Trump directs hundreds of millions of dollars to support coal using emergency powers
Trump directs hundreds of millions of dollars to support coal using emergency powers Source link
The USD has reversed most of the earlier declines vs the EUR, JPY and GBP. What next?
The U.S. dollar began the North American session on the defensive, but in today's tightly confined trading environment, momentum and bias can shift quickly. Over the past several days, both…
NZD/USD stays muted as markets monitor Iran developments
The NZD/USD pair trades near the 0.5870 level on Friday, as the United States Dollar (USD) remains supported by cautious Federal Reserve (Fed) commentary and safe-haven demand amid ongoing uncertainty…
Forex Today: Investors look ahead to US NFP report
Here is what you need to know for Friday, June 5:The US Dollar Index (DXY) fell toward 99.18 early Thursday before steadily climbing during the North American session to 99.45…
The USD is lower vs the 3 major currencies to start the North American session
The USD is trading lower against the three major currency pairs—EURUSD, USDJPY, and GBPUSD—to kick off the North American session.The EURUSD has moved higher over the last hour of trading…
Northwest European gasoline margins fall despite stock decline
Northwest European gasoline margins fall despite stock decline Source link
USDCAD technical analysis:USDCAD corrects toward a support target as the upside run stalls
The USDCAD has been trending higher this week, supported by a combination of geopolitical tensions, widening interest-rate differentials, and a weakening Canadian economic backdrop.From a fundamental perspective, the Canadian dollar…
Oil draw larger than expected. Oil climbs to 1 week high, Iran-US deal signals stay mixed
First, oil inventory data. This is from the privately surveyed oil stock data ahead of official government data tomorrow morning out of the US.Via oilprice.com:Expectations I had seen centred on:Headline…
Swiss Franc rallies in spite of itself
The Swiss Franc (CHF) spent Thursday doing something that, on paper, should not work. It closed as the strongest currency on the board, firmer against every major rival, on the…
Weekly Focus – Rate Hikes Coming from the Big Central Banks
Last week’s optimism on a reopening of the Strait of Hormuz faded this week as both US and Iran officials toned down the prospect of agreement and military action flared…
