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Oil prices dipped on Tuesday as rising U.S. drilling activity offset efforts by OPEC and other producers to cut output in a move to prop up the market. Brent crude futures, the international benchmark for oil prices, were trading at $55.16 per barrel

Having failed to resist above 1.08 handle once again, the   EUR/USD pair extends its side-ways movement below the last, as we progress towards the European opening bells. Currently, the spot now trades -0.14% at fresh session lows of

EUR/USD found takers around the 4-hour 50-MA level of 1.0732 and extended the rebound to a high of 1.0788 in Asia.  The US dollar spiked for a brief moment following the release of the Fed statement, which cheered the improvement in the

The gold market is known as one of the most effective safe harbors of the global forex market under today’s globalizing world conditions. After starting at 1210 USD/ounce at the starting of the week, the buying wind that it took over on Friday raised

Oil prices rose on Monday, with traders shifting money into crude futures as the dollar weakened, and on concerns that new U.S.  sanctions against Iran could be extended to affect crude supplies. But markets were held back by more signs of

The GBP/USD pair sees a minor-corrective rally so far this Friday, following yesterday’s massive sell-off triggered by broad based US dollar upsurge, in response to a solid rebound in the treasury yields.  Focus now shifts towards the UK

Oil was stable on Tuesday after falls the previous session, with markets torn between mixed price indicators that have kept crude range-bound for much of the year.  Brent crude futures LCOc1, the international benchmark for oil prices, were

The GBP/USD pair is seen reversing a dip to daily lows struck at 1.2478, and now attempts gains above 1.25 handle amid a broadly subdued US dollar and treasury yields. However, the major remains on a cautious footing amid ongoing Brexit

The USD/JPY pair reversed a spike to daily highs at 112.34, although managed to hold above 100-DMA support located at 112.03, as the yen lost footing amid renewed worries over the outcome of Japan-US Summit scheduled tomorrow in

USD/JPY is seen trading around a flat-line so far this session, confined in a 30-pips slim range, with markets awaiting fresh impetus for the next push higher. The spot is back on the offers, after having witnessed a brief recovery stint from session

The minor-recover seen in the  EUR/USD  pair lost legs just below 20-DMA, knocking-off the rate briefly below 1.07 handle. Currently, the spot drops -0.44% to hover near fresh session lows of 1.0695, as the bears fight back control amid

Oil prices dipped on Wednesday over concerns that producer club Opec would not be able to maintain its high compliance so far with output cuts aimed at reining in a global fuel supply overhang. Brent crude futures were trading at US$55.80 per barrel

EUR/USD is one of the most talked parities with the latest global developments like Trump’s taking into office in the USA and elections in European countries. This year, particularly the elections of Germany and France remain as one of the most

The Crude oil is playing an important role on world industry and economy under today’s world conditions. Despite the announcement from producer countries continuing to create mobility in oil prices, the downward movement in oil prices after the 2.9

Currently, gold rises +0.13% to 1217.25, having posted fresh ten-week highs at 1219.50 earlier today. Gold benefits from a subdued trading activity seen around the greenback across the board, with the USD index meandering near 7-week troughs amid

EUR/USD extended gains to fresh session high of 1.0750 as the unwinding of the Trump trade gathered pace. The spot now trades more than 200 pips above the last month’s closing price of 1.0517. This forces us to consider the possibility of the pair

Oil climbed for a second day on Friday underpinned by expectations of tighter supply and on reports of record Chinese demand, but prices remained under pressure from rising U.S. crude and gasoline inventories. Brent crude, the international

Demand for the US treasury yields returned with the US dollar’s following hawkish comments from Fed Chair Yellen , knocking-off gold to the levels unseen since last Friday. Gold drops sharply from near multi-week tops Currently, gold drops -1.05% to

The GBP/USD pair embarks upon a corrective mode on Wednesday, after having faced fresh offers at 50-DMA, as the bulls consolidate the recent massive upsurge.  GBP/USD back below 1.2400, where 50-DMA intersects: GBP/USD surrenders 1.24 handle and

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