[ad_1] OIL PRICE FORECAST: Most Read: What is OPEC and What is Their Role in Global Markets? Oil prices continued their advance this morning helped by a weaker USD. The surge in US inventories seems to be overshadowed by growing concerns around tighter supply for the remainder of 2023. Tips and Tricks to Trading Oil
[ad_1] Share: GBP/CAD trades at 1.6924, pressured by rising oil prices and a UK unemployment rate increase to 4.3%. Bank of England hints at a rate cap at 5.50%, while the Bank of Canada eyes further tightening amid strong job growth. Upcoming monetary policy decisions could dictate the pair’s direction, but higher oil
[ad_1] Share: The USD/CLP is breaching into significant highs as the Chilean Peso crumbles. CLP down significantly as the Chilean central bank starts to axe interest rates in the face of evaporating inflation. Market economists expect the Banco Central de Chile expected to begin making 100-point rate cuts in the coming months. The
[ad_1] The September dot plot is always the most-interesting one of the year because it’s the closest thing to forward guidance that the FOMC offers. Officials are required to place a year-end dot but there are only two meetings left so it basically says what they expect to happen in the next two meetings. Now
[ad_1] GOLD PRICE (XAU/USD) FORECAST Gold prices stall after encountering trendline resistance near $1,950 ahead of a high-impact event on Friday: the release of the latest U.S. jobs report Total nonfarm payrolls for August are forecast to have risen by 170,000, following July’s 187,000 increase This article looks at XAU/USD’s key technical levels to watch
[ad_1] OIL PRICE FORECAST: Most Read: What is OPEC and What is Their Role in Global Markets? Oil prices continued their advance this morning helped by geopolitical fears and depleting inventories. A slightly stronger dollar this morning also failed to arrest the rise in Oil prices ahead of a slew of US data. Recommended by
[ad_1] On a Monday morning, market liquidity is very thin until it improves as more Asian centres come online. Prices are liable to swing around on not too much at all, so take care out there. Indicative rates: EUR/USD 1.0801 USD/JPY 146.45 GBP/USD 1.2581 USD/CHF 0.8848 USD/CAD 1.3588 AUD/USD 0.6409 NZD/USD 0.5906 [ad_2] لینک منبع
[ad_1] > A review of the market prices after the Fed Powell speech Fed Powell speech sends USD lower initially, but moving back higher in up and down trading EURUSD 1.0812 USDJPY 1.4608 GBPUSD 1.2611 USDCHF 0.8851 USDCAD 1.3600 AUDUSD 0.6417 NZDUSD 0.5918 US interest rates: 2 year yield 5.058% 10 year yield 4.235% 30
[ad_1] Oil (Brent Crude) Analysis Easing US yields, USD and EIA storage data help oil recover losses Markets look ahead to Powell’s Jackson Hole speech Longer-term outlook for oil remains bullish in a tight market as USD stays elevated The analysis in this article makes use of chart patterns and key support and resistance levels.
[ad_1] Oil Price Analysis and Charts Crude oil prices sink again End-demand worries continue to overshadow a more bullish supply picture The technical charts may point to further short-term losses Recommended by David Cottle How to Trade Oil Crude oil prices struggled again on Wednesday in Europe, extending consistent falls seen since mid-August. The energy
