Oil Price to Stay Afloat as US Output Falls to Lowest Level Since 2018
The ongoing contraction in US production may keep oil prices afloat in June as crude output falls to its lowest level since October 2018.
Read More »Events to Look Out for Next Week
Geopolitics are back in the picture giving the markets pause and adding another layer of uncertainty to a shaky global outlook. However other than US-China tension, next week the global…
Read More »Colombia Interest rate meets expectations (2.75%)
Colombia Interest rate meets expectations (2.75%)
Read More »Australian Dollar May Wilt, Markets Await Trump China News Conference
The Australian Dollar may be at risk to a reversal against the US Dollar after Trump announced a news conference on China later today. Until then, financial markets may remain…
Read More »US Update – May 28 – Data In line
EURUSD, H1 The -323,000 initial claims drop to 2.123 million in the fourth week of March extended the -241,000 decline to 2.446 million (was 2,438 million) in the BLS survey…
Read More »Vantage FX Launches the Latest Version of MetaTrader 5 (MT5)
Sydney – August 1, 2017 With MetaQuotes edging brokers toward making the hard switch to MetaTrader 5 (MT5), Vantage FX has decided to re-introduce the next generation MetaQuotes platform to…
Read More »Dollar Index trades below 99.00 as S&P 500 futures rise
The dollar index (DXY), which tracks greenback’s value against majors, is losing altitude in Asia with the US stock futures pointing to an extension o
Read More »EURO spikes on hopes for extra ECB stimulus
The EUR has lifted on EU recovery fund news, with the European Commission reportedly outlining a compromise proposal that aims to satisfy both the German-Franco position and the so-called “frugal…
Read More »AUD/USD Rate Faces Key Test as March High Sits on the Radar
The Australian Dollar has outperformed against all of its major counterparts so far in May, but AUD/USD faces a key test as it approaches the March high (0.6685).
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