Prior was +86 bcf Injection season continues as we wait for the weather to turn. Natural gas is down slightly today and trading at $3.35. TTF continues to rise on the Baltic pipeline outage. The oil report is due out at the top of the hour. This article was written by Adam Button at www.forexlive.com.
UPCOMING EVENTS: Tuesday: US NFIB Small Business Optimism Index. Wednesday: US PPI, FOMC Minutes. Thursday: Japan PPI, UK GDP, ECB Minutes, US CPI, US Jobless Claims, NZ Manufacturing PMI. Friday: China CPI, China Trade data, Eurozone Industrial Production, US University of Michigan Consumer Sentiment. This weekend, Hamas launched a massive attack against Israel which draws
Share: Mexican Peso gained on Friday but printed more than 4% weekly losses. Mexico’s economic docket will feature inflation data in the next week. USD/MXN set to extend its gains after printing a new cycle high at around 18.48. Mexican Peso (MXN) finished the week with solid gains vs. the US Dollar (USD)
October is here, and you know what that means: another round of top tier events to start the month, including the monthly monster U.S. employment update! Traders patiently awaited the event before making big moves, patience that was rewarded with a big positive surprise and volatility to follow! Not caught up on the major headlines?
For most of the week, the U.S. dollar dominated the majors, but after the highly anticipated U.S. employment update on Friday, the Greenback finally gave up its crown to the European currencies with the Swiss franc taking the top spot. Missed the major forex headlines? Here’s what you need to know from this past week’s
UPCOMING EVENTS: Monday: BoJ Summary of Opinions, Swiss Retail Sales, Eurozone Unemployment Rate, US ISM Manufacturing PMI. Tuesday: RBA Policy Decision, Swiss CPI, US Job Openings. Wednesday: RBNZ Policy Decision, Eurozone Retail Sales, Eurozone PPI, US ADP, US ISM Services PMI. Thursday: US Challenger Job Cuts, US Jobless Claims. Friday: Japan Wage data, Swiss Unemployment
Share: Markets are digesting the recent PCE numbers. Chicago PMI number deteriorates further. The US Dollar Index clings on to an 11th weekly positive close. The US Dollar (USD) is trying to hold on to another weekly gain, though it looks like either a make-or-break deal. If the US Dollar holds onto gains, this
Weekly WTI Oil is near the lows of the day, down 96-cents but still has some breathing room in what looks like it will be another weekly close above $90. Still, it feels like something of a loss for the bulls, or at least a loss of momentum. We touched $95 early on Thursday before
Euro, EUR/USD, Technical Analysis, Retail Trader Positioning – IGCS Update Euro is on course for an 11th consecutive weekly loss Retail traders maintaining increasingly bearish bets EUR/USD on course to set new lows for this year? Recommended by Daniel Dubrovsky How to Trade EUR/USD The Euro fell about -0.5 percent against the US Dollar on
The week’s primary focus revolved around central bank actions in response to persistent inflation and economic slowdown signals. The New Zealand dollar emerged as the top-performing currency, while the British pound struggled to last place as sentiment stemming from the Bank of England’s recent shift in policy stance weight on Sterling. Missed the major forex
