WTI Crude Oil Extends Monthly Declines to New 2-Week Lows as US Inventories Soar
The WTI Crude oil price on Wednesday extended this month’s declines to a new 2-week low of about $67.97 amid increasing US inventories. The light…
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Bitcoin Bounces Off Weekly Lows of $37,564 to Move Closer to $40k
The bitcoin price on Wednesday bounced off the current weekly lows of about $37,564 to trade closer to $40,000 after an extended rally. The BTC/USD…
USD/CAD Bounces Off 1.2520 to Trade Above 1.2544 After ISM Services PMIs
The USD/CAD currency pair on Wednesday bounced off the 1.2520 level to surge above the 1.2544 level after the latest round of US PMIs. The…
AUD/USD Falls to Wipe Out Gains on Strong US Personal Spending Data
The AUD/USD currency pair on Friday plunged to trade around 0.7342, wiping out nearly all gains of the previous two trading sessions. The currency pair…
Gold Falls Off 2-Week Highs to Find Support at $1,810 After Us PCE Data
The gold price on Friday plunged to trade around $1,810 before recovering later to settle at $1,814. The price of the yellow metal found strong…
WTI Crude Oil Extends Gains to New 2-Week Highs After US Q2 GDP
The WTI Crude Oil on Thursday rallied to trade at a new 2-week high of about $73.70 before pulling back late on to settle at…
Bitcoin Price Struggles Below $40,000 as Bulls Take Profits
The bitcoin price (BTC/USD) on Wednesday continued to struggle just below the $40,000 level with bulls taking profits after last week’s rally. However, the price…
US Dollar Index Plunges to New Week Lows Amid FOMC Taper Talk
The US dollar index on Wednesday plummeted to trade at a new weekly low of about 92.23 after the latest FOMC taper talk. The dollar…