Forex
Crude Oil extends declines after OPEC+ disappoints barrel traders, WTI tests $74
Crude Oil prices tumbled on Monday after an update on voluntary production cuts didn’t go how energy traders had hoped last week.
USDCHF moves below 50% and toward 100 day MA target
The USDCHF is trading to new lows and in the process has moved below the 50% retracement target. That level comes in at...
Forex Today: US data dominate the mood in the FX space
The loss of impetus in the US manufacturing sector sparked a deeper pullback in the Greenback and supported further the recovery of the...
AUD/NZD loses key levels on quiet Monday, focus on Australian GDP data
The AUD/NZD echoed a bearish technical outlook on Monday, falling below key levels towards 1.0805 as markets await mid-tier data from both nations...
Crude oil futures settle at $74.22
Crude oil futures are settling at $74.22. That is down $2.77 or -3.60%. The low price reached $73.98. That was the lowest level...
US Dollar loses ground as weak ISM PMIs fuel dovish bets on the Fed
On Monday, the US Dollar Index (DXY) continued its decline toward the 104.15 area mainly due to the Institute of Supply Management (ISM)...
Dow Jones Industrial Average tumbles 300 points after ISM PMI miss
The Dow Jones Industrial Average (DJIA) fell around 300 points on Monday after investors took a backstep after US ISM Manufacturing Purchasing Managers...
USDCAD trades higher after support targets held. BOC rate decision this week.
The USDCAD is higher on the day (lower CAD)which runs counter to the other major currencies. The BOC does meet this week with...
Mexican Peso nosedives on Sheinbaum’s victory and Morena majority concerns
The Mexican Peso plunges against the US Dollar during the North American session following Dr.
Canadian Dollar races Greenback lower after manufacturing PMIs broadly miss the mark
The Canadian Dollar (CAD) is broadly lower on Monday after May’s S&P Canadian Global Manufacturing Purchasing Managers Index (PMI) figures missed the mark.
