Brazilian Real Weakens As Interest Rates Expected to Be Unchanged Next Week
The Brazilian real weakened against multiple currency rivals on Friday as markets are betting that the central bank will leave interest rates unchanged next week….
Author Archive
US Crude Falls Below $40 As Oil Rig Count Continues Rise
Crude oil futures fell below $40 to finish the trading week, continuing the pattern for the last several sessions of seesawing around the $40 mark….
Chinese Yuan Pauses Rally After Surging to Two-Year High
The Chinese yuan hit the pause button on its rally on Thursday after climbing to its best level against the US dollar in two years….
Palladium Slides Below $2,400 Despite Recovering Automobile Sector
Palladium futures slipped below $2,400 on Thursday, despite a recovering automobile sector. But market analysts are still bullish over the industrial metal that is critical…
Canadian Dollar Slips As Consumer Inflation Pops, Retail Sales Disappoint
The Canadian dollar erased its gains against its currency counterparts midweek as consumer inflation came in higher than expected and retail sales fell short of…
Natural Gas Breaks Above $3 for First Time in Two Years
Natural gas futures extended their rally in the middle of the trading week, topping $3 for the first time in nearly two years. Natural gas…
Lean Hogs Retreat From 11-Month High Over Export Uncertainty
Lean hog futures are retreating from their best levels in 11 months, driven by uncertainty over foreign exports. US demand remains strong, but with Asian…
Chinese Yuan Extends Winning Streak As Beijing Promises to Support Economy
The Chinese yuan is posting a modest gain against the US dollar on Tuesday after the central government reiterated its commitment to support the world’s…