Signals Today: EU, UK Manufacturing and Services PMIs

    The USD gained after finding a bottom on Tuesday yesterday due to a yield turnaround after earlier falls. Consumer sentiment in Michigan continued to support the economy, as consumer forecasts for inflation one and five years away continued to be higher, with...

  • US Dollar Stabilizes as Focus Shifts to Thanksgiving, Data Releases

    US Dollar Stabilizes as Focus Shifts to Thanksgiving, Data Releases

    Nov 22, 23 • 592 Views • Forex News, Top News Comments Off on US Dollar Stabilizes as Focus Shifts to Thanksgiving, Data Releases

    The following are the things you need to know on Wednesday, November 22 2023: Despite Monday’s sharp decline, the US Dollar Index managed to gain some small daily points on Tuesday. The USD continues to hold its ground against its rivals early...

  • Inflation Data from Canada and Fomc Minutes Could Spark a Market Rally

    Inflation Data from Canada and Fomc Minutes Could Spark a Market Rally

    Nov 21, 23 • 362 Views • Top News Comments Off on Inflation Data from Canada and Fomc Minutes Could Spark a Market Rally

    On Tuesday, November 21, here’s what you need to know: Despite the bullish action on Wall Street on Monday, the US Dollar (USD) suffered losses against its major rivals as risk flows continued to dominate the financial markets. Investors are focusing on...

  • US Housing Data Leads to Choppy Trading

    US Housing Data Leads to Choppy Trading

    Nov 17, 23 • 395 Views • Top News Comments Off on US Housing Data Leads to Choppy Trading

    The following information is important for Friday, November 17: The financial markets remained relatively quiet for a third consecutive Friday due to a lack of fundamental drivers. US economic data will include Housing Starts and Building Permits, while...

  • Safe-Haven Flows Dominate as Tensions Between Israel and Hamas Escalate

    Safe-Haven Flows Dominate as Tensions Between Israel and Hamas Escalate

    Oct 9, 23 • 414 Views • Top News Comments Off on Safe-Haven Flows Dominate as Tensions Between Israel and Hamas Escalate

    Here is what you need to know on Monday, October 9: After Israel declared war on the Palestinian Hamas group on Tuesday, investors sought refuge to start the week as geopolitical tensions escalated. At last, the US Dollar Index traded in positive territory...

  • Forex Roundup: Dollar Rules Despite the Slides

    Forex Roundup: Dollar Rules Despite the Slides

    Oct 5, 23 • 516 Views • Forex News, Top News Comments Off on Forex Roundup: Dollar Rules Despite the Slides

    On Thursday, investors will monitor global bond markets closely as yields continue to rise. Late in the Asian session, Australia will release its trade data for August. On Friday, the US will publish its weekly jobless claims report. On Thursday, October 5,...