Browsing Tag

crude oil

Fed To Ease Further At FOMC

Fed To Cut By .25% The US Dollar is trading with a bid tone ahead of the keenly-anticipated FOMC meeting later today. In line with data weakness and softer global economic conditions, the market is widely expecting the Fed to announce a… Read More

AUD Crushed By RBA Minutes

USD Waiting Game The US dollar remains in the green today ahead of tomorrow’s FOMC meeting though the market is widely expecting the Fed to ease by a further .25% in line with commentary from Powell and other policymakers since the last… Read More

Safe Haven Flows Support Dollar

Dollar Drives Higher The US dollar has started the week on a better footing following the heavy sales seen at the end of last week. Rising tensions between the US and Iran, in the wake of the weekend’s drone strike attacks on Saudi Oil… Read More

Market Braces For ECB

CPI on Watch USD has been under pressure over the European morning on Thursday with the index softening from yesterday’s highs to trade 98.54 last as equities have enjoyed better levels. Though the datasheet for the US has been quiet over… Read More

OPEC Cuts Demand Forecasts

Crude has been knocked lower this week as worsening global conditions and a series of forecast downgrades have trumped the latest moves in inventories data. On Tuesday, the American Petroleum Institute reported a 7.23 million barrel… Read More