WTI Crude Oil Plunges to New Monthly Lows a Day After EIA Report
The price of WTI Crude Oil plunged on Thursday to hit a new monthly low of about $54.75 a day after the EIA report showed…
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XAU/USD (Gold) Spikes to Multi-Year Highs After US Data
The price of gold (XA/USD) spiked to new multi-year highs of about $1,445 on Thursday afternoon despite better than expected US data from various economic…
EUR/CHF Rebound Cut Short Despite Strong EU CPI
The EUR/CHF currency pair pulled back on Wednesday after yesterday’s climb despite a strong EU CPI data. The currency pair had managed to conjure a…
USD/CAD Pulls Back Towards 1.3050 as Focus Shifts to Canadian CPI
The USD/CAD currency pair pulled back to trade close to the 1.3050 level on Wednesday morning as focus shifted towards the Canadian CPI. The greenback…
GBP/USD Plunges to New Yearly Lows on Hard Brexit Fears
The GBP/USD currency pair plunged on Tuesday to hit a new yearly low of about 1.2396 as the fears of a hard Brexit continued to…
EUR/USD Drops Below 1.1220 After US Retail Sales
The EUR/USD currency pair plunged on Tuesday to reach new weekly lows of about 1.1215 after the release of the Eurozone trade balance for May…
USD/JPY Pulls Back to Cut Short Mid-Week Rebound After US PPI
The USD/JPY currency pair pulled back on Friday to cut short the mid-week rebound after the US Producer Price Index data. The pair had rebounded…
AUD/USD Pulls Back to Trim Weekly Gains After Mid-Week Rally
The AUD/USD currency pair extended weekly gains on Friday morning to hit a weekly high of about 0.7009 before pulling back in the afternoon session…