WTI approaches weekly high above $79.00 amid caution ahead of OPEC+ meet
West Texas Intermediate (WTI), futures on NYMEX, move higher towards weekly high near $79.25 in Tuesday’s European session.
Natural Gas falls despite increasing tensions over deadly Israel strike on Rafah
Natural Gas price (XNG/USD) is testing this week’s low on Tuesday after prices fell on Monday due to extensive profit-taking.
Gold declines after imports to China fall
Gold (XAU/USD) is trading lower in the $2,340s on Tuesday, despite sentiment taking a negative turn (normally positive for Gold) on the back of concerns that demand in China –…
Pound Sterling gains further against the US Dollar with focus on US core PCE inflation
The Pound Sterling (GBP) approaches the round-level resistance of 1.2800 in Tuesday’s European session.
Mexican Peso edges lower as market sentiment ebbs, volatility falls
The Mexican Peso (MXN) edges lower in its most heavily traded pairs on Tuesday as market sentiment ebbs on continuing uncertainty regarding the global interest-rate outlook whilst Israel’s actions in…
USD/CAD extends downside to 1.3600 amid soft US Dollar
The USD/CAD pair drops further to near the round-level support of 1.3600 in Tuesday’s Asian session.
ECB’s Schnabel: QE may have weakened the transmission of monetary policy
European Central Bank (ECB) policymaker Isabel Schnabel said on Tuesday that “QE may have weakened the transmission of monetary policy during the recent tightening cycle.” “In a bank-based economy targeted…
Mester expects the Fed to consider communications as part of its next monetary policy framework review
Cleveland Federal Reserve President Loretta Mester participated in a panel discussion titled “Policy Panel Discussion” at the Bank of Japan (BoJ) – Institute for Monetary and Economic Studies, in Tokyo,…
Fed’s Bowman: Important to keep reducing balance sheet size to reach ample reserves as soon as possible
Federal Reserve (Fed) Governor Michelle Bowman participated in a panel discussion titled “Policy Panel Discussion” at the Bank of Japan (BoJ) – Institute for Monetary and Economic Studies, in Tokyo,…
Australian Dollar remains tough, while US Dollar depreciates ahead of looming US PCE
The Australian Dollar (AUD) continues to strengthen against the US Dollar (USD) for the third consecutive session on Tuesday, despite the softer Australia’s Retail Sales (MoM), which rose by 0.1%…












































