WTI Crude Oil Pulls Back Below $59.00 After Topping $63.00
The price of the WTI Crude Oil is has plunged since spiking to create a trade gap at the start of the week amid geopolitical…
Author Archive
XAU/USD (Gold) Flirts with $1,500 After Recovery Amid Rate Cut
The price of gold (XAU/USD) bounced-off weekly lows on Thursday following yesterday’s plunge to top $1,500 before retreating to settle below the key level. The…
USD/CAD Trims Weekly Gains by Neary 50% After Rate Cut
The USD/CAD currency pair pulled back on Thursday to trade at around 1.3256 following a Fed rate cut on Wednesday. The pair had rallied to…
EUR/CHF Trims 60% Weekly Gains as SNB Keeps Rates Unchanged
The EUR/CHF currency pair plunged on Thursday morning, moments after rallying to restest current six-week highs of about 1.1018. The currency pair continues to trade…
GBP/USD Stretches Monthly Gains Towards 1.2500 on Fed Rate Decision
The GBP/USD currency pair bounced off the current trendline resistance on Wednesday to surge towards the key level 1.2500 as traders prepared for a Fed…
EUR/USD Short-Term Consolidation Continues Ahead of Fed Statement
The EUR/USD currency pair is trading in a consolidative sideways pattern following the latest pullback on the pair’s attempted recovery. The currency pair jas been…
USD/JPY Extends Gains Above 108.000 Ahead of US Retail Sales
The USD/JPY currency pair appears to be capitalizing on the recent developments around the US-China trade wars after rallying to trade above 108.200. The currency…
AUD/USD Extends Monthly Gains Towards 0.6900 Ahead of US Data
The AUD/USD currency pair has extended current monthly gains to trade just below the key level 0.6900 after both the US and China showed a…