GBP Rises on All Fronts
April 6, 2011 7:07 am by Anton EljwizatThe GBP experienced one of its most bullish trading days in recent weeks on Tuesday. The GBP made significant gains against many of its most traded currency pairs, such as the EUR, JPY and USD.
GBP Looks to Continue Gains
February 16, 2011 7:33 am by Anton EljwizatYesterday’s inflationary data from the UK should be enough to convince the market of a 25 bp rate increase by BOE in the near term, ultimately supporting the pound.
Crude Oil Inventories Expected to Rise Tomorrow
February 15, 2011 2:00 pm by Greg HoldenAfter rising for a fifth consecutive week last Wednesday, tomorrow’s US Crude Oil Inventories report (15:30 GMT) is expected to show continued surpluses of supply in the world’s largest energy consumer. Forecasts expect to see between 1.5M and 2.6M barrels ...
US Crude Oil Inventories Expected to Show Weak Demand
February 9, 2011 7:00 am by Anton EljwizatThe EUR rebounded from a two-week low against the greenback on Tuesday after a Chinese interest rate hike fueled concerns over its growth. Additionally, demand for commodities prompted traders to unwind bets against the US currency.
Oil Likely to Drop Further Following Tomorrow’s Inventories Report
February 8, 2011 2:50 pm by Dan EduardSince the beginning of the month, the price of crude oil has dropped more than $5.00 based on positive US economic data that has made the dollar stronger and oil less attractive to international buyers.
Traders Eye Fed Statement and Crude Oil Inventories
January 26, 2011 12:19 pm by Russell GlaserAs the US trading session nears, traders are anticipating the FOMC statement as well as US crude oil inventories. Prior to the releases both the euro and crude oil are trading higher on expectations for the Fed to follow through ...
Crude Oil Approaching $90.70 a Barrel; U.S. Supplies at -5.3M Barrels
December 22, 2010 9:03 pm by Yan PettersCrude oil has risen consistently since December 15, reaching as high as $90.70 a barrel today. Crude has gone up almost 400 pips in the last week alone.
Crude Oil Inventories Report Expectations
October 20, 2010 4:52 pm by Greg HoldenCrude Oil prices have been on a tear this month. Yesterday in New York, Crude Oil fell more than 4%, the biggest one-day percentage decline in seven months. Since then, however, it has already managed to regain at least half ...
Swiss KOF Barometer on Tap Today
September 29, 2010 10:32 am by Dan EduardThe US dollar continued to trade bearish against its main currency rivals yesterday, as worse than predicted economic indicators renewed suspicions that the Fed will soon begin a stimulus program to boost the greenback. Following the disappointing news, the ...
British Meeting Minutes Highlight Today’s FX Trading
September 22, 2010 10:50 am by Natalie R.The British MPC meeting minutes will be the main event for a busy day in the FX markets; with US oil inventories figures dominating the New York trading session. Here’s an outlook for the major events in today’s trading.
