Thursday , 9 January 2025

Forex

NZD/USD Price Analysis: Slightly rises to 0.6160 as US Dollar drops
Forex

NZD/USD Price Analysis: Slightly rises to 0.6160 as US Dollar drops

The NZD/USD pair is slightly up by 0.08% at 0.6160 in Wednesday’s early American session.

Weekly oil inventory data shows crude oil build of -1.536M vs 1.338M estimate
Forex

Weekly oil inventory data shows crude oil build of -1.536M vs 1.338M estimate

Crude oil inventories draw -1.536M versus a build of 1.338 million estimate.Distillate inventories build of 0.888M versus a drawdown of -0.150 million estimateGasoline...

United States EIA Crude Oil Stocks Change below forecasts (1.338M) in March 8: Actual (-1.536M)
Forex

United States EIA Crude Oil Stocks Change below forecasts (1.338M) in March 8: Actual (-1.536M)

United States EIA Crude Oil Stocks Change below forecasts (1.338M) in March 8: Actual (-1.536M)

Weekly oil inventory data to be released at the bottom of the hour
Forex

Weekly oil inventory data to be released at the bottom of the hour

The weekly will be released at the bottom of the hour: estimates showcrude oil estimate build of 1.338 milliondistilates estimate drawdown of -0.150...

ASA: Precious metal miners at a discount attracts Saba
Forex

ASA: Precious metal miners at a discount attracts Saba

Among precious metals funds, NYSE:ASA, a +$300 million closed-end fund investing in gold and precious metals since 1958, is truly unique.

US Dollar in the red with equity selloff picking up pace
Forex

US Dollar in the red with equity selloff picking up pace

The US Dollar (USD) is turning red now that the dust has fully settled over the US Consumer Price Index (CPI) data that...

USDCAD keeps a bearish tilt among the ups and downs this week
Forex

USDCAD keeps a bearish tilt among the ups and downs this week

The USDCAD has seen a number of up-and-down moves in the price action this week. Having said that, the pair has remained below...

Market may keep a holding pattern between now and FOMC – OCBC
Forex

Market may keep a holding pattern between now and FOMC – OCBC

Market reaction to US CPI should be considered as contained after some initial choppy actions.

Swiss Franc vulnerable as Swiss National Bank drops strong-Franc policy
Forex

Swiss Franc vulnerable as Swiss National Bank drops strong-Franc policy

The Swiss Franc (CHF) trades in a range in the upper 0.8700s against the US Dollar (USD) on Wednesday.

Natural Gas sinks over 2% on shrinking European Production
Forex

Natural Gas sinks over 2% on shrinking European Production

Natural Gas (XNG/USD) trades well below $2.00 on Wednesday, extending its steep decline last week. More and more selling pressure is accumulating from...