The euro stayed lower after a weaker-than-expected flash eurozone purchasing managers’ survey for May.
EUR/USD is trading at $1.15906, off 0.27%-0.28%, after a textbook rejection at the $1.1640-$1.1655 resistance band and a clean break of the multi-week ascending trendline whose lower boundary sat at ...
Fundamental Analysis & Market SentimentI wrote on 3rd May that the best trades for the week would be: Long of Brent Crude Futures if we get a daily close above $112.50. This set up last Monday ...
The RBA’s higher-rate stance, oil-driven inflation risks, and China’s weak recovery are shaping the outlook for AUDUSD and ...
Nifty 50 index starts the week on a lower note after oil prices rose to $108 per barrel on the back of geopolitical ...
EUR/USD comes under bearish pressure in the second half of the day on Thursday and tests 1.1600. Disappointing May PMI data from the Eurozone hurt the Euro, while the risk-averse market atmosphere ...
Most major Asian markets were closed due to the May Day holiday. However, the Australian and Japan markets climbed, with Tokyo reportedly intervening in the yen. This comes as investors took in strong ...
US initial jobless claims increased slightly more than expected in the latest week, while eurozone composite PMI fell to 48.6 in April, signaling a contraction in overall activity. The data comes amid ...
WTI dropped below $100 after reports suggested a US-Iran agreement could be getting closer, with Arab media outlet Al Hadath ...
Former US assistant secretary of state Mark Kimmitt said “Project Freedom”, the plan by the United States to escort ships through the Strait of Hormuz, carries risks of escalation but was necessary.
BEIJING, April 30 (Reuters) - China's factory activity expanded for a second straight month in April, as manufacturers cranked up production to ship goods early to buyers worried the Iran war will ...
Monday - Friday: 12:00 - 13:00 SIN/HK | 0600 - 07:00 CET Marc Sievers, former U.S. Ambassador to Oman discusses President Trump's decision to pause the U.S. effort to guide ships through the Strait of ...