Oil set for third weekly decline as Middle East conflict concerns ebb

Oil set for third weekly decline as Middle East conflict concerns ebb FULL STORY Oil prices were up slightly on Friday but are set to fall for a third week as concerns of supply disruptions from the Israel-Hamas conflict have ebbed, allowing demand worries to reassert themselves. “The threat of disruptions to supplies from the

US equities set for modest gains after the best week of the year

S&P 500 futures are up 7 points, or 0.2%, ahead of the open. Last week was the best one since November 2022. To my way of thinking, any gains today would be a big win following 5 days of non-stop buying, particularly with yields retracing higher today. S&P 500 weekly chart لینک منبع : هوشمند

Mexican Peso set for strong weekly finish, eyes on upcoming Banxico meeting

Share: Mexican Peso gains as US Nonfarm Payrolls expand by only 150K, missing the 180K forecast. Weak US jobs report fuels speculation of multiple Fed rate cuts in 2024, as futures markets indicate. USD/MXN reacts to US labor market cooling, with the Peso hitting a two-month high and US Dollar Index falling. Mexican

Dollar set to post weekly loss; Fed rate peak looms By Investing.com

© Reuters Investing.com – The U.S. dollar weakened in early European trade Friday, extending earlier losses as traders positioned for the end of the Federal Reserve’s rate-hiking cycle, although moves have been limited ahead of the release of key nonfarm payrolls data later in the session.  At 03:20 ET (07:20 GMT), the Dollar Index, which

GBP/USD soaring into 1.24, set for its best trading day since March

Share: The GBP/USD is climbing into the 1.2400 handle to cap off a trading week that saw the pair mostly flounder around the averages. After US Nonfarm Payrolls (NFP) came in well below expectations the Pound Sterling (GBP) climbed 1.6% from Friday’s opening bids near 1.2190, and the GPB/USD is up almost 2.5%