Crude oil dips as easing Mideast tensions and rising U.S. inventories counter supply disruptions. Market awaits fresh catalysts for the next big move.
Sat, 22 Feb 2025 01:48:43 -0500
Markets had another interesting week as US President Donald Trump pledged more tariffs ahead. A potential peace deal appears to be gaining traction between Russia and Ukraine but this did little to dent the appeal of Safe havens as Gold continues to hold the high ground.
Fri, 21 Feb 2025 21:56:24 -0500
Canadian gross domestic product will be in focus after firmer labour market reports in December and January, and an upside headline inflation surprise increased the odds that the Bank of Canada will forego another rate cut in March.
Fri, 21 Feb 2025 21:46:38 -0500
Natural gas consolidates below resistance, forming a bearish shooting star. A break below $4.15 could confirm a pullback, with possible support near $3.98 and $3.75.
Fri, 21 Feb 2025 16:37:54 -0500
The DAX 40 is eyeing support and EUR/USD trades around resistance ahead of the German election on Sunday!
Fri, 21 Feb 2025 13:42:03 -0500
Oil traders are worried about a potential slowdown of the U.S. economy.
Fri, 21 Feb 2025 13:38:21 -0500
For the trading week, the high this week reached $73.11. The low was $70.16.
Fri, 21 Feb 2025 13:31:21 -0500
Brazil's central bank is convinced that monetary policy is more restrictive than normal given its guidance for an upcoming interest rate hike, and will adjust it as needed going forward, its monetary policy director, Nilton David, said on Friday.
Fri, 21 Feb 2025 11:20:34 -0500
The US Dollar is poised for a third weekly decline with a reversal off uptrend resistance now testing key support. Battle lines drawn on the USD weekly technical chart.
Fri, 21 Feb 2025 11:16:00 -0500
India's financial crime fighting agency has fined British broadcaster BBC 314,510 pounds ($397,980) for alleged foreign exchange violations in the South Asian nation, three government sources told Reuters.
Fri, 21 Feb 2025 11:06:15 -0500
Geopolitics dominated the news flow again this week but overall had limited market impact. The US held peace talks with Russia in Saudia Arabia leaving EU and Ukraine out of the talks.
Fri, 21 Feb 2025 10:34:29 -0500
US Dollar Index steadies but remains under pressure as weak consumer confidence and housing data weigh. Falling Treasury yields point to bearish momentum.
Fri, 21 Feb 2025 10:30:33 -0500
The natural gas market has rallied nicely for the week, but it is showing a bit of hesitation in the Friday session, as we are looking at the warmer temperatures heading into the picture.
Fri, 21 Feb 2025 10:06:15 -0500
Prior month 4.24M annualized sales pace Existing home sales for January 2025 This article was written by Greg Michalowski at www.forexlive.com.
Fri, 21 Feb 2025 10:00:06 -0500
United States UoM 5-year Consumer Inflation Expectation came in at 3.5%, above expectations (3.3%) in January
Fri, 21 Feb 2025 10:00:04 -0500
United States Existing Home Sales (MoM) registered at 4.08M, below expectations (4.12M) in January
Fri, 21 Feb 2025 10:00:01 -0500
United States Michigan Consumer Sentiment Index below forecasts (67.8) in January: Actual (64.7)
Fri, 21 Feb 2025 10:00:01 -0500
United States Existing Home Sales Change (MoM) down to -4.9% in January from previous 2.2%
Fri, 21 Feb 2025 10:00:00 -0500
US Manufacturing PMI rose from 51.2 to 51.6, an eight-month high. However, Services PMI dropped sharply from 52.9 to 49.7, marking a 25-month low.
Fri, 21 Feb 2025 09:57:16 -0500
The natural gas market initially rallied quite nicely in the early hours of Friday, but it continues to see a lot of resistance above, especially near the $4.40 level. The pullback of course just shows how late we are in the season.
Fri, 21 Feb 2025 09:56:40 -0500