Crude oil extended a surge from the lowest level in almost six years on speculation that some investors are buying contracts to close out bearish bets. U.S. gasoline advanced as workers at some of the nation’s refineries began strike action. West Texas Intermediate futures gained as much as 4...
According to Bank of America-Merrill Lynch, the domestic scenario in Australia has not deteriorated enough that further easing be required, and hence predict the RBA to keep rates on hold in the upcoming meeting...
USD/CAD was moving toward fresh multi-year highs but then turned to the downside and lost more than a hundred pirp in a few hours as crude oil jumped more than 2.50% with the barrel trading near $50. The pair climbed earlier to 1.2772, less than 30 pips below last week highs and then pulled back...
Oil futures on NYMEX rebounded from the weak Chinese PMI data induced slump and rallied as investors now turned their focus on decline in US oil drilling. WTI eyes USD 50 and Brent hover around USD 55 Currently, WTI oil trades 3.26% higher at USD 49.82/ barrel and Brent trades 3...
EUR/CHF printed a fresh daily high at 1.0586, reaching a fresh post SNB turmoil and then pulled back modestly. It was trading at 1.0440/50, almost 200 pips above Friday’s closing price...
On Monday gold swung between small gains and losses, as traders reassessed their expectations for the timing of the first U.S. rate hike and as growing fears over Greece's future in the euro zone weighed...
Stops below decent demand at 1.270o has kicked the pair to 1.2680 where more bids await Oil prices have risen steadily this morning with Brent posting 55.60 from lows of 51.38 in Asia Currently 54.90 and 1.2685 GBPCAD finding it tough above 1.9225 again and has fallen to 1...
The demand for the sterling remains on the back footing at the beginning of the week, with GBP/USD now retaking 1.5030 after testing lows near 1.5000 the figure...
EUR/USD climbed higher to clock fresh session highs at 1.1355 levels in the mid-European session, despite mixed PMI numbers from the Euro zone. Upside restricted on Greek concerns The EUR/USD now trades at 1.1344 levels, higher by 0.51% on the day...
On Monday crude oil futures were heavily pressured, as fears over the global economic outlook and the impact on future oil demand prospects undermined the commodity sentiment...
The European Central Bank (ECB) member Benoit Coeure said today that the bank would begin its bond purchases in the first two weeks of March...
AUD/USD broke momentarily above 0.7800 during the European session and printed a fresh daily high at 0.7811, but then lost strength and pulled back below. Currently the pair is hovering around 0...
On Monday the pound recouped its losses against the greenback, supported by upbeat manufacturing activity data from the U.K. although investors remained cautious amid ongoing concerns over Greece...
After dipping to session lows around 1.5040/30, GBP/USD is now back near 1.5070 after the release of the manufacturing PMI. GBP/USD trims losses The pair is back to the positive territory after the manufacturing PMI in the British economy surprised investors in January, advancing to 53.0 vs...
European stocks rose Monday, as upbeat Spanish manufacturing data overweighed concerns over Greece's future in the euro zone...
The European Central Bank (ECB) board member Benoit Coeure, while speaking in Budapest, said that the ECN’s sovereign QE program buys time for Eurozone government’s to implement structural reforms...
The seasonally adjusted Markit Spain Purchasing Managers’ Index rose to 54.7 in January from 53.8 in December. According to the Markit survey, manufacturing production increased sharply at the start of the year, with the rate of growth picking up since December...
A leading Bitcoin company in Australia, DigitalBTC says that it has dissolved a supply agreement with cloud mining service CloudHashing...
On Monday the Australian dollar continued its gains despite disappointing manufacturing data from China. In China, the HSBC January manufacturing PMI us came in at 49.7, lower than the flash estimate of 49.8...
NZD/USD steadied in the European morning, although trading in a very narrow range as market look for fresh triggers ahead of a slew of NZ data in the week ahead. Consolidates between 0.7246 - 0.7274 levels Currently, the NZD/USD traded flat at 0...
