MARKET UPDATE
Asia FX Tepid, Dollar Steadies Ahead of U.S. CPI Inflation Most Asian currencies moved little on Tuesday, while the U.S. dollar curbed a recent losing streak as markets turned cautious…
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MARKET UPDATE
Euro jumps to 3-week high amid hawkish ECB signals, dollar idles The euro jumped to a more than three-week peak versus the dollar on Monday, and sterling rose to the…
WEEKLY ECONOMIC CALENDAR AHEAD
Here is what you need to know about the important news between September 12th, 2022, and September 16th, 2022, where we take a look at the economic data, market news…
WEEKLY MARKET RECAP: September 05 – September 09, 2022
WEEKLY MARKET RECAP: September 05 – September 09, 2022 Happy Friday, traders! Welcome to our weekly market wrap, where we look back at these last five trading days with a…
MARKET UPDATE
Natural Gas Buyers Hoarding Fuel at Sea to Prepare for winter Energy traders and power utilities are storing more liquefied natural gas at sea, an unusual move to hoard supply…
King dollar stomps on yen as U.S. yields rise
The dollar was lord of all it surveyed on Wednesday, at a fresh 24-year peak on the yen and retesting a 20-year high on the euro after U.S. economic data…
MARKET UPDATE
Bitcoin Falls Below $19K, Near 2022 Lows as Fed Jitters Weigh Bitcoin fell further below $19,000 on Wednesday, coming close to its lowest levels for the year as growing fears…
MARKET UPDATE
Oil prices ease on symbolic OPEC+ output cut Oil prices inched lower on Tuesday, paring gains from the previous session, as an OPEC+ deal to cut output by 100,000 barrels…
MARKET UPDATE
Chinese Yuan Hits 2-Yr Low on Renewed COVID Fears The Chinese yuan sank to a two-year low on Monday after the country introduced new COVID-19 restrictions in Chengdu, while mixed…
WEEKLY ECONOMIC CALENDAR AHEAD
Here is what you need to know about the important news between September 5th 2022, and September 9th 2022, where we take a look at the economic data, market news…
MARKET UPDATE
Dollar Edges Lower Ahead of Payrolls; Yen Under Pressure The U.S. dollar edged lower in early European trade Friday but remained near a two-decade high ahead of the widely watched…
WEEKLY MARKET RECAP: August 29 – September 02, 2022
Happy Friday, traders! Welcome to our weekly market wrap, where we look back at these last five trading days with a focus on the market news, economic data and headlines…
MARKET UPDATE
Oil firms seek U.S. mediation to defuse Iraq-Kurdistan tensions Oil firms operating in Kurdistan have asked the United States to help defuse an upsurge in tension between Iraq’s central government…
Oil drops on fears over weaker demand
Oil prices dropped on Thursday, as investors were worried that aggressive interest rate hikes from global policymakers would slow economies and dent fuel demand, while renewed restrictions to curb COVID-19…