The US dollar rose to Thursday’s high against a range of major rivals, managing to reverse past losses after the Trump administration retreated from the escalating trade conflict between Washington and Beijing. The US Dollar […]
The British pound is currently pressured, as the GBP / USD pair continues to fall. The pair fell in the North American session on Wednesday by 0.56%, to trade at $1.3137 per pound. News that […]
Crude oil prices rose on Wednesday as supply was disrupted in Canada, leading to a shortage of supply in the markets. Oil also caused US officials to inform importers of the need to stop buying […]
The price of West Texas Intermediate crude (WTI) stabilized on Friday, after rising nearly 5 percent, as OPEC’s decision to raise crude oil output was less than some producers had hoped — easing investors’ fears […]
The US dollar was on course to record weekly losses against its major rivals on Friday, as US economic data weighed on market sentiment. This, together with the impact the continued strength of the euro, […]
US stocks fell on Thursday, on the back of a drop in Amazon, after the US Supreme Court allowed US states to force retailers to collect sales tax. Amazon fell 0.7%, marking the biggest losing […]
The US dollar fell to a one-day low against the Japanese yen, amid a surge in the US-China trade tension, affecting market sentiment and boosting safe haven demand for the Japanese currency. The USD / […]
Goldman Sachs said it expects key OPEC member states and Russia to increase output by 1 million barrels per day (bpd) in the second half of 2018, but the increase will shrink among the rest […]
The US dollar fell against a range of major rivals on Tuesday, despite a better-than-expected advance in US economic data. The dollar index, which measures the strength of the greenback against the majors, fell 0.17%, […]
The US Forbes report ruled out that the Organization of the Petroleum Exporting Countries (OPEC) and its independent producers, led by Russia, would abandon the production cutout agreement reached in 2016. The US report predicted […]
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