US Dollar Index (DXY) Rises As Initial Jobless Claims Fall to New Pandemic Low
The US dollar is looking to pare some of its losses as the trading week winds down. The greenback, which has lost some of its…
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Natural Gas Soars on Smaller-Than-Expected Supply Build, Chilly Weather
Natural gas futures are staging a huge late-week rally after the US government reported a smaller-than-expected supply build. Natural gas prices have been posting modest…
Canadian Dollar Surges As Bank of Canada Trims Bond-Buying Program
The Canadian dollar broke below the 1.25 mark against its US peer in the middle of the trading week as the loonie found support on…
Crude Oil Slumps Amid US Supply Build, COVID-19 Resurgence Worldwide
Crude oil futures are attempting to erase their losses in the middle of the trading week after the US government reported a tepid build in…
Soybeans, Agricultural Commodities Rally Amid Strong Chinese Demand
Soybean futures are bucking the decline in the broader financial markets and joining other agricultural commodities on Tuesday. Soybean prices have been looking to test…
Russian Ruble Slumps Amid US Sanctions, Lower Crude Prices
The Russian ruble is weakening against its US counterpart on Tuesday as Western sanctions on Moscow continue to weigh on the currency. Despite optimism among…
Gold Slumps After Best Week Since December — Will Inflation Spark a Rally?
Gold futures are stumbling out of the gate after the yellow metal had its best trading week since December. Gold prices are coming under pressure…
Japanese Yen Strengthens Amid Improving Industrial, Trade Numbers
The Japanese yen is strengthening against its US peer to start the trading week as the nation’s trade and industrial sectors witnessed improving numbers in…