Crude Oil WTI

The economic calendar is relatively quiet for today. This comes ahead of a busy week that includes an ECB meeting. The US advance GDP report will also be coming out which will move the markets. Over the weekend, tensions at the Strait of…
Read More

The US dollar posted declines on Thursday following comments from NY Fed President John Williams. Williams said that the central bank must act quickly to lower interest rates rather than wait for an economic disaster. The NY Fed Chief…
Read More

At an event yesterday, Jerome Powell, the chair of the Federal Reserve, said that the magnitude of the projected rate cut at the upcoming Fed meeting was up for debate. He did, however, indicate that the Fed will definitely be cutting rates…
Read More

The better than expected retail sales report from the US undercut the expectations that the Fed will lower rates more aggressively. Following the upbeat jobs report in June, retail sales report also came out higher than expectations. This…
Read More

The US dollar attempted to reverse the losses from last week on Monday, turning slightly bullish. However, price action was rather subdued. Investors will be looking towards the US retail sales report due later today. Following a strong…
Read More

Here is our weekly video analysis for the FX Majors. We will be breaking down time-frames while highlighting what you should be looking out for this week!
Read More

Producer prices data from the US released on Friday saw a slower pace of growth in June. Official data showed that inflation at the factory gate grew just 0.1% on the month in June. The slower pace came as energy prices fell 3.1% while…
Read More

Depending on who you ask, gold and oil are the two most traded commodity CFDs in the forex markets. The debate about gold trading and oil trading isn’t over how important they are, but rather about whether gold is a currency or a commodity.…
Read More

A day after the Fed Chair Powell’s comments to Congress sent equities higher and the dollar lower, the markets were stabilizing. The US dollar closed the day flat, while the Dow Jones index broke fresh ground, testing the 27,000 milestone.…
Read More